Center of Business: The Small Business Development Center at Antelope Valley’s College of the Canyons will expand its business consulting and training services with the help of a $10,000 donation from Wells Fargo Bank. The center also received $10,000 in matching federal funds for the program.
Healthy Grant: OneWest Foundation, a non-profit public benefit corporation established by Pasadena-based OneWest Bank, has awarded a $300,000 grant to Cedars-Sinai Medical Center in Beverly Hills. The grant will fund a mobile medical clinic to reach underserved children and families in the L.A. area.
SAN FERNANDO VALLEY
Powered Up: Capstone Turbine Corp., a Chatsworth maker of microturbine energy systems, has lined up its first customer from the auto industry. Capstone will provide microturbines for the high-performance electric Supercar and Solo crossover vehicle by L.A.-based Velozzi.
Capital Boost: Cathay General Bancorp, the downtown L.A. holding company for Cathay Bank, has announced that it netted $125 million from its sale of 13.1 million common shares and overallotment options. Cathay, which caters mostly to the Chinese-American community, entered into a memorandum of understanding in December with the Federal Reserve Bank of San Francisco and agreed to take step to maintain capital levels.
SAN GABRIEL VALLEY
Picture This: FotoNuova Photography, a portraiture-focused photo studio, has opened in San Marino. The new shop, at 936 Huntington Drive, was launched by Aaron Gil, who will use the new office to coordinate his on-location and wedding photography.
WEST LOS ANGELES
Game On: West L.A.-based PR and communications agency Wonacott Communications LLC has signed three online game companies. Wonacott will provide PR services to L.A.-based Ndoors Interactive Inc., West Hollywood-based Meteor Games and Newport Beach-based Sleepy Giant.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Regional Reports
- News Roundup: Cathay, Iris, Capstone
- Regional Report
- Capstone Lands Russian Deal
- Business Briefs: National Lampoon, Capstone Turbine, VU Games, Kilroy Realty, DirecTV, Jakks Pacific
- Business Briefs: Capstone Turbine, AEG, Jacobs Engineering, Alcoa Fastening Systems, LTC Properties
- REGIONAL REPORT
- REGIONAL REPORT