Santa Barbara County wine industry worth $1.7 billion in 2013
The Santa Barbara County wine industry had around a $1.7 billion economic impact in 2013, according to a recent study commissioned by the Santa Barbara Vintners Association. Spending a weekend afternoon in downtown Santa Barbara’s Funk Zone or driving through the Santa Ynez foothills demonstrate the industry’s growth and wine’s popularity. Yet, St. Helena-based Stonehenge Read More →
Central Coast campaign targets foreign tourists
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New UC venture fund to pump $250M into spinoffs
There certainly is no shortage of money available for startup companies — total venture investments in 2014 were more than $57 billion, according to Dow Jones VentureSource, and there are signs 2015 could top that by billions. There hasn’t been this much cash flowing, particularly in the tech sector, since the late 1990s dot-com boom. Read More →
AppFolio, MindBody must become profitable
AppFolio and MindBody went through growing pains in 2015, spending more money than they earned. Now, 2016 needs to be the year of profitability. On one hand, AppFolio and MindBody successfully transitioned from promising young startups into growing young companies in 2015. As we head into 2016, though, both companies have yet to answer how Read More →
Santa Barbara’s Saks building sells for $15 million
The Saks OFF 5TH building in downtown Santa Barbara was sold to a private out-of-the-area investor for more than $15 million, Lee & Associates recently announced. The nearly 47,000-square-foot property at the corner of State and Carrillo streets represents a continuing trend of discount retailers snatching up valuable downtown space. Saks Fifth Avenue had been Read More →
Santa Barbara’s Silver Air jet management company expanding
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UCSB strives to spur more manufacturing
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