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Santa Barbara and Goleta chambers to merge

By   /  Friday, April 24th, 2020  /  Latest news, Small Business, South Coast, Tourism  /  Comments Off on Santa Barbara and Goleta chambers to merge

Two of the region’s largest chambers of commerce have agreed to merge,  creating a regional chamber for South Santa Barbara County that mirrors efforts elsewhere in the region. The Chamber of the Santa Barbara Region and the Goleta Chamber of Commerce announced April 24 that they will combine memberships, creating an organization with more than Read More →

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Office market rents will drop, NAI survey respondents say

By   /  Friday, April 17th, 2020  /  Columns, Latest news, Real Estate  /  Comments Off on Office market rents will drop, NAI survey respondents say

NAI Capital took a look at regional trends from the last 10 years but also asked office market professionals where they see the market going in the near future for its COVID-19 Impact Survey, which was released April 13. “The financial impact on coworking spaces and office landlords in general will likely grow exponentially the Read More →

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Our view: COVID-19 preventative measures have delivered results

By   /  Friday, April 17th, 2020  /  Central Coast, Central Coast Health Watch, Editorials, Latest news, Opinion  /  Comments Off on Our view: COVID-19 preventative measures have delivered results

This is what flattening the curve looks like. Across the Tri-Counties, new coronavirus cases are beginning to level off — with the exception of the Lompoc area, where a federal correctional center has emerged as a rare hot spot. Case counts and deaths per 100,000 population are low compared to other parts of the country Read More →

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More questions than answers as PPP runs out of loan funds

By   /  Friday, April 17th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Law, Small Business, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on More questions than answers as PPP runs out of loan funds

Questions remain as the Small Business Administration ran out of funding for the Payroll Protection Program on April 16. The fund started with $349 billion, which was quickly loaned out to businesses across the nation — but not to everyone at the same time. Independent contractors and self-employed people were able to apply for the Read More →

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Discovery Ventura co-founder faces fraud, theft charges

By   /  Friday, April 17th, 2020  /  Central Coast, Latest news, Law, Small Business, West Ventura County  /  Comments Off on Discovery Ventura co-founder faces fraud, theft charges

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COVID-19 pandemic crushes the tri-county wedding industry

By   /  Thursday, April 16th, 2020  /  Central Coast Health Watch, Latest news, Small Business, Tourism, Tri-County Economy  /  Comments Off on COVID-19 pandemic crushes the tri-county wedding industry

Hundreds of weddings in the Tri-Counties have been canceled or postponed since governmental orders forbade people from gathering in groups to prevent the spread of COVID-19. The ban cratered the industry on the Central Coast, which saw weekends in half of March, all of April and now parts of May become untenable. “It’s devastating to Read More →

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Tri-county airports get federal grants as ridership plummets

By   /  Thursday, April 16th, 2020  /  Central Coast, Latest news, South Coast, Tourism, Tri-County Economy  /  Comments Off on Tri-county airports get federal grants as ridership plummets

Several tri-county airports received federal funding through the Coronavirus Aid, Relief, and Economic Security Act Airport Grant Program as they faced steep declines in ridership. Of the three largest airports, San Luis Obispo County Regional Airport received the most —$20 million. Santa Barbara Municipal Airport got $9.6 million, and Santa Maria Public Airport, which lost Read More →

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