Apart from being known as a famous tourist destination, Santa Barbara has now become a center for novel and developing businesses, said Kenny Slaught. Lots of encouraging, new companies have been formed in recent years, and many, counting AppScale, LastLine, TrackR, and Salty Girl Seafood, have come straight out of the University of California Santa Barbara. With more than $200 million created for startups from private investors in the prior year, the Central Coast claims nearly twice the investment per capita in development than the greater Los Angeles area, a much bigger market. While some may feel the attraction of Silicon Valley or Hollywood, native entrepreneurs acknowledge the influence of building a business in an environment that boosts growth. So, the region is one of the best places in the country to launch and develop startups, creating exceptional biotech, medical, technology, and scientific businesses like Inogen, Raytheon, Sonos, and BioIQ.