A lot of things have to come together for a region to end up with a successful biotech industry. One of things that was missing on Long Island in the 1980s and 1990s was local sources of funding. Jim Hayward of Stony Brook and Applied DNA Systems recalls: “What was really missing in the ’80s and ’90s was regional access to money. It was all New York City-based or in Connecticut, and there weren’t many investors cultivated in this community. That was one of the missing puzzle pieces that really had to be added.” Eventually, investors outside of New York City began to emerge.