Author Archives: EDCO

EDCO Announces the 2021 BVC Early Stage Finalists

EDCO ANNOUNCES THE EARLY STAGE FINALISTS PRESENTING AT THE BEND VENTURE CONFERENCE OCTOBER 21-22, 2021

Tonsil Tech wins PubTalk Audience Award, walks away with $3,000

BEND, Ore. – September 24, 2021 – Economic Development for Central Oregon (EDCO) announces the five finalists advancing in the Early Stage competition for the 18th Annual Bend Venture Conference (BVC) on Thursday, October 21 – Friday, October 22, 2021. These companies will compete for a minimum investment of $30,000 from Portland Seed Fund.

Eight companies took the stage both virtually and in-person to pitch during last night’s Central Oregon PubTalk. This competition includes companies that have a great idea and are close to “proof of concept.” They are pre-revenue (or very early) and are in the process of testing their product in the market. The Early Stage companies will pitch during BVC on Friday, October 22nd.

In addition to being a finalist, Tonsil Tech won the audience vote and received a $3,000 cash award, courtesy of Washington Trust Bank.

In alphabetical order, the Early Stage finalists that will compete at BVC are:

  1. cannecht (Bend, OR) – A digital marketplace to help cannabis operators find and secure service contracts with trusted providers.
  2. KinectAir (Vancouver, WA) – Private aviation made public. Affordable, soon-to-be electric, aircraft booked from your smartphone using local community airports.
  3. LifeAir (Portland, OR) – Saving millions of lives by pioneering the first ventilator that eliminates patient-to-patient transmission of diseases, such as pneumonia and COVID.
  4. Radious (Portland, OR) – An online marketplace for rentable home office and meeting space.
  5. Tonsil Tech (Redmond, OR) – At-home handheld device to remove tonsil stones painlessly and effectively.

Ticket Sales
Tickets to the 18th Annual Bend Venture Conference are on sale now and are available here.

About Bend Venture Conference (BVC)
Now in its 18th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past five years, more than $10 million has been invested in 40 companies as a result of the conference. This year’s conference will take place October 21-22, 2021, gathering entrepreneurs, investors and business leaders. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

EDCO Announces the 2021 BVC Impact and Growth Stage Semi-Finalists

EDCO ANNOUNCES THE SEMI-FINALISTS FOR THE GROWTH AND IMPACT COMPETITIONS, ADVANCING ONE STEP CLOSER TO PRESENTING AT THE 2021 BEND VENTURE CONFERENCE

 

BEND, OR – September 17, 2021 – Economic Development for Central Oregon (EDCO) announces the semi-finalists advancing in the Growth Stage and Impact Competitions for the 17th  Annual Bend Venture Conference (BVC) on Thursday, October 21 – Friday, October 22, 2021.

The semi-finalists below have one more round of cuts to go before qualifying to present at this year’s conference. Companies in the Growth Stage have historically won investments ranging from $100,000 to $2,500,000, while the Impact winner could walk away with $100,000 or more. The Early Stage semi-finalists announced earlier this week will present at the September Central Oregon PubTalk on September 23rd at McMenamins in downtown Bend in hopes of moving on to present at BVC.

In alphabetical order, the eight Impact Competition semi-finalists are:

  1. Gamma Diagnostics (Portland, OR) – A biotech start up developing companion diagnostics for COVID-19 and other infectious and inflammatory diseases.
  2. HILOS (Portland, OR) – A digital product platform that completely replaces legacy supply chains, allowing brands to launch sustainable product on-demand without inventory or waste.
  3. LeapFrog Design (Bend, OR) – Designs, develops, and commercializes cost-effective, superior performance, residential, rainwater, greywater, and wastewater recycling systems for homebuilders and building owners.
  4. Odysseus Technology (Olympia, WA) – Inventors of a new way to synthesize carbon nanotubes (CNTs) to manifest their tremendous strength & conductivity properties, enabling an environmentally responsible world.
  5. Skip Technology (Portland, OR) – Developing and manufacturing a novel flow, low-cost battery for use in utility scale energy storage, focusing on solar, wind and waves production facilities.
  6. TENZR Health (Vancouver, BC) – Intelligent wearable sensors, gamification and healthcare expertise, providing patients with motivation, guidance and certainty in their recovery.
  7. Upcycle and Co. (San Diego, CA) – Leading the sustainable soil movement by creating a dynamic fertilizer that simultaneously replenishes soil health, creates a stable environment for growth and generates a more balanced ecosystem.
  8. UV Health Group (Hillsboro, OR) – Designs and produces the SafeAirUV System to eliminate 99.99% of airborne viruses, like COVID-19, from indoor rooms, while people are in the room.

In alphabetical order, the 12 Growth Stage semi-finalists are:

  1. BARBARI (Portland, OR) – A national cannabis brand providing low dose cannabis solutions through their THC, CBD and botanical product lines.
  2. CampsEZ (Portland, OR) – An online platform that helps families organize, consolidate and collect registration activity information for activities, camps and sports.
  3. Compright (Portland, OR) – Simple and empowering compensation planning software for mid-sized enterprises.
  4. DeepSurface (Portland, OR) – A risk-based predictive vulnerability management platform that contextualizes vulnerabilities within a business’s digital infrastructure.
  5. Everyday (Portland, OR) – An AI-based tool providing organizations first-to-market access on customers, trends and competitors by measuring brand and customer analytics across digital networks.
  6. FleetNurse (Eugene, OR) – An app-based on-demand staffing service for healthcare facility supervisors, designed to reduce short-staffing.
  7. HealthSaaS (Portland, OR) – AI patient assessment and remote patient monitoring that reduces hospital readmissions, reducing costs and increasing care provider value-based revenue.
  8. Lora DiCarlo (Bend, OR) – Sex tech products using advanced technology to mimic human touch and movements.
  9. MessageDesk (Reno, NV) – A proprietary, cloud-based business text messaging application that helps companies stay connected to their customers and get paid faster.
  10. Portl – (Eugene, OR) An innovative tech platform dedicated to empowering creators with equitable tools for monetizing content and building community.
  11. PupPod – (Hood River, OR) – A multispecies gaming platform that provides dogs with software-driven, positive reinforcement games and humans with a powerful tool to be great pet parents.
  12. The Run Experience (Bend, OR) – A daily fitness app with daily audio runs and training programs designed to build a healthy running habit.

Hosted by EDCO, this year’s BVC will once again feature three competition categories: Growth Stage, Impact and Early Stage, bringing together entrepreneurs, investors and business leaders, both virtually and in-person in Bend, Oregon.

Ticket Sales
Tickets to the 18th Annual Bend Venture Conference are on sale now and are available here.

About Bend Venture Conference (BVC)
Now in its 18th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past five years, more than $10 million has been invested in 40 companies as a result of the conference. This year’s conference will take place October 21-22, 2021, gathering entrepreneurs, investors and business leaders. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

EDCO ANNOUNCES THE BVC EARLY STAGE SEMI-FINALISTS

EDCO ANNOUNCES THE BVC EARLY STAGE SEMI-FINALISTS

Eight companies to present at the September 23rd PubTalk: Road to BVC

BEND, Ore. – September 14, 2021 – Economic Development for Central Oregon (EDCO) announced the eight finalist companies advancing in the Early Stage competition for the 18th Annual Bend Venture Conference (BVC) on Thursday, October 21 – Friday, October 22, 2021. This group of companies is one step closer to presenting at BVC.

The following Early Stage semi-finalists will pitch against each other at the September 23rd PubTalk: Road to BVC. This high-energy entrepreneurial event showcases the BVC Early Stage semi-finalists as they deliver fast-paced, three-minute pitches to a live and virtual crowd. The audience, along with an expert panel of judges, will vote to decide which companies advance to present at BVC, competing for a minimum investment of $30,000 from Portland Seed Fund.

In alphabetical order, the BVC Early Stage semi-finalists that will compete at the September 23rd PubTalk are:

  1. cannecht (Bend, OR) – A digital marketplace to help cannabis operators find and secure service contracts with trusted providers.
  2. Field Day (Portland, OR) – An online platform that makes it easy for individuals and organizations to discover and engage with local nonprofits through group volunteer events.
  3. FoxFace Systems (Camas, WA) – Providing an easy and affordable online platform for the affordable housing compliance process.
  4. KinectAir (Vancouver, WA) – Private aviation made public. Affordable, soon-to-be electric, aircraft booked from your smartphone using local community airports.
  5. LifeAir (Portland, OR) – Saving millions of lives by pioneering the first ventilator that eliminates patient-to-patient transmission of diseases, such as pneumonia and COVID.
  6. Radious (Portland, OR) – An online marketplace for rentable home office and meeting space.
  7. Shilling (Portland, OR) – A micro-investing app that bridges the gap between the time you spend on your smartphone (screen time) and investing in the stock market.
  8. Tonsil Tech (Redmond, OR) – At-home handheld device to remove tonsil stones painlessly and effectively.

PubTalk Agenda

  • 5:00 pm to 5:30 pm Networking, drinks & appetizers
  • 5:30 pm to 7:45 pm Early Stage Company Pitches, Audience Vote, Winner Announcement

PubTalk Cost and Registration

  • In-Person: $26 EDCO & OEN Members (Become a member here.); $36 Non-Members
  • Virtual: $10 EDCO & OEN Members; $15 Non-Members

In-person attendance will take into account COVID19 precautions and includes appetizers and a free beverage (choice of beer, wine, or soda).

Ticket Sales
Tickets to the September 23rd PubTalk are on sale now. Register for in-person ticket here; register for virtual tickets here.
Tickets to the 18th Annual Bend Venture Conference are on sale now and are available here.

About Bend Venture Conference (BVC)
Now in its 18th year, BVC, hosted by EDCO, is one of the largest angel conferences in the country. Over the past five years, more than $10 million has been invested in 40 companies as a result of the conference. This year’s conference will take place October 21-22, 2021, gathering entrepreneurs, investors and business leaders. bendvc.com

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. edcoinfo.com

We’re Hiring: Redmond Internship Coordinator

Photo of Mount Bachelor

We’re Hiring: Redmond Internship Coordinator

 

To apply for this position, click here.

POSITION SUMMARY:

Primary responsibilities are to coordinate work experience opportunities for young people in the greater Redmond, Oregon area, with a specific focus on efforts to catalyze employers to create internships, apprenticeships and other meaningful short-term employment.  The Internship Coordinator is responsible for the overall development, implementation, daily operation, and evaluation of the Youth CareerConnect program within the Redmond area. The Coordinator works with local business leaders to promote the program and assess employer needs for qualified internship candidates.  The Coordinator also works with schools and non-profits to lead workshops and develop opportunities for young people with regards to work experience and work readiness skills. Objectives and outcomes are set through the Memorandum of Understanding (MOU) by the Internship Advisory Committee made up of representatives from East Cascades Works (EC Works), COCC, REA, EDCO, STEM Hub, and the Redmond School District. Performance evaluations will be based upon completion of assignments and results obtained. The Coordinator reports to the Youth CareerConnect Regional Managing Director of EDCO.

 

PRIMARY DUTIES: May include, but are not limited to the following:

  • Develop business contacts and internship sites in the Redmond area, bringing new businesses on board to host youth interns. Utilizes Chamber, REDI, REA, and other client databases to create active lists of Redmond employers willing to mentor students and encourage internship opportunities at their place of employment.
  • Work with designated school and non-profit program staff to recruit and provide individual advising to students in Redmond interested in having an internship or other meaningful work opportunities.
  • Work with businesses to develop internships.
  • Match students with companies to achieve mutually beneficial outcomes.
  • Support businesses to be successful at hosting student interns, including consultation around program design, position descriptions, human resources options, and other support during the internship term.
  • Design and implement marketing strategies to identify, attract and involve students, employers and faculty (K-12, COCC, OSU-Cascades) in the internship program.
  • Assemble and maintain files for each participating student including documentation of progress and related paperwork such as: resumes, agreement forms, assignments, and employer evaluations. Maintain database of student referrals, placements and outcomes and match them up with employer needs.
  • Coordinate additional activities including: internship site visits, intern spotlights, internship fairs, and other special programming. Organize and deliver presentations related to the Program, the development of critical workplace skills and the career planning and job search process.
  • Serve as a liaison between Redmond employers, the school district, non-profit partners, COCC, and OSU-Cascades regarding administrative and operating requirements of the program.
  • Assist in identifying, developing and maintaining internship opportunities while also maintaining positive relationships with employers.
  • Collaborate with internship advisors within schools and programs to provide high-quality and academically relevant work experiences whenever possible/practicable.
  • Facilitate the resolution of concerns brought forward by employers, students and/or faculty.
  • Design, update and maintain automated database and web page. Prepare progress reports and semester reports concerning the Program.
  • Participate in professional development activities and other outreach activities promoting internships in Redmond.

 

ADDITIONAL DUTIES:

Performs other duties as requested.

 

EDUCATION:

Bachelor’s degree in a field relevant to position requirements.  A combination of relevant work experience may substitute for a Bachelor’s degree.

 

EXPERIENCE:

Experience working with business groups, internship, placement, student development, employment recruiting, or other relevant experience.

 

KNOWLEDGE, SKILLS, AND ABILITIES:

In many aspects, the core of this position is that of a matchmaker.  The ability to establish and maintain effective work relationships with business leaders, students, faculty, staff, and the public is paramount.  While the position will have several resources for feedback and evaluation, the Coordinator must have a track record and aptitude for working autonomously and with initiative.  Detail and quality are important to this role, yet without sacrificing responsiveness in a fast-paced environment.  Current knowledge of the job market and occupations, industry trends and area companies is a bonus initially but is critical for long-term success.  Public speaking to both small and large groups may be required, and general communication via phone, email, in writing, and in-person is an important aspect of this role.  The ability to organize work effectively, conceptualize and prioritize objectives and exercise independent judgment based on an understanding of organizational policies and activities is also required.  Working knowledge and experience with Microsoft Office programs, a CRM and other office equipment are necessary.

 

WORK ENVIRONMENT:

Employees are responsible for performing their duties in an environment that is free from discrimination, intimidation, coercion or harassment, including sexual harassment. Work is indoors in an office setting as well as out at businesses in Redmond. The noise level in the work environment is low to moderate. While performing the duties of this position, the employee may be required to travel. The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change.

 

IMMEDIATE SUPERVISOR:

Bend YCC Internship Director/Regional Managing Director. Guidance for program development and implementation will also be provided by an advisory board comprised of key funders of the effort and other community partners relevant to the program.

 

Economic Development for Central Oregon is an AA/EEO Employer and complies with

Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act.

 

To apply to this position, click here.

We’re Hiring: Venture Catalyst Director

Photo of Mount Bachelor

We’re Hiring: Venture Catalyst Director

 

About us

Founded in 1981, EDCO is a non-profit corporation supported by private and public members and stakeholders.  Our mission is to create a diversified local economy and a strong base of middle-income jobs in Central Oregon.  To do this, we focus on helping companies do the following:

MOVE. We attract and guide outside employers through the relocation process as a resource for regional data, incentive, talent, site selection, and more.

START. We mentor and advise scalable young companies from concept to exit on issues such as access to capital, critical expertise, and strategy.

GROW. We partner with local traded-sector companies to help them grow and expand.

 

Where you get to live!

Bend, Oregon is the mountain town that has it all!  Located in the shadows of the Cascade Mountains and surrounded by numerous lakes and rivers, Central Oregon is an outdoor enthusiast’s paradise. Check out the sights and sounds of Bend at: https://vimeo.com/200038114.

About the role

Scalable startups are a key component of a thriving economy.  The Venture Catalyst Director plays a pivotal role in helping entrepreneurship drive future job growth in Central Oregon by executing the plans and programs of EDCO’s “Start” initiative. The goal: establish the region as a Top 10 location in the country in which to start and grow a business.

 

The ideal candidate has:

  • Real-world founder experience as an entrepreneur of a scalable business with at least one successful exit.
  • Equity investing experience including evaluating startups and early-stage companies, working with investor groups, valuations, and due diligence.
  • A sincere passion for helping startups grow into successful companies.
  • Initiative and ability to take the Venture Catalyst Director role to the “next level”.
  • Thorough understanding of debt financing, including the options that are available at different stages of growth.

 

Key responsibilities

Supporting the region’s entrepreneurs such that they can succeed at a much higher rate includes:

  • Expanding a network of volunteers (Stable of Experts) with deep business/technical experience across a broad spectrum of disciplines.
  • Meeting with and connecting entrepreneurs with volunteers in the Stable of Experts.
  • Preparing startups and early-stage companies to successfully compete for debt/equity funding (pitch coaching & refinement, business plan/strategy review, etc.), including connection with needed professional expertise, technical information, and preparedness to attract equity and debt capital. Also includes active contact and follow up with business owners and managers, company visits, correspondence, information requests, research, and proposals.
  • Working with Director of Events to managing and oversee events for entrepreneurs (Central Oregon PubTalk, Bend Venture Conference, etc.) which includes, but is not limited to, identifying/securing keynote presenters and pitching companies, supporting the BVC LLC Fund Manager(s), pitch coaching, and facilitating due diligence meetings while achieving both EDCO financial objectives and early-stage company objectives (exposure, coaching, etc.).
  • Tracking both effort and results of the “Start” initiative in periodic KPI reports and via EDCO’s CRM (Executive Pulse).
  • Working actively with the Director of Marketing & Communications to promote startup successes and increase visibility of young companies.
  • Identifying and securing funding sources to help sustain and grow the “Start” initiative.
  • Maintaining and growing a network with other institutions, organizations and individuals that support startups.

 

To apply:

For confidential consideration, please submit resume to [email protected].

EDCO ANNOUNCES 2021 CENTRAL OREGON LARGEST EMPLOYERS

EDCO logo, Mount Bachelor landscape

EDCO RELEASES 2021 CENTRAL OREGON LARGEST EMPLOYERS

Data compiled by EDCO Shows Top Public & Private Regional Employers

Bend, Ore. – April 1, 2021 – Economic Development for Central Oregon (EDCO) is pleased to announce the 2021 Central Oregon Largest Employers List, complete with breakouts of the top employers in each Central Oregon community. This data, collected by EDCO annually for the past 20 years, is the most comprehensive major employer list in Central Oregon.

This year the top 50 private companies collectively employ nearly 21,000 Central Oregonians, or roughly 21.9% of the region’s 2020 annual average total non-farm employment of 95,790. St. Charles Health System tops the list again, employing over 4,600 people regionwide.

According to the Oregon Employment Department, 77% of Oregon establishments have nine or fewer employees and the average private establishment employed roughly 11 people in 2020.

“Our team is especially appreciative that our private and public employers were willing to provide this information given the events of the past 12 months,” said Roger Lee, CEO of EDCO. “The top employers list provides a perspective of the important role larger organizations play in our economy even as most jobs still come from small, often young businesses.”

When evaluating the region for investment and new or expanded operations, companies often turn to EDCO for information about the existing employment base and largest private employers from both the traded-sector (manufacturers, high technology and professional service companies) and non-traded sector (retail and commercial businesses, education, healthcare, hospitality, construction, etc.). EDCO’s regional list features private (for-profit and non-profit) employers, while those at the community level include both private and public employers.

To view the lists in their entirety, click on the links below:

2021 Central Oregon Largest Employers
2021 Central Oregon Largest Employers – Bend
2021 Central Oregon Largest Employers – Redmond
2021 Central Oregon Largest Employers – Jefferson County
2021 Central Oregon Largest Employers – Crook County
2021 Central Oregon Largest Employers – Sisters
2021 Central Oregon Largest Employers – Sunriver_La Pine

 

Data for the lists is self-reported and not audited, so are only to be used as an informational guideline. Some businesses chose not to participate in these lists and are therefore excluded.

About Economic Development for Central Oregon

EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

EDCO’S ANNUAL LUNCHEON RETURNS THURSDAY, MAY 6TH FEATURING INTERNATIONALLY ACCLAIMED AUTHOR & ECONOMIST TIM HARFORD

PubTalk

EDCO ANNUAL LUNCHEON RETURNS THURSDAY, MAY 6TH
FEATURING INTERNATIONALLY ACCLAIMED AUTHOR & ECONOMIST TIM HARFORD

BEND, OR (March 12, 2021)Economic Development for Central Oregon (EDCO) will host its Annual Luncheon on Thursday, May 6th, 2021, from 11:00 am – 1:30 pm, both in-person and virtually.

EDCO is proud to again host the Annual Luncheon at the Riverhouse on the Deschutes. New this year is the opportunity to attend the event virtually. Whether joining in-person or virtually, networking and lunch will be provided. In-person attendees will also receive one of the keynote speaker’s books. In-person tickets and tables are available and on sale here. Virtual tickets and tables can be purchased here.

Additionally, for each virtual ticket sold EDCO will donate a virtual ticket to a student in Central Oregon.

EDCO’s Annual Luncheon is a tradition providing the Central Oregon business community an opportunity to hear nationally (and now internationally) recognized leaders discussing topics important to the business community. With the challenges and changes surrounding the past twelve months, this year’s keynote will focus on how disorder can transform our lives for the better.

Tim Harford


Keynote Speaker

Tim Harford

International Bestseller | Economist | BBC Radio Host  | TED Speaker

 

When Things Get Messy:
The Productive Reactions to Destruction

Tim Harford has been described as ‘perhaps the best popular economics writer in the world’. He is a behavioral economist, BBC radio and TV presenter, and award-winning Financial Times columnist. Sometimes called ‘Britain’s Malcolm Gladwell’, Tim offers a distinctive blend of storytelling, humor and intelligence.

He has written nine books, including The Undercover Economist, which has sold nearly 2 million copies in over 30 languages. His BBC Radio 4 series, More or Less, offers a genial smackdown of dubious statistics, while his BBC World Service radio series Fifty Things That Made the Modern Economy was a critical success and iTunes topper. Tim’s most recent book, The Data Detective, was released this past February and his writings have won several prestigious awards, including the Bastiat Prize for economic journalism (2006 and 2016), Science and Data Commentator of the Year (2018) and more.

Tim is the only journalist to be an honorary fellow of the Royal Statistical Society, has given numerous invited lectures (including at Google) and three TED talks, which have alone been viewed nearly 10 million times.

“He’s a genius at telling stories that illuminate our world.” – Malcolm Gladwell

 

In-Person Tickets and Registration (book and lunch included):
$79 EDCO Members
$94 Non-Members

Tickets and tables can be purchased here.
(In-person table sponsors receive six luncheon tickets plus recognition prior to and during the event.)

Virtual Tickets and Registration (dining certificate and networking included):
$39 EDCO Members
$54 Non-Members

Tickets and tables can be purchased here.
(Virtual table sponsors receive ten luncheon tickets plus recognition prior to and during the event.)

Become an EDCO Member here.

About Economic Development for Central Oregon (EDCO)

Now in its 40th year of operations in Central Oregon, Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

TECH COMPANY COGNITO ANNOUNCES HEADQUARTERS MOVE TO SISTERS, OREGON

Illustration of Tech Company Cognito

 

TECH COMPANY COGNITO ANNOUNCES HEADQUARTERS MOVE TO SISTERS, OREGON

ACTIVELY RECRUITING THROUGHOUT THE REGION FOR NEW POSITIONS

SISTERS, ORE (March 2, 2021)Cognito, a technology company creating frictionless, modern identity verification, which started in Palo Alto in 2014, has chosen to relocate its headquarters to Sisters, Oregon (pop. 3,003). The company provides identity verification and security compliance solutions to fast-growing businesses and financial services firms.

Co-founder and CEO Alain Meier helped launch the Stanford Bitcoin Group while studying at Stanford University, where he recognized the need for more advanced anti-fraud and compliance tools for businesses. During that process he joined Y Combinator, a Silicon Valley-based seed money startup accelerator that has helped more than 2000 companies launch since 2005.

While in Y Combinator, they began supporting companies like Brex, Coinbase, Current, and Nextdoor, helping them to scale onboarding while satisfying regulatory compliance requirements. Today, Cognito has over 500 clients, representing over 100 million individuals through its platform. They continue to carve a niche in the financial services industry as a fintech leader.

The company expects to gradually grow its headcount in Sisters, however like many tech companies in the COVID era, most of its employees are working remotely. Three of the firm’s current team of eleven are in the greater Sisters area. They are also actively looking for local talent for two open positions. Economic Development for Central Oregon (EDCO) is working with the company to help facilitate its growth in the region.

Co-Founder and CEO Meier said: “We chose Sisters for our new headquarters in part due to the unpublicized, growing high-tech knowledge employment base that the community possesses. Cognito saw the need to grow in a location where we can hire incredible talent that have a variety of different interests and backgrounds.”

The small, bucolic town of Sisters has been in the news this past year with other notable young companies progressing with rapid growth, including the recent IPO of Laird Superfood, which rang into the New York Stock Exchange (NYSE) on September 23, 2020.

About Economic Development for Central Oregon (EDCO)

Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

MOVE: TJP Engineering Brings Aquatic Ecosystems to Life

TJP aquatic system

TJP Engineering works with zoos, aquariums and marine parks across the globe, designing
and engineering large-scale, custom aquatic systems. In early 2019 TJP decided that a move to southern Deschutes County would be beneficial for both their company and their employees. Early on TJP reached out to EDCO, who introduced them to tax incentive programs, assisted with identifying possible office space and provided local contacts for various business services – from banking to human resource support. Company culture and employee well-being are high priorities for TJP and the move has given their employees a better lifestyle including convenient travel through Redmond’s airport, access to more affordable housing with wider options for homeownership and a plethora of year-round recreation opportunities.

 

“When we relocated our engineering firm to Deschutes County, EDCO was incredibly helpful. They assisted us with finding our new office space and provided invaluable support as we navigated the paperwork to pursue various tax incentive programs. Since our move, they have been extremely supportive with finding new employees and connecting with various business services in the area. Central Oregon has proven to be an excellent place to base our business and we are grateful to EDCO for their continued support.” – Terri L. Johnson, President and CEO, TJP Engineering Inc.

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GROW: Velox Systems Does the Heavy IT Lifting

Velox Systems team photo

Bend, Ore., July 15, 2020 – Velox Systems provides incredible IT services and system support across Central Oregon. What can we say? We may be biased. EDCO’s worked with Velox Systems for over ten years and during that time has had incredible service, knowledgeable technicians and quick response times. They’ve been the technology backbone of many of EDCO’s behind-the-scenes systems, designing networks, completing cloud migrations, and countless other tasks. We chatted with Jordan Smith, Founder and Owner of Velox Systems, about why they choose to support economic development and their partnership with EDCO.

EDCO: Why did you choose to start your business in Central Oregon?

Jordan: Central Oregon is my home. I was born here and after college was lured back by the beautiful summers and thriving economy of 2006. Of course, when that all changed in 2008, I remained here to help be a part of the rebuilding. Companies were battered, and in the absence of a populous workforce, they needed help to regrow. I started Velox Systems in Central Oregon to be a part of that reconstruction by providing companies with the technical skill required to rebuild and succeed.

EDCO: How did you hear about EDCO and why did you choose to engage with them?

Jordan: I’ve been friends with EDCO for a long time. We’ve worked together since 2009 in both technology and community involvement. EDCO inspires and shares our passion for the local economy and the success of the business community.

EDCO: How did EDCO help you?

Jordan: EDCO provides community events focused on business growth and strategy that we needed to effectively start and grow our business into the top IT Services provider in the region. From their monthly Central Oregon PubTalk‘s to internship programs and coordination efforts with local higher education, EDCO’s helped us find team members and partners in the community that has fueled our growth as we, in turn, fuel the growth of those around us.

EDCO: What unexpected benefit did EDCO deliver to your organization?

Jordan: They’ve been a source of inspiration for hosting events. Their events are second to none, and as a company focused on community involvement, Velox Systems has modeled our own events after the work EDCO puts into theirs.

EDCO: Why do you continue to support EDCO?

Jordan: EDCO’s mission is to grow the economy of Central Oregon by attracting new businesses to the area, helping startups with new ideas get off the ground through PubTalk and the Bend Venture Conference and help companies grow by providing events and working with the local workforce community to promote talent. This is my passion for the community as well. At Velox Systems we believe an integral part of economic growth in Central Oregon is that there is adequate technology for all these things to happen. Velox Systems brings talent, technology and vision to businesses throughout Central Oregon so they can focus on what they’re passionate about knowing they have reliable infrastructure to do the job, no matter how big they get. It seemed natural for Velox Systems to participate in EDCO’s mission as a Platinum Member so we can continue to work together for the benefit of our community.

 

To learn more about Velox Systems’ IT Services and support, visit their website.

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