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Ventura County’s ripe farm loan market drives $15.3M bank deal

By   /  Friday, July 25th, 2014  /  Agriculture, Banking & Finance, Banking Industry, East Ventura County, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Sierra Bancorp is placing a $15.3 million bet on the agricultural bounty of Ventura County. The Porterville-based parent company of Bank of the Sierra said July 17 that it is purchasing Santa Paula-based Santa Clara Valley Bank in an all-cash deal that includes three branches and $105 million in deposits. The deal gives the Central […]

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Announcing the 2014 Spirit of Small Business winners

By   /  Friday, July 25th, 2014  /  Central Coast, East Ventura County, Green Coast, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura County, Women Inc.  /  No Comments

Mark Steller, owner of Old Town Market in Orcutt and this year’s North Santa Barbara County Spirit of Small Business award winner. (Nik Blaskovich photo)

The Pacific Coast Business Times is pleased to announce our 2014 class of Spirit of Small Business award winners. The annual special section, now in its 12th year, celebrates small-business ownership and entrepreneurship in the Tri-Counties.

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Keeping Score: Nonprofit business advisers celebrate 50 years

By   /  Friday, July 25th, 2014  /  Central Coast, East Ventura County, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

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  The business-advice nonprofit Score just turned 50, but the advice it provides is ageless. The national organization is celebrating its 50th anniversary this year, and the San Luis Obispo branch is celebrating 30 years. For half a century, Score has provided free or low-cost mentoring and workshops to entrepreneurs and business owners around the […]

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Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley

By   /  Friday, July 18th, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  No Comments

A year ago, the management team at Simi Valley-based Qualstar was ousted by Florida-based BKF Capital, which vowed to cut costs and executive compensation while expanding international sales.  (Stephen Nellis / Business Times photo)

One year after outside investors ousted Simi Valley-based Qualstar’s management and installed a new team, the company has reduced expenses and is working towards profitability.

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Ventura County to get $4.1M Health Care Innovation Award

By   /  Thursday, July 10th, 2014  /  East Ventura County, Health Care, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

The Ventura County Health Care Agency is slated to receive $4.1 million in federal funding to study treatment of chronic obstructive pulmonary disease, or COPD, one of the most common lung conditions in the U.S.

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Ceres inks deal to sell plant genetics software

By   /  Tuesday, July 8th, 2014  /  Agriculture, East Ventura County, Technology, Top Stories  /  No Comments

Shares of Thousand Oaks-based energy crop firm Ceres were up 8 percent in midday trading on news that the company inked a deal to monetize its genome viewing software through a deal with Bayer CropScience.

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Simi Valley hotel dreams take flight with Hummingbird development

By   /  Friday, July 4th, 2014  /  East Ventura County, Real Estate, Top Stories, Tourism, Tri-County Economy  /  1 Comment

The existing main villa is  slated for redevelopment as a boutique hotel. (Nik Blaskovich / Business Times photo)

  In a bid to attract more tourism dollars from nearby Los Angeles, city officials in Simi Valley are pinning their hopes on the development of a five-star hotel at Hummingbird Nest Ranch. But the developer behind the 126-acre ranch says the largest component of the resort development hinges on how well the early phases […]

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