Long Island

Top-tier businesses and world-class educational institutions are on our long list of advantages.

We’re home to business success

Long Island has internationally recognized companies and acclaimed research and educational institutions, as well as renowned wineries and beautiful beaches. Primed for growth, the region also offers businesses a highly skilled workforce and close proximity to New York City. Combined with quality of life assets like premier centers of art and culture and captivating natural landscapes, Long Island is truly a place to call home.

$5.87B

spent by tourists in 2017

60

wineries in Long Island’s North Fork — one of the top 10 wine regions in the world

#1

in New York State for number of Life Science jobs

Key facts

Here’s a look at the reasons why businesses of all kinds are thriving in the Long Island region:

  • Industries such as aerospace, defense, pharmaceutical, financial services, biotech/biomedical, agriculture, software and information technology, printing, food processing, government, manufacturing, and travel and hospitality. 
  • With more than 20,000 jobs in the life sciences — the most of any region in New York State — biotechnology is a strong part of the economy as it grows large pharmaceutical firms and launches entrepreneurial startups. Most recently, the region has experienced exponential growth in biotech with companies such as Amneal Pharmaceuticals, NBTY Inc., LNK International, Sciegen Pharmaceuticals, and others.
  • The region is home to a wealth of higher education institutions — 20 colleges and well-known research facilities — that have made, and continue to make, incredible discoveries. Life-changing research is done here, and the investment — by business and by the universities — is substantial.
  •  Long Island has a 300-year history of farming, fishing and raising poultry, and the region continues to support and develop these industries. Today, there are more than 500 farms in Suffolk County generating wholesale produce of $240 million. There are more than 60 vineyards on the island, cultivating 2,500 acres and producing 3.5 million bottles of wine annually.
  • Long Island is home to 42 licensed craft breweries that support more than 350 local jobs and generate more than $55 million in sales.
  • Tourism is also an important part of the region’s economy, supporting more than 75,000 jobs.

The Long Island regional office works hand-in-hand with new and existing businesses to help identify program funding to support business growth and expansion. Below, explore the wide range of economic development programs that are available for building new facilities, relocating a business, expanding operations and workforce and entering new markets and international arenas.

Explore opportunities in the Long Island region

Visit the Long Island Regional Economic Development Council site to see strategic plans, current projects and the latest economic data, plus access funding applications and more.

 

Regional Office

Cara Longworth
Regional Director
150 Motor Parkway
Suite 311
Hauppauge New York 11788-5176
  • Long Island
(631) 435-0717