FAQ | Economic Development

What is my first step to starting a business?

Starting a business may seem daunting, but the Stony Brook Small Business Development Center is available to help both aspiring entrepreneurs and seasoned franchise owners.

Their team of professional business advisors provide free and confidential business counseling services, including developing a business plan, conducting market research, and assisting with loan applications.

Visit the Stony Brook SBDC website here to learn more and schedule an appointment.

What are the benefits of having Incubator Space at Stony Brook University?

Incubator Companies draw on the strengths at SBU in many areas of basic science and engineering, computer science, energy, materials science, marine and environmental science, and medical science and healthcare and can provide a close synergy with faculty, students and research.

What type of space is available for start-ups?

Stony Brook Economic Development has many different types of areas: office space; laboratories; shared space; Start-Up NY space; Hot Spots. Once we receive your application, we can better determine what type of space best serves your needs and financial capabilities.

What areas of concentration are the incubators associated within?

Areas of Research include:

Is there anything I need to do before contacting you?

There is an application form you can fill out online before contacting us. This will help you put your thoughts/ideas into order and help us understand what if and what type of space would be the best fit for you. It will be important to show why you seek to be at one of our incubators (e.g.- collaboration with researchers, or access to specialized facilities) versus renting commercial space. It will also be important to show when you plan to graduate into the Long Island region and continue to grow. The form will be reviewed by the Incubator Selection and Review Committee

Will it cost me anything?

There is no fee for submitting the form and getting reviewed. If you are accepted into our incubators, you will have a one-year lease subject to review after the year to see if you are meeting the milestones for success. You will have access to conference rooms with projector, screen, internet and teleconference ability and the support of our Incubator Advocate who will help answer your questions and the SBDC.