Category: Business

Economic Development Collaborative (EDC) free event and webinar schedule

by Community Contributor • October 30, 2023 • Comments Off

CMTC: PRODUCTIVITY AND COST REDUCTION TECHNOLOGY SOLUTIONS FOR CALIFORNIA MANUFACTURERS

November 1 @ 11:00 am

Changing environments requires efforts to enhance productivity, reduce errors and evaluate automaton to free up valuable human resources for higher-value initiatives. Enterprise Resource Planning has evolved to more than a financial or manufacturing system. Businesses are now able to improve their business insights, increase levels of efficiency, and enable reduction in operational costs. With centralized data, businesses can identify improvement opportunities and mine their data to achieve market advantages.

CLICK HERE TO REGISTER

Teacher’s Fund in Santa Barbara Celebrates Another Milestone: Over $2.1 Million in 21 Years Raised for Local Schools

by Community Contributor • October 26, 2023 • Comments Off

SANTA BARBARA — The Teacher’s Fund celebrated its 21st year by hitting a significant milestone thanks to strong community support during its annual Supplies Drive: the non-profit serving Santa Barbara-area educators surpassed $2.1 million.

The Teacher’s Fund set an ambitious goal this year for its drive – and far exceeded it, thanks to the generosity of residents, local business leaders and entrepreneurs who answered the call to give back. In all, they raised more than $75,000 during this year’s drive.

Bilingual report — Economic Development Collaborative (EDC) — Honoring National Women’s Small Business Month

by Community Contributor • October 25, 2023 • Comments Off

The Economic Development Collaborative would like to recognize National Women’s Small Business Month. The EDC has supported over 875 Women owned small businesses this year alone and has helped generate over 100 jobs. The EDC is dedicated in supporting women with achieving their business goals.

The EDC is proud to support the community by providing professional technical assistance in English and Spanish through our Small Business Development Center. Our NO-COST advising areas include:

Launchpoint in Goleta Granted Patent For Hybrid Power System in Electric Flight

by Community Contributor • October 25, 2023 • Comments Off

GOLETA — LaunchPoint Electric Propulsion Solutions, Inc. (“LaunchPoint”), a pioneer in advanced aerospace electric power generation and propulsion technologies, announced today the grant of US Patent 11,738,875 B2 “Lightweight, High-Efficiency, Energy-Dense, Hybrid Power System for Reliable Electric Flight”. This patent is a significant milestone in LaunchPoint’s greater mission to revolutionize electric flight and propel the aerospace industry into a new era of efficiency and reliability.

Apricot Lane Farms Added to the Ventura County Farm Day Lineup

by Community Contributor • October 25, 2023 • Comments Off

VENTURA — Apricot Lane Farms, the home of the award-winning “Biggest Little Farm” documentary, is a participant in the 11th Annual Ventura County Farm Day, Saturday, November 4. The farm was added this week.

The Moorpark farm is offering free Farm Day Tours on a first come, first served basis. Pre-registration is required to enter the farm—use this Eventbrite link. Parking is limited, so carpooling is suggested.

Founded in 2011 by John and Molly Chester, Apricot Lane Farms currently spans 234 acres of countryside in Moorpark. It cultivates more than 200 varieties of fruits and vegetables; and raises sheep, cows, pigs, chickens and ducks with care and respect. The farm is Certified Organic and Biodynamic.

Bilingual report — Economic Development Collaborative (EDC) 411 Labor Market Report

by Community Contributor • October 24, 2023 • Comments Off

Labor Market Report for September 2023

The California Labor Market Information Division released its September 2023 report earlier this month, showing moderate improvement across all the major labor market indicators. Ventura County gained a total of 2,800 industry jobs, helping to lower the unemployment rate from 4.7% in August to 4.5% in September.

While those are positive indicators for the economy, more interesting was the increase in the total labor force by 5,900 workers, now at 418,800, an encouraging upsurge but still 2,300 workers shy of our pre-pandemic level in September 2019. It appears now that most of the workers that dropped out during COVID are back, except—and this is significant—for those who aged out of the labor force or left the region entirely. The “aging out” piece might be the biggest part of the story, as the demographics show we are aging as a region.