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Long Island's proposal for a Regional Commercialization Center has won $30 million in a New York State competition, part of a $150 million initiative. The center will occupy 50,000 square feet and serve startups in Nassau and Suffolk Counties, and New York City, though its location is yet to be determined.

Operated by Newlab LLC, the facility will focus on aerospace-defense, clean energy, cyber systems, semiconductors, and artificial intelligence. The center is not expected to open until late 2027. This funding is part of Governor Kathy Hochul's efforts to bolster economic development in the region.