
Mining new markets: HG Data funding rises to $5.5M
By Stephen Nellis / Friday, May 16th, 2014 / Technology, Top Stories / Comments Off on Mining new markets: HG Data funding rises to $5.5M

With a fresh round of venture capital, Santa Barbara-based business intelligence firm HG Data is hoping to track the technology in use at about 100,000 Asian companies to complement it huge database of North American firms.

Ceres plans to license corn-derived gene patent
By Stephen Nellis / Friday, May 16th, 2014 / Agribusiness, East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Ceres plans to license corn-derived gene patent
Thousand Oaks-based energy crop firm Ceres has been granted a patent on a gene sequence derived from corn and plans to license the patent to big seed companies.

Hummingbird Nest rezoning paves way for Simi’s first 5-star resort
By Marlize van Romburgh / Friday, May 16th, 2014 / East Ventura County, Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Hummingbird Nest rezoning paves way for Simi’s first 5-star resort

Texas billionaire David Saperstein has finally secured approval to have Hummingbird Nest Ranch rezoned, paving the way for Simi Valley’s first five-star resort.

Central Coast hopes to be wave energy hub
By Stephen Nellis / Friday, May 16th, 2014 / Central Coast, Green Coast, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Central Coast hopes to be wave energy hub
With five projects in the works that could generate as much a 1.2 gigawatts of electricity, the Central Coast could become the nation’s wave-energy capital.
Costly eye drug drives up region’s Medicare bills
By Marlize van Romburgh / Friday, May 9th, 2014 / Central Coast, East Ventura County, Features, Health Care & Life Science, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Costly eye drug drives up region’s Medicare bills

A Santa Barbara eye doctor and a drug that costs $2,000 per dose are at the center of the debate over how to control the spiraling cost of Medicare.
Santa Maria Energy drills down on search for private equity
By Stephen Nellis / Friday, May 9th, 2014 / Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Santa Maria Energy drills down on search for private equity
Santa Maria Energy is on the hunt for private equity funding for its $120.7 million capital budget after a going-public deal fell apart.
Cal Poly students tap crowdfunding to build playground in South Africa
By Marlize van Romburgh / Friday, May 9th, 2014 / Nonprofits, Real Estate, Top Stories / Comments Off on Cal Poly students tap crowdfunding to build playground in South Africa

A group of Cal Poly landscape architecture students and alumni are working to make the world a better place, one playground at a time.