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Assistant Director of Business Development
New York State Center for Biotechnology
Stony Brook University
Long Island, NY
Joe Scaduto currently serves as the Assistant Director of Business Development at the Center for Biotechnology (CFB) resident at Stony Brook University, as well as the founding Executive Director of the Long Island Life Sciences Initiative (LILSI). Mr. Scaduto has accumulated almost 10 years of experience providing business development expertise, strategic planning services and technology commercialization guidance to emerging and expanding bioscience companies on Long Island and throughout New York State. Mr. Scaduto is primarily responsible for corporate outreach, industry relations and government affairs activities on behalf of the CFB. In addition, Mr. Scaduto co-manages the yearly Innovative Technology Development (ITD) Program, which provides up to $250,000 in direct investments in technology development projects in partnership with New York State companies. Mr. Scaduto leads efforts to plan and execute the annual Life Sciences Summit, while administering several programs meant to facilitate industry-academic interactions, technology transfer and new company formation, including BioPartnering Meetings, BioStrategy Sessions and the Technology Commercialization Clinic (TCC). Moreover, Mr. Scaduto leads fundraising activities meant to support CFB programs and services, soliciting over $100,000 in corporate sponsorships and grant commitments annually.
In addition to his role and responsibilities at the CFB, Mr. Scaduto serves on the Tenant Selection and Review Committee of the Long Island High Technology Incubstor (LIHTI), the Stony Brook University Software Incubator, and the Stony Brook University Incubator at Calverton. He is also the Chair of the Bioscience Screening Committee of the Long Island Angel Network (LIAN), the Selection Committee of the annua Long Island Technology Hall of Fame, and the Advisory Committee of the Long Island Index produced annually by the Rauch Foundation. Mr. Scaduto is a co-founder of the New York State Regional Bioscience Council and the New York BIO marketing campaign administered by the New York State Economic Development Council (NYSEDC).
Prior to joining the CFB, Mr. Scaduto held a variety of laboratory research and technology management positions at Stony Brook University, Brookhaven National Laboratory, Binghamton University, Mount Sinai Graduate School of Biological Sciences, BioLife Solutions, Inc. and The Collaborative Group, Ltd. Mr. Scaduto holds a Bachelor of Science degree in biology from Binghamton University (1999), a Master of Science degree in biotechnology from Northwestern University (2000), and a Master of Business Administration degree with a concentration in finance from Stony Brook University (2008). Mr. Scaduto is also a graduate of the Middle Management Program administered by the Institute for Not-For-Profit Management (INM) at the Columbia University School of Business (2005).