Monday, March 4, 2024

FLYWHEEL INVESTMENT CONFERENCE MOVES TO ONLINE FORMAT AND ANNOUNCES TOP SIX COMPANIES SELECTED TO COMPETE FOR $125,000+ INVESTMENT AWARD

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WENATCHEE   The Flywheel Investment Conference is an annual event that generates momentum and resources for early stage companies.  Presented by Moss Adams, Ogden Murphy Wallace, Confluence Health, and Microsoft, the 2020 Flywheel Conference was originally scheduled as a full day event in downtown Wenatchee. In light of COVID-19, the Flywheel Investment organizers announced today that the conference is moving online and into a virtual format. 
 
“We’ve spent the last six weeks evaluating how we move forward in the midst of a global crisis” Jenny Rojanasthien, Executive Director for GWATA. “In partnership with our sponsors and the Flywheel Angel Network, we’re excited to announce that we’re modifying this year’s event to the investment competition only. The investment competition has always been the heart of the conference and this year people can tune in from the comfort of home as we stream online for free. I want to give special recognition to the Flywheel Angel Network, who remain committed to finding ways to support and invest in entrepreneurs in these challenging times.”
 
The Flywheel Investment Conference received 38 applications from Washington State companies to compete for a $125,000+ investment award at the Flywheel Investment Conference on May 20. The Flywheel Angel Network, who puts up the investment award offering, narrowed down to the following Top Six finalists:
 
Agtools is a SaaS Ag and Food supply platform offering real-time data and intelligence to farmers and buyers using algorithms helping them manage market volatility, increase profitability and reduce the world’s 4,900 daily truck-loads in the USA and 62,300 daily truckloads in the world in food waste. ML/AI award winner data gathering ongoing data mining of over 513 commodities with over 120 million plus records of market data with over 25 years national and global scale.
 
Golden SHERPA is a curated senior living platform that matches individuals searching for senior living placement with empty beds at appropriate communities reducing the stress, anxiety, and frustration involved in the search. Communities benefit from Golden Sherpa’s real-time inventory tools saving the time and operational costs of filling an opening.
 
Humming Hemp is an American hemp food company that takes to market innovative hemp snack foods and hemp pantry staples. We believe that everyone deserves vitality in the most delicious, nutritious, and convenient form.
 
Joule Case is a portable power station that replaces gas generators and provides power wherever the power grid is unavailable or unreliable. Joule Case has developed a patented alternative energy technology solution that will make it the Standard Oil of the green revolution.

Parrots Inc. is an assistive robotics and medical devices company that creates smart, inclusive companions for people with mobility and communication challenges. The socially assistive robots empower the users and their caregivers to more robustly experience their worlds by assisting with seeing, sensing, speaking, and interacting with surroundings.

Stormwater Controls LLC. designs and manufactures a line of affordable and easy-to-use modular stormwater contamination reduction systems. We laser cut kits using all stainless steel materials to fit any size catch basin. Utilizing natural, recycled, or repurposed filter media reduces the levels of contamination that enter our local waterways.
 
The community is invited to join online on May 20 for the Virtual 2020 Flywheel Investment Conference and watch as the CEO's from the Top Six companies compete for a $125,000 investment award from the Flywheel Angel Network. Plus, there is a $5,000 cash award for the company who wins "Audience Favorite". Voting for Audience Favorite starts online on May 6 and ends at 2:00pm on May 20.  Virtual Flywheel Investment Conference events will stream online for free on the Flywheel Website, GWATA Facebook Page, and YouTube:
  • 12:00 - 1:30pm Top Six Competition
  • 4:00pm Recap & Announcement of Audience Favorite Award
The Flywheel Angel Network will deliberate and announce the winner of their $125,000+ investment award on June 1st.
 
About the Flywheel Investment Conference
The Flywheel Investment Conference is directed by the non-profit organization GWATA and presented by Moss Adams, Ogden Murphy Wallace, Confluence Health, and Microsoft. The Flywheel Investment Conference is an annual full-day event that generates momentum and resources for early stage companies. The Flywheel Conference is a unique opportunity for angel investors, venture capitalists, entrepreneurs, startups, and community members to come together to connect, learn, and develop resources for building companies. Held in downtown Wenatchee, WA, the event features an investment competition, educational seminars, keynote presentations, and after-party celebration.  More information at www.flywheelconference.com
 
About GWATA
Since 1999, GWATA (the Greater Wenatchee Area Technology Alliance) has served as the region’s tech alliance, championing growth and development in North Central Washington. As a 501(c)3, GWATA’s mission is to bring together people and resources in technology, entrepreneurship, and STEM education. For more information visit www.gwata.org
 

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