Osmo, a device that simplifies water sampling and makes it easier for scientists to collect water samples, won the UC Santa Barbara New Venture Competition May 19. By winning the competition the young company won $12,500. UCSB’s Technology Management Program held the competition. About 300 students and 35 teams participated in a program that started Read More →
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A new retail project will bring Lowe’s and HomeGoods to Santa Maria and re-establish the city as a regional retail hub. That was the message City Manager Rick Hayden brought to the UCSB North County Economic Summit on May 6. He said that Betteravia Plaza will host a relocated Costco and other shops. The Read More →
Business scholar and consultant Clayton Christensen coined the phrase “disruptive innovation” in the 1990s to describe a breakthrough that reshapes a market and displaces its leading firms. Twenty years later, “disruption” might be the defining theory of the modern economy. Print newspapers, brick-and-mortar retail and taxis have been some of its chief victims. On a Read More →
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Cal Poly San Luis Obispo and UC Santa Barbara received a record number of applications from prospective freshmen and transfer students. Nearly 57,000 Cal Poly hopefuls applied for the upcoming 2016-17 school year, the college said Jan. 15 in a news release. That was a 2.8 percent increase from the incoming freshmen who applied last year and Read More →
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 →