EXPANSION: Brewer Says 40% of Current Sales Are East of Mississippi
When Stone Brewing Co., one of the 10 largest craft beer makers in the U.S., hired Craig Spitz as its first CFO five years ago, the craft beer maker was generating $48 million annually in sales.
ROUNDTABLE: Owners Cite Range of Regulations Among Business Concerns
For the 40-plus entrepreneurs expected to soon start breweries in the Craft Beer Capital of the World, the process will be a dream come true.
LENDING: Company Looks to Expand into Midmarket Segment
When banks retreated from making small business loans during the depths of the Great Recession, Dave Gilbert saw a huge opportunity.
BEVERAGE: Endorsers, Herbs And Name Target Millennials
Over the past decade, San Diego has become known far and wide for its craft beer industry.
ENERGY: Rate Increases, Innovations Boost Green Solutions
Green energy is surging on the commercial side in San Diego.
REINVENTION: Former Developer Branches Out
A lot of downtown San Diego real estate developers disappeared in the depths of the Great Recession.
TROPHY SPACE: Lack of New Inventory, Pressure on Costs Deter Movement
Need proof that commercial real estate has recovered from the worst of the Great Recession?
MBA Schools Offer Specialty Degrees To Meet Evolving Business Demands
The MBA, first introduced in 1908, remains the go-to degree for successfully advancing through the ranks into the corporate suite.
Manufacturing accounts for 10 percent of the region’s overall economy, according to the results of a recent survey issued by National University System Institute for Policy Research.
TRIP, a national transportation research group in Washington, D.C., releases a report about California’s horrible road conditions, and San Diego is among the counties included in the survey.
San Diego is in the spotlight, making a lot of interesting lists these days … Consumer rating website betterdoctor.com ranks our region No. 25 based on the ratio of primary care doctors to the population. Greenville, S.C., tops that list with a doc for every 377 residents.
Senate Bill 1138, targeting the deliberate mislabeling of seafood, is one recent piece of lawmaking that could impact the local fishing industry, not to mention anyone involved in the food delivery chain.
There’s a plethora of interesting news flowing out of San Diego’s very active entrepreneurial community in recent weeks ... First up, La Jolla venture capital firm Avalon Ventures was one of the big winners when portfolio company Otonomy Inc., a late-stage life science company developing sustained-exposure treatments for ear diseases, raised $100 million in an IPO offering on Wall Street Aug. 12.
LAW: Proliferation of Lawsuits Emphasizes Scope of the Problem
A tidal wave of new lawsuits claiming retaliation against so-called whistleblowers has been hitting business owners in recent years.
Here’s another information technology success story with that unique San Diego twist. Friends who grew up with Kyle Slager in Ohio have two reasons to be jealous of the Buckeye native.
Sadly, the news media is reporting the end of an era that has an impact on San Diego. Sony Electronics is closing its E-reader business which was orchestrated from its North American headquarters in Rancho Bernardo.
La Jolla-based venture capital firm Correlation Ventures added eight new startup companies to its portfolio during the second quarter, Managing Director David Coats said. The investments included PowerVision, Soldsie, Splice Machine, SynthoRX and VigLink, plus three smaller seed deals.
Big changes are ahead in how you pay for auto insurance in California. San Francisco startup Metromile launched pay-per-mile car insurance and has updated its connected car platform, which provides operational data that could have a huge impact on traffic patterns in San Diego and other metro areas in the state.
Las Vegas high-roller Billy Walters, who brags he’s wagered as much as $1 million on the outcome of a single hole of golf, hasn’t been able to sell El Milagro, his 9-acre, 21,000-square-foot Rancho Santa Fe estate, for a listing price of a tad under $20 million.
FINANCE: Recent Successful IPOs Expected To Fuel More Investment
David Titus was in a great mood when he delivered the opening remarks for the recent San Diego Venture Summit.
VENTURE: Region Lured 7 Firms To Set Up Shop and Invest
The money men — and women — are venturing back to San Diego.
Two San Diegans were included among five men arrested by California Department of Insurance detectives on multiple felony charges alleging a complex scheme to defraud insurers.
A new economic study from the Center for U.S.-Mexican Studies at the University of California, San Diego’s School of International Relations and Pacific Studies, along with the Colegio de la Frontera Norte and the Cali-Baja Mega-Region Initiative,
The University of California, San Diego is taking the lead in a statewide initiative to drive research into the rapidly evolving area of neurotechnology, thanks to $2 million included in the new state budget just signed into law.
The University of California, San Diego’s annual Entrepreneurial Challenge, which promotes commercialization of student research, announced the winners of its recent competition.
CPC Strategy — a San Diego-based, retail-focused search agency that uses a proprietary optimization process to drive online sales — was named an official Google shopping partner, only the 10th business to be so recognized since the program was launched in 2012.
A select few of the region’s startups have been chosen for the next gathering of venture capitalists.
iego Venture Summit set for June 19 features “machine-to-machine” expert Daniel Obodovski, the former director of business development at Qualcomm Inc. and author of “The Silent Intelligence: The Internet of Things.”
San Diego-based startup CleverPet LLC, which is developing a Wi-Fi-enableld device to help entertain, train and feed your pet when you’re not home, launched a 33-day crowdfunding campaign to raise $100,000 on Kickstarter.
Crime rates dropped in 2013 after an uptick in 2012, regional planning agency Sandag reported. For example, the 2013 rate for violent crime — 3.66 incidents per 1,000 residents — was 5 percent less than 2012.
San Diego Mayor Kevin Faulconer and some local solar energy industry leaders held a news conference to unveil a report that ranks San Diego No. 2 in the nation behind Los Angeles for the amount of solar panels installed and No. 4 for installations on a per-capita basis.
The number of visitors to this region surpassed 33 million in 2103, the San Diego Tourism Authority reported, reversing a downward trend over the past three years due to the recession.
Move over Silicon Valley, there’s a new champ in town. Forbes magazine ranks San Diego as the best place to launch a new startup out of the 50 largest metro areas nationwide.
Members of the MIT Enterprise Forum San Diego will examine the impact of the big data phenomenon when they gather March 12 at the University of California, San Diego.
Selma Hepp, a senior economist with the California Association of Realtors, will offer an outlook on housing for 2014 at the San Diego-area trade group Pacific Southwest Association of Realtors’ next meeting March 6 in Chula Vista.
The lack of frigid conditions locally — while more than 80 percent of the U.S. was covered in snow and ice in late January — might be one reason why organizers are holding the Climate Leadership Conference here Feb. 24-26 at the Hyatt Regency Mission Bay.
Come this spring, the “above-average Joe” investor will be able to invest modest sums through equity crowdfunding and online Web portals, just like VC firms, thanks to the 2012 Jumpstart Our Business Startups, or JOBS, Act.
For the past couple of weeks, the Insider has been following the exploits of former Navy SEAL Phil Black, the entrepreneur behind FitDeck, a brand of exercise cards sold at his website.
Last summer, the Insider wrote about Phil Black, founder and CEO of Coronado garage-based startup FitDeck, which sells exercise playing cards to fitness buffs via its website.
San Diego-based franchise operator The UPS Store teams with the nonprofit counselors at SCORE to offer guidance to small business customers about finding a mentor. The campaign at UPS’s 4,300 stores is part of National Mentoring Month.
2013 proved to be a boon year for professional investors as the value of initial public offerings on Wall Street hit $11.25 billion, the highest total since 2007.
Happy New Year! The convention business is on a nice growth curve after a five-year lull due to recent economic turbulence.
The holidays came early for one of San Diego’s newest businesses, OnMyBlock.
This announcement shows the changing doctor-patient relationship: North County’s Palomar Health — including its $1 billion Palomar Medical Center in Escondido, which it touts as the “hospital of the future” — has deployed a 21st century wireless network from Silicon Valley-based AirStrip that enables doctors and other providers to access patients’ near real-time clinical data from mobile phones, iPads and other digital devices.
With the two-year federal student loan default rate touching 10 percent, San Diego financial literacy website iGrad decided to survey college and university administrators nationwide to see if their students have the skills to survive the expense of higher education.
The three finalists in San Diego Venture Group’s annual PitchFest have been selected from a list of more than 90 contestants: student housing search service OnMyBlock, “focused ultrasound” medical device startup Sonrgy Inc. and trust fund service provider TrustEgg.
News from the police blotter. Local dietary supplement retailer Ultimate Fitness Nutrition Inc. pleaded guilty to four misdemeanors, including the selling of dietary supplements stuffed with steroids and caffeine and questionable advertising practices, according to a news release from the city attorney’s office.
The San Diego Venture Group released the names of the 10 startups that will battle for $25,000 in cash at its annual PitchFest set for Dec. 12 in La Jolla. The semifinalists were chosen from more than 90 applications.
Here’s a local angle to the upcoming Winter Games. Behind the Scenes Catering, a Sorrento Valley-Mira Mesa-based catering firm, will be cooking meals for 5,000-plus members of the U.S. broadcast and international media, as well as corporate sponsors and athletes, at the 2014 Winter Olympics in Sochi, Russia, come February and March.
Startups in need of angel funding have a new source to possibly tap here in San Diego. Michael J. Kinkelaar, senior partner in the downtown office of Procopio Cory, Hargreaves & Savitch, has been working with Orange County investment bank Roth Capital Partners plus member organizations Connect and Orange County’s Octane to launch a new website, openround.com.
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