Good Morning it’s Tuesday May 4th and this is Slices of Wenatchee. We’re excited to bring you a closer look at one of our top stories and other announcements every Tuesday, Thursday, and Saturday.
Today - Two Wenatchee companies — PetHub and Cognition Med — are among the six finalists that will compete live for $200,000 in investment awards. It’s all happening at the 2021 Flywheel Investment Conference on May 20th
Today’s episode is brought to you by Equilus Group Incorporated. Equilus Group, Inc is a Registered Investment Advisory Firm in the states of Washington, Oregon, and Idaho. Equilus Group, Inc- Building Your Financial Success. Learn more at Equilusfinancial.com. Member SIPC and FINRA.
--
Now our feature story…
Two Wenatchee companies — PetHub and Cognition Med — are among the six finalists that will compete live for $200,000 in investment awards at the 2021 Flywheel Investment Conference later this month.
The finalists were announced Wednesday. They were selected from 50 startups across the state.
So what is the Flywheel Investment Conference? Well, it’s an annual event that generates exposure and resources for early stage companies.
The conference brings together entrepreneurs, investors and community members. It’s organized by the NCW Tech Alliance, which was formerly known as GWATA. And it’s hosted in partnership with the Flywheel Angel Network, a group of investors interested in supporting long-term economic development in North Central Washington.
Investors include a mix of people with backgrounds ranging from health care, telecom and agriculture to the broader corporate world.
In addition to the grand prize of $200,000 in investment, the audience’s favorite finalist will win a $5,000 cash prize. And there’s a separate $50,000 relocation prize that’ll be offered to the first-place winner if they relocate to either Chelan or Douglas. But if the winning company is already local that offer will be extended to the runner up.
So who are the finalists?
First, Cognition Med, led by Dr. Gautam Nayak. Cognition Med is based in Wenatchee. The company was founded by Confluence Health cardiologist Dr. Gautam Nayak and Sanjay Khicha, a cardiothoracic surgeon in Wichita, Kansas. They’ve developed a mobile clinical collaboration app, that allows medical providers to provide patient-centered care with any colleague in any system at any time. The company’s goal is to reimagine how care is delivered across the country.
The next finalist is Fuchsia, led by Afshan Abbas. Fuchsia is currently based in Kirkland.
They make handcrafted artisan shoes that are comfortable and sustainable. The company produces on-demand shoes incorporating social and eco-consciousness practices in its innovative supply chain.
Another finalist? Iasis Molecular Sciences, fun by David J. Vachon. They’re based in Spokane. Iasis Molecular Sciences is an advanced materials company developing solutions to prevent the transmission of infectious pathogens from surfaces. Their primary focus targets disposable urological medical devices.
There’s also Motis, a company led by Rick Beaton and based in Seattle. Motis Grow is a cloud-based application that personalizes employee development and performance management. It also creates a high-performance business culture. It’s designed for the new hybrid and remote work trends, helping managers to understand, develop and upskill every employee in the organization.
And of course there’s PetHub, led by Tom Arnold. As we mentioned, PetHub is based in Wenatchee.
It’s a data platform that puts pets at the center for all aspects of their life from the time they’ve joined the family. PetHub has 700-800 new pets joining the site daily and more than 600 communities are using PetHub’s ID tags as their license or rabies tag.
And finally, there’s SyncFloor, led by Kirt Debique. SyncFloor is based in Seattle. They enable businesses of all kinds to “use music everywhere” by aggregating content from the world’s best independent catalogs. What they’ve built is a streamlined discovery and licensing experience. SyncFloor currently offers two online marketplaces for music discovery.
The Flywheel Conference is planned as a hybrid event this year. That means in-person attendance is limited to speakers, presenters and investors. The event will be streamed online from noon to 3:30 p.m. on May 20th. And you can get tickets at gwata.org.
To read more on this story visit us at wenatcheeworld.com
-
Here’s what else you need to know about today…
Last week the Centers for Disease Control and Prevention revised masking rules for fully vaccinated people. But local health officials are still encouraging the community to remain vigilant against COVID-19. They’re also emphasizing the importance of getting vaccinated - the key to getting rid of masks permanently.
The new CDC masking guidelines suggest that people who are fully vaccinated don’t need to wear a mask in some outdoor settings...
These settings include walking, running, or biking outdoors with members of your household. Also on the list - attending small, outdoor gatherings with fully vaccinated and unvaccinated people. You can check out the full list at wwrld.us/mask.
Really, the only exception made by the CDC is for crowded outdoor gatherings like live performances or sporting events. In these situations masking is still recommended for everyone.
Dr. Malcolm Butler, health officer for the Chelan-Douglas Health District provided an easy rule to follow: if you are outdoors and close enough to smell someone’s perfume, cologne or the tuna they ate for lunch, you should be masked.
/
A bit over half — 55% — of people in Chelan and Douglas counties have received the first dose of a COVID-19 vaccine, according to health district data.
/
Luke Davies, health administrator for the Chelan-Douglas Health District says that to protect everyone, vaccine coverage needs to reach somewhere between 70% to 76% for the entire population. These recommendations will continue to evolve but again, people should remain cautious.
/
Incidence rates are still hovering a bit below the 200 cases per 100,000 population mark in Chelan and Douglas counties, and it is spiking in other places, Davies said. As of April 27th, the Chelan-Douglas combined incidence rate is at 174.2 new cases per 100,000. The growing number of cases of COVID-19 variants also remains a concern.
-
Before we continue, a special thanks to our friends and sponsors at Confluence Health. The team at Confluence Health is grateful for the trust the community puts in them every single day. They are diligently working to improve the health and quality of life for our friends and neighbors. They are Grateful | They are Confluence Health. Learn more by visiting them at ConfluenceHealth.com
-
Next
The Wenatchee Valley Chamber of Commerce Hispanic Business Council is hosting its first-ever community event on May 8th. It’ll celebrate both the Mexican Cinco de Mayo holiday and local Latinx-owned businesses.
The event starts at 4pm and will take place at Pybus Public Market. You can expect activities, food and music.
Elvis Garcia, chairman of the council and owner of Wenatchee’s Seattle Yoga Lounge & Cafe said the event is designed to educate the public on the history and traditions of Cinco de Mayo and bring attention to local Latinx-owned businesses.
Cinco de Mayo, or the fifth of May, is the date of the Mexican army’s victory over France at the Battle of Puebla in 1862. It is a relatively minor holiday in Mexico according to Garcia, but it’s evolved in the U.S.
In Mexico, Cinco de Mayo is celebrated mostly in Puebla. It includes a re-enactment of the battle, where people dress up as French and Mexican soldiers and go to war with one another. It’s typically followed by a parade where school children and soldiers march alongside mariachi musicians and elaborate floats. T
Garcia said the event on the 8th will include some of the traditions, along with a safe place for the many different cultures in our Valley to celebrate and learn about each other’s customs.
See you there!
-
Before we go, some local history, Wenatchee Valley History is brought to you by NABUR [this is pronounced just like neighbor] – your trusted neighborhood community. NABUR is a free online forum you can trust to connect with your community, focus on facts & make a difference. Join the conversation! Visit wenatcheeworld.com/nabur .
Finally some history
65 years ago in April of 1956, Wenatchee saw the biggest building month in history up until that point.
The city engineer's office has recorded permits during that 30-day period with a valuation totaling $1,647,641. The factor that built up the total was the start of construction of Wenatchee's new junior high school at a cost of $1,455,715.
-
Thanks for listening. We’d also like to thank our sponsor again, Equilus Group, Inc, a Registered Investment Advisory Firm in the states of Washington, Oregon, and Idaho.
The Wenatchee World has been engaging, informing and inspiring North Central Washington Communities since 1905. We encourage you to subscribe today to keep your heart and mind connected to what matters most in North Central Washington. Thank you for starting your morning with us and don't forget to tune in again on Thursday!
Support the show: https://www.wenatcheeworld.com/site/forms/subscription_services/
See omnystudio.com/listener for privacy information.