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Stony Brook University Named an Innovation & Economic Prosperity University

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STONY BROOK, NY — November 1, 2023  — Stony Brook University has been named an Innovation and Economic Prosperity University by the Association of Public and Land-grant Universities (APLU).Stony brook, ny; stony brook university: winter snow storm on 2/12/19. This national award acknowledges Stony Brook’s role as a leading economic engine, working with private and public sector partners to promote business and industry, talent and workforce development, and innovation and entrepreneurship, sustaining and enhancing Long Island and our state as vibrant and exciting communities.

“Economic development is a major pillar of universities’ work,” said APLU President Mark Becker. “From talent development to path breaking research to entrepreneurship and beyond, institutions have a central role to play in economic development. We’re pleased to recognize Stony Brook University for its commitment to engaging its community around these issues to advance regional economic development.”

Recent accomplishments achieved by the university include being named the anchor institution of the New York Climate Exchange, receiving a $500 million unrestricted endowment from the Simons Foundation and being named a flagship university in the State University of New York  by New York Governor Kathy Hochul. In addition, the university provides economic growth for neighboring communities and the wider geographic region with $7.23 billion in increased economic output on Long Island.

“Stony Brook has been a valued leading partner as Long Island’s economy has developed over the last several decades; from a focus on the defense and aerospace sector to industries defined by cutting edge technology and innovation,” said Matt Cohen, President and CEO of the Long Island Association. “We congratulate President McInnis, our Board member, on achieving this latest recognition of the University’s powerful and significant economic role in our region and state.” 

“Stony Brook has been an esteemed Hauppauge Industrial Association member and participant in our Board of Directors for more than two decades. We are pleased that the university’s latest distinction points out its formidable role in regional innovation as we work together to promote the growth of The Long Island Innovation Park at Hauppauge (HIA-LI),” said Terri Alessi-Micelli, President and CEO, HIA-LI.

Stony Brook received the designation after an independent panel reviewed the university’s application, including an internal review and analysis of its economic engagement activities conducted with outside stakeholder input. APLU’s Commission on Economic and Community Engagement, which manages the designation process, is a national leader in efforts to help public research universities plan, assess, and communicate their work in regional, national, and global economic development and community engagement. The CECE “Economic Engagement Framework” includes tools for university self-assessment, metrics determination, and economic impact analysis.

As part of the self-study conducted with external stakeholders that was central to the designation application process, the university identified three areas of institutional strength in economic engagement and described programs in these areas. Officials also identified areas for growth and improvement for the university’s economic engagement enterprise and developed an improvement plan. This work demonstrated a commitment to continuous learning and improvement in this kind of engagement vital to universities and their regional partners.

Stony Brook University is now one of more than 80 of the nation’s 4,000-plus higher education institutions designated as an IEP university. Institutions that have received the IEP designation have reported significant advancement of their efforts due to the stakeholder engagement and self-study efforts undertaken in conjunction with the program. They are leveraging their status as Innovation and Economic Prosperity universities to identify new areas of opportunity in aligning with economic development objectives. Those campuses are developing deeper engagement with others in their regional innovation ecosystems and making changes within the institution to expand their impact. 


About Stony Brook University

Stony Brook University — New York’s flagship university and No. 1 public university — is going far beyond the expectations of today’s public universities. It is part of the State University of New York (SUNY) system. With nearly 26,000 students, more than 2,900 faculty members, more than 200,000 alumni, a premier academic healthcare system and 18 NCAA Division I athletic programs, Stony Brook is a research-intensive distinguished center of innovation dedicated to addressing the world’s biggest challenges. The university embraces its mission to provide comprehensive undergraduate, graduate and professional education of the highest quality, and is ranked as the #58 overall university and #26 among public universities in the nation by U.S. News & World Report’s Best Colleges listing. Fostering a commitment to academic research and intellectual endeavors, Stony Brook’s membership in the Association of American Universities (AAU) places it among the top 71 research institutions in North America. The university’s distinguished faculty have earned esteemed awards such as the Nobel Prize, Pulitzer Prize, Indianapolis Prize for animal conservation, Abel Prize and the Breakthrough Prize in Mathematics. Stony Brook has the responsibility of co-managing Brookhaven National Laboratory for the U.S. Department of Energy — one of only eight universities with a role in running a national laboratory. In 2023, Stony Brook was named the anchor institution for The New York Climate Exchange on Governors Island in New York City. Providing economic growth for neighboring communities and the wider geographic region, the university totals an impressive $7.23 billion in increased economic output on Long Island. Follow us on Facebook ( and Twitter(@stonybrooku).

About APLU

APLU is a research, policy, and advocacy organization dedicated to strengthening and advancing the work of public universities in the U.S., Canada, and Mexico. With a membership of more than 250 public research universities, land-grant institutions, state university systems, and affiliated organizations, APLU’s agenda is built on the three pillars of increasing degree completion and academic success, advancing scientific research, and expanding engagement. Annually, member campuses enroll 5.0 million undergraduates and 1.3 million graduate students, award 1.3 million degrees, employ 1.3 million faculty and staff, and conduct $49.5 billion in university-based research.


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