Ventura County Business

In what has traditionally been known as the “Gold Coast” area, Ventura County has been funded by a figurative goldmine in the form of the rapidly developing and highly profitable technology market. The “Tech Coast,” as it is now commonly referred to, is home to major presences in the telecommunications, healthcare and biotech industries. Booming tech markets have turned this coastal county into one of the most affluent in the state, ranked 6^th in California in terms of per-capita income.The biotechnology market is centered in the Conejo Valley region, situated in southeast Ventura County and expanding into northwest Los Angeles County. Among the major biotech players located in the area are Amgen and Baxter. The Conejo Valley, though rich in biotech resources, cannot exclusively be considered a biotechnology hotspot. Large international corporations choose to make a home in Conejo Valley as well from automobile makers to makeup manufacturers. Among the big names that have major operations in the region are Audi, J.D. Power & Associates, Jafra Cosmetics, THQ, Volkswagon and Wellpoint.Offering more than just pristine beaches and sunshine to potential technological entrepreneurs, the Tech Coast lays claim to a lot of capital and takes pride in being an epicenter for business development. One such group that plays apart in getting burgeoning techies off the ground is the Tech Coast Angels. The TCAs not only help finance young tech companies during the developmental process, they also provide working connections along with personal knowledge and wisdom to smooth the road towards success. With 70 of the members having run startups themselves, mentoring and operational assistance is readily available. While the Tech Coast Angels have a long history of developing technology industry businesses dating back to 1997, their resources are available to entrepreneurs across industry lines as well. With the organization and drive behind not for profit organizations like the TCAs, the Tech Coast’s prosperity is sure to continue on for years to come.