Santa Barbara has arisen as a location for exceptional and developing businesses other than being a major tourist destination in recent times, said Kenny Slaught. Many noteworthy companies have been formed in recent years, and many, counting AppScale, LastLine, TrackR, and Salty Girl Seafood, have come right out of the University of California Santa Barbara. With more than $200 million raised for local startups from private investors in the prior year, the Central Coast boasts of almost two times the investment per capita in improvement than the greater Los Angeles area, a much better market. While some may feel the allure of Silicon Valley or Hollywood, domestic industrialists welcome the impact of growing a business in an ecosystem that fosters growth. Thus, the region is one of the top places in the country to create and develop startups, giving rise to biotech, medical, technology, and scientific companies like Inogen, Raytheon, Sonos, and BioIQ.
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