LaunchPad Long Island

Lauch Pad Long IslandThe brain child of co-founders Andrew Hazen and Richard Foster, LaunchPad Long Island is a 12,000 sq foot co-working space with an emerging business accelerator in Mineola, Long Island.

LaunchPad LI has cracked one of the biggest obstacles that has suffocated many Long Island entrepreneurial endeavors in the past… accessibility. By having their own parking lot, adjacent municipal parking and Mineola train station at their doorstep, LaunchPad LI and their tenants have the unique ability to efficiently draw talent out of Brooklyn, Queens and NYC as well as local residents.

Co-working

Judging from my walk through during the launch party, Andrew, Richard and Brian set out from the start to ensure all public and private spaces were designed to be equally fun and functional. The modern (read: brand spanking new) environment has wood floors, glass desks, leather chairs & couches and all the amenities needed to make the long days and late nights a little less taxing. Aside from the main benefits of peer support and collaboration that make co-working so desirable, LaunchPad Long Island also includes:

  • Peer Support & Collaboration
  • 24/7 access
  • No security deposit
  • Professional services support (legal, finance, marketing, insurance, etc.)
  • Networking opportunities
  • Storage lockers
  • Free coffee & water
  • Copy/Print/San services
  • Access to Hofstra Zarb Business School Speaker Series
  • Conference rooms with large TVs
  • Relax in the Blast Off Lounge

Private Office Suites

The second floor of LaunchPad LI has thirteen (13) brand new furnished Executive office suites for 1 – 6 people.

  • 24/7 Access
  • 95% of suites have windows (Amen!!!)
  • Receptionist services
  • No long term commitments
  • High Speed WiFi
  • Flex Space & “Writable” Idea/Strategy Walls
  • Conference rooms with large TVs
  • Free coffee & water
  • Copy/Print/Scan services
  • On-site parking

Business Accelerator

Unfortunately, at the time of this post, details are still a bit sketchy on the business accelerator side of things. There seems to be a seed fund of $250K with up to $25k being allocated to each team accepted to the program. 

Based on what they are seeking in applicants, it looks intentionally vague, which is natural for the first class of a new accelerator, but what concerns me more, is the lack of  program, such as class start/end dates, demo days, equity structure to the accelerator (if any), and other typical accelerator parameters.

Regardless, I recommend any Long Island based early stage entrepreneur check it out. Just do your homework on other top accelerators like Tech Stars and Y Combinator to best understand how LaunchPad LI stacks up to their peers. 

And There’s More…

There are also a handful of other programs and services that look like they will be coming into their own in due time. Here are a few of them…

  • Speaker Series
  • 30 Under 30
  • Movie Night
  • LaunchPad Cadets

In summary, Long Island now has a true hub for entrepreneurial talent that is easily accessible both geographically and financially. Andrew, Richard and their team have accomplished something very special, now it’s time to get involved to ensure it flourishes.