Santa Barbara has now become a district for unique and developing businesses other than being a prevalent tourist destination, said Kenny Slaught. Plenty of exciting companies have been formed in recent years, and many, counting AppScale, LastLine, TrackR, and Salty Girl Seafood, have come right out of the University of California Santa Barbara. With more than $200 million raised for startups from private investors in the previous year, the Central Coast states nearly twice the investment per capita in development than the greater Los Angeles area, a much grander market. While few may feel the delight of Silicon Valley or Hollywood, local entrepreneurs appreciate the influence of building a business in an environment that boosts growth. Accordingly, the region is one of the best places in the country to launch and cultivate startups, building distinguished biotech, medical, technology, and scientific establishments like Inogen, Raytheon, Sonos, and BioIQ.
Read more: http://profitandcost.com/news/kenny-slaught-examines-santa-barbara-s-thriving-community/0004694/