Philanthropist Fred Kavli dies at 86
Fred Kavli, a Norwegian-born entrepreneur, scientist and philanthropist who created thousands of jobs and gave millions for the study of theoretical physics, died at his home in Santa Barbara on Nov. 21. He founded KavliCo Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.
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The new Black Friday: Small businesses rely on Saturday promotion to boost sales
Small businesses throughout the Tri-Counties will offer their own promotional events and discounts as part of the most recent addition to the holiday shopping calendar, Small Business Saturday.
Read More →With funds and new CEO, Neighborhood Clinics turn the corner
The struggling Santa Barbara Neighborhood Clinics nonprofit is narrowing its funding gap and has a strategic plan and new permanent CEO in place, putting it on track to become financially sustainable at a time when it looks to expand service to Goleta.
“Six months ago, we were in danger of closing our doors,” said Mark Palmer, president of the board.
Read More →Sharp idea: Santa Barbara razor entrepreneur taps crowdfunding
Santa Barbara entrepreneur and former hedge fund manager Steve Worthington has created BornSharp, a self-sharpening razor designed to last five years.
Read More →In good company: Co-working spaces proliferate in region
This has been the year co-working hit the Tri-Counties. With the opening on Nov. 4 of Connect Ventura in the Working Artists Ventura building, there are now co-work spaces in Ventura, Santa Barbara and San Luis Obispo.
Read More →Sonos sets tone for tech firms as it snaps up downtown space
Music equipment maker Sonos markets some of the highest-quality audio equipment around, but the company is being very quiet as it snaps up thousands of square feet of space in downtown Santa Barbara. According to the brokers at Radius Group’s economic and commercial real estate forecast on Oct. 31, Sonos has now leased about 100,000 square feet of new space over the last year, and is looking for more.
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