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Helping local businesses expand and create new jobs since 1969 The LIBDC helps its members form close associations and business relationships while providing a platform for an honest evaluation of Long Islands economic future and the steps we must take to keep it strong. Welcome. The Long Island Business Development Council has been a moving force behind Long Islands economic development for more than five decades helping local businesses expand and create new jobs while also attracting new firms to the region. Our members include bankers real estate brokers builders developers and utilities as well as leaders from universities law firms accountants engineering firms and many others.