Flywheel Investment Competition Narrowed From 77 to 31 Semi-Finalists

Thirty-one semi-finalists are in the running for $325,000 in this year's Flywheel investment competition for start-up companies.

The Flywheel Angel Network of investors will narrow the field again to the top companies who will travel to compete live in Wenatchee next month (May 18-19).

The Network calls itself a group of angel investors who are passionate about supporting economic development in North Central Washington.

It forms a new company (Limited Liability Corporation) every year to invest in the winners of the Flywheel Conference.

The conference itself is meant to support and promote startups across Washington State.

The Flywheel Angel Network initially received 77 applications from founders to compete at the 2022 Flywheel Investment Conference.

The group says this year's investment awards will be the highest monetary offering in its history.

The investment awards total over $275,000, but rises to more that $325,000 when combined with a relocation offer of $50,000. 

The semi-finalists moving forward to the next stage are:

Aichieve
Aivot
Allay Health
Aquagga
BodiGuide
BrainSpace
Brite
Clew
Community Gearbox
Drip7 Inc.
Edizeven
Emerald Technology Group
FlexCharging
GemaTEG
Give InKind
Huney Jun LLC
iGuard Home Solutions
innov8.ag
Leasera
Nanu Water Technology
Phenomena
PropEle Electric Boat Motors
Pure Blue Tech
ReCapturit
Stack Moxie
TruMedicines
Violett
Votegrity
VR Ulysses
WHYGRENE
ZILA Works

The Flywheel Investment Conference is directed by the non-profit organization NCW Tech Alliance and presented by Moss Adams, Ogden Murphy Wallace, Confluence Health, and Microsoft.