Lately, Santa Barbara also became known for its successful businesses beside its tourist attractions, Kenny Slaught explains. Several innovative companies like  AppScale, LastLine, TrackR, and Salty Girl Seafood were founded by University of California Santa Barbara graduates. The Central Coast gathered twice the investment per capita in development compared to the larger market in the greater Los Angeles region. Over the past year, local companies made over $200 million through private funding. Silicon Valley and Hollywood might be popular, but starting a company in a less developed area has a stronger impact. So, this area is ideal to create a business in the fields of biotech, medical, technology, and science. Companies such as Inogen, Raytheon, Sonos, and BioIQ were started here.

Read more: http://profitandcost.com/news/kenny-slaught-examines-santa-barbara-s-thriving-community/0004694/