San Diego Business Journal

SDBJ WEEKLY EDITION

Local Flavor

TRAVEL: Some San Diego Favorites Land in Airport’s New Concession LineupThe prospect of holiday traffic is now a much bigger deal for people like gourmet chocolate seller Jerry Swain. “In retail, chocolate sales tend to be very seasonal,” said Swain, founder and CEO of Jer’s Chocolates in Solana Beach. “But with a location like the San Diego airport, we should be getting a good stream of foot traffic throughout this summer and most of the year.”

By Lou Hirsh July 22, 2013 8:44 a.m.   $$ Share

Nonprofit Partners With Industry to Employ Adults With Disabilities

During a recent visit to Partnerships With Industry, known as PWI, in Santee, I was among a group of companies, community leaders, state agency officials and interested parents to learn more about this remarkable organization.

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Executive Profile: Tony Chen

Tony Chen co-founded Osiris Shoes in 1996, along with Tony Magnusson, Brian Reid and Doug Weston.

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Local Sports Business Accelerator Is the Only one in the Nation

SPORTS: Nonprofit Connects Industry Mentors With Qualified Entrepreneurs

When it comes to connecting companies involved in sports and active lifestyle, the San Diego Sports Innovators is the place everybody turns to.

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Survival of the Fit Tests

FITNESS: Sports Cos. Find San Diego Can Be Perfect Proving Grounds

San Diego isn’t just considered the best place to launch a startup nationwide. The growing number of fitness enthusiasts in San Diego has enticed local sports companies to tap into this niche market with nifty gadgets and new programs and products to enhance athletes’ experiences.

Sheppard Mullin’s 10 New Lawyers Have Something in Common

Sheppard, Mullin, Richter & Hampton LLP pulled off one of San Diego legal community’s largest coups to date, enticing 10 top lawyers from McKenna Long Aldridge LLP to its ranks.

Navy Discovery Could Bring Sea Change to Fueling of Its Fleet

The U.S. Navy claims that it has produced a hydrocarbon fuel made from seawater. Scientists at the U.S. Naval Research Laboratory said they demonstrated the concept in mid-2013, using the fuel to fly a scale model airplane with a stock, two-stroke engine.

SBLF Helping Banks Lend More to Small Business, Report Shows

The Treasury Department released another report on its Small Business Lending Fund program showing that participating banks extended about 56,900 additional small business loans, representing about $12.5 billion in dollars above what the banks lent before accepting the federal funds.

Senomyx’s Stock Gets a Boost from New Deal With PepsiCo

Stock for San Diego flavor maker Senomyx Inc. rose after signing a new deal with PepsiCo Inc. to develop chemicals that will “restore the desired salty taste in products with reduced salt.”

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Hotel Makes Improvements to Cater to Tech Toting Visitors

TRAVEL: Manchester Grand Provides Secure Charging, Faster Data

Visitors to the Manchester Grand Hyatt San Diego who rely on mobile devices to make life and work easier and more efficient will find the hotel more oriented toward them following the latest phase of the hotel’s multimillion-dollar upgrade.

Incubator Gains Momentum, ‘Rock Stars’ Through Its Successes

Biotech: Janssen Labs Is Selective, Not Controlling Of Its Life Science Startups

A Torrey Pines-based life sciences incubator that began two years ago as an “experiment” by pharmaceutical and consumer product giant Johnson & Johnson has today shown more momentum than anyone back then would have imagined.

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Suites at Qualcomm Upgraded in Effort to Lure Business Clients

Sports: Chargers Seek To Keep Pace With Other Stadiums’ Luxury Amenities

As the San Diego Chargers hope to upgrade their roster during next month’s NFL draft to be more competitive on the field, the team is upgrading its luxury suites at Qualcomm Stadium to be more competitive generating revenue.

Parallel Is Pursuing Office Property Bargains in Secondary Markets

Real Estate: Big-Ticket Sales Show Improving Climate

San Diego’s Parallel Capital Partners Inc. has recently picked up some trophy office properties at what it considers bargain prices by historical standards. And it’s had plenty of company in the local market so far in 2014.

Alumnify Creates Collegial Connections for Alumni and Schools

TECH: Business Model Includes Annual Fees From Schools, Donation Feature

College taught A.J. Agrawal a fair amount, but the young tech CEO said he got quite an education after graduation, when he had to cold-call hundreds of colleges.

Group Gathers Forces to Help Software Startups

TECH: Investors Get Chance for Informal Networking, Discussion

The leaders behind a new software-centric forum called Swarm, which seeks to bring local entrepreneurs and investors together, hope the event can reverse a disturbing trend they’re seeing.

Connect’s New Leader Eager to Have an Impact

Innovation: McKee Brings Experience in Biotech, Finance to Nonprofit Role

Greg McKee started his career as an investment banker and moved on to a series of executive jobs in biotechnology, before returning to banking.

Aircraft Parts Maker Branching Into Repair

Manufacturing: QCMI Lands Lucrative Deal To Rebuild Engine Parts

A Santee machine shop that produces complex parts for aircraft and gas turbines is diversifying by going into repair.

Panel Spotlights Corporate-based Venture Funding

Increasingly, the corporate world is moving in to reflate the funding ranks left behind as the number of venture capital firms continue to shrink.

DivX’s New Owners Seek New Customers

TECH: Co. Targets China, Seeks to Increase Its Patents

Change seems to be a constant at DivX LLC, which got new owners this month.

Genomatica Part of Biorenewables Pivot

Biotech: Lack of Market For Biofuels Spurs Flexibility

Biofuels don’t hold the same cachet or glamour they once had, but companies like San Diego’s Genomatica Inc. are showing that the market opportunity is still there for biorenewable products. In particular, specialty chemicals and nutritional supplements are proving to be economically viable industries in the sustainability space.

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E-Cigarettes Are Not Really a Burning Issue

LAW: Cities Move on Bans; Businesses’ Policies Vary

San Diego County and several cities in the region have moved to add electronic cigarettes to policies banning smoking in public places. But the business impact — if any — has yet to materialize.

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Turn of the Screw

Maritime: Marine Group Boat Works Is Thriving, But Uncertainty of Place Looms

Todd Roberts sits in the pilot house of a 114-foot U.S. Navy boat that his workers just built, and mentally charts his course with a mixture of excitement and apprehension.

Superheroes Large and Small Raise Tons of Funds for Autism Cause

Local superheroes gathered in Balboa Park recently to make a big difference for local children diagnosed with autism. The San Diego-based nonprofit National Foundation for Autism Research, or NFAR, hosted its 10th annual San Diego Race for Autism with record attendance of about 7,000 families, runners, teachers and professionals. All of the race proceeds stay in San Diego, funding local programs, autism resources, research and classrooms.

Will Proximity Beacons Breed Contempt From Saturated Users?

Proximity beacon technology, such as that produced by Qualcomm Inc., is ready for prime time.

SBA Rule Changes Open Eligibility Door Wider for Borrowers

The Small Business Administration changed some rules covering its two primary loan programs in an effort to broaden the eligibility of borrowers and extend credit to folks who had been deemed to have too much cash to lend to.

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Executive profile: Peter Zien

AleSmith Brewing Co. owner Peter Zien bought the brewery in 2002 and has spent the last 12 years growing an internationally recognized brand dedicated to hand-forged ales and craftsmanship. Zien began as a homebrewer.

TAPPING THE TALENT

ECONOMY: Programs Aim to Staff Region’s Craft Brewing

Craft beer is brewing up significant economic benefits for San Diego County, not to mention national buzz created by a growing array of local brands now being sold at stores, bars and restaurants across the country.

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Home of the month: The Crescent

The “Crescent” is a home designed by world famous San Diego-based architect Wally Cunningham.

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The Leucadia Vibe Is Creative Enclave’s Connection to Its Roots

The small coastal community of Leucadia has a particular idiosyncratic vibe, and the real estate found within its original boundaries reflects a spirit of individuality and creativity different from most other California beach towns. It’s different even from the four other areas — Old Encinitas, New Encinitas, Olivenhain and Cardiff-by-the-Sea — that join it as part of the city of Encinitas.

Craft Beer Wave Is Headed for New Eatery at Belmont Park

These days a San Diego restaurant opening or menu update is hardly complete without craft beer somewhere in the mix, and local brews will soon play a big role in the ongoing renovation of the iconic Belmont Park in Mission Beach.

Forget the Box, Genomic Advances Open Pandora Herself

In this brave new world of genome sequencing, where some San Diego companies are venturing, the promise of society-changing science comes with undeniable ethical issues.