Region gets new SBA leadership as Parker heads to D.C.
Victor Parker, head of the U.S. Small Business Administration’s Los Angeles District Office, is taking a new post at the agency’s headquarters in Washington, D.C. The LA District, which includes Ventura and Santa Barbara counties, is the largest in the nation in terms of dollar volume of SBA loans. During nine years as district director, Read More →
UCSB, Cal Poly, CLU all make top 10 in U.S. News rankings
UC Santa Barbara placed No. 30 on U.S. News & World Report’s latest ranking of national universities and sixth among public universities, one of three Central Coast colleges in the top 10 in its category. U.S. News released its annual “Best Colleges” lists for 2021 on Sept. 14, with the six colleges in the Tri-Counties Read More →
Goleta fire station gets Coastal Commission OK
The California Coastal Commission voted unanimously on Sept. 10 to approve a new fire station in western Goleta, a project approved by the city of Goleta in 2018 to improve emergency response times and fire preparedness. The new fire station will be built on a city-owned property at 7952 Hollister Ave., near Sandpiper Golf Club. Read More →
AppFolio to sell legal unit for $193M
In a move that reflects a shifting landscape for the software business, Goleta-based AppFolio said Sept. 8 that it is selling its MyCase legal practices suite of services for $193 million to a group of private equity funds. The all-cash deal concentrates AppFolio’s services in the real estate management field, where it has carved out Read More →
Carbajal expects more stimulus funds
An agreement on a new round of stimulus funding, including payment to individuals and additional funding for small business, is likely to be reached in mid-September, says U.S. Rep. Salud Carbajal, D-Santa Barbara. In a Sept. 2 phone interview with the Business Times, Carbajal said he expects the White House and House Speaker Nancy Pelosi Read More →
UC files new complaint in lightbulb licensing dispute
Efforts to secure licenses for UC Santa Barbara’s LED lighting patents entered a new chapter on Aug. 31, with the launch of a second round of complaints against major retailers. Filed by Nixon Peabody on behalf of the Regents of the University of California, the complaint calls for an ITC investigation of imports by General Read More →
Montecito man gets 3 years for stock fraud scheme
Efstratios “Elias” Argyropoulos of Montecito was sentenced Aug. 31 to three years in federal prison for defrauding 130 investors out of more than $3.4 million, federal prosecutors announced. Argyropoulos was the president and sole shareholder of the financial services firm Prima Ventures from 2010 to 2015. During that time, he told investors he had the Read More →
