SOURCE: Long Island Capital Alliance

Long Island Capital Alliance

May 01, 2013 13:10 ET

Long Island Capital Alliance Launches New Website

Feature-Rich Website www.licapital.org Utilizes Social Media Technologies to Bring Emerging Companies Together With the Investment Community

MELVILLE, NY--(Marketwired - May 1, 2013) - The Long Island Capital Alliance ("LICA"), the leading non-profit capital formation and business development organization serving regional companies, today announced the launch of its newly formulated website complete with the latest in social media capabilities. LICA invites all interested parties to visit the new website at www.licapital.org.

In order to better serve a broader segment of the investment community and regional companies seeking capital, the revamped website provides a feature-rich platform designed for non-profit organizations such as LICA, with enhanced information sharing and search engine optimization technologies, as well as streamlined membership, sponsorship, event registration and presenting company application procedures. In addition, LICA has made other improvements to its website to stay ahead of capital formation trends and ongoing regulatory changes.

To further expand the use of LICA's redesigned website, all significant forms of social media have been incorporated. LICA believes it is the first regional capital formation services organization to have its own YouTube channel. Other social media capabilities include Twitter, Linked In, Facebook, and a link to LICA's blog, all provided in an effort to expand the reach of capital providers and local emerging businesses.

Neil Kaufman, chairman of LICA and chairman of the corporate department at Abrams Fensterman, stated that, "One of the exciting enhancements to our new website is a section that provides online videos of our capital forum presentations and investor panels, which will be easily accessible by prospective investors and entrepreneurs. In this way, we are looking forward to taking full advantage of the impending SEC rule change permitting general advertising of Rule 506 private placements to accredited investors, in order to bring maximum benefit to our presenting companies and investors."

LICA recognizes that the competition for capital is intense -- even with the best investment ideas, strongest management teams and sophisticated strategic partners. LICA continues to do its part to facilitate access to investment for the local business community.

LICA's new website provides improved access and registration for the organization's events. Online registration is now available for the next event -- the Biotech Technology Transfer Capital Forum with Cold Spring Harbor Laboratory scheduled for June 14, 2013. At this event, Cold Spring Harbor Laboratory scientists will present some of the exciting new technologies developed there to biotech investors, and investors will have an opportunity to meet and establish relationships with the Cold Spring Harbor Laboratory officials and scientists.

About the Long Island Capital Alliance:

Since 1984, the Long Island Capital Alliance (www.licapital.org), formerly known as Long Island Venture Group, has been promoting business growth on Long Island. LICA seeks to create a productive and business-friendly environment that will afford area businesses access to the resources necessary to compete successfully in today's markets. LICA serves as a focal point for the exchange of ideas among new and existing business enterprises, successful entrepreneurs, investors, and service providers. Through quarterly capital forums and special meetings, LICA brings together members of the region's business community, and has been recognized as the place to turn to when small businesses need equity, debt, or other financing, or for investors to find an attractive investment opportunity.

LICA's mission is to encourage economic development on Long Island by facilitating capital formation for a broad range of companies in various industries, from early stage to mature middle market closely held and publicly-traded businesses. LICA accomplishes this primarily through education, networking, quarterly capital forums, periodic special educational meetings, and alliances with other regional organizations. LICA brings together members of the region's business community and serves as the finance arm for significant local business and organizations.

For more information on LICA and its next event, please contact LICA today or register online at http://licapital.org/licapital/pres_join.asp.

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