Have a good organization thought? Indication up for the Gauntlet organization competition

VINTON, Va. – This yr is critical for small companies searching to rebound from 2020′s rollercoaster economic system. 10 News is performing for you to aid rebuild our neighborhood economy by sponsoring Virginia’s major small business levels of competition, the Gauntlet. Commenced by the Development Basis in Vinton, the Gauntlet assists business people commence or expand their enterprises. The Gauntlet launched 70 enterprises final May perhaps, amid the pandemic.

If you have an notion for a business, or currently have just one that you’re on the lookout to broaden, Annette Patterson, president of The Development Foundation, mentioned this is the excellent prospect.

“The local community element of the Gauntlet, which is superb in any offered 12 months, is even far more powerful now simply because we want each and every other. We need to have to aid every other and support each other advance. That component is likely to be transformational for men and women for men and women who have thoughts or feelings about setting up a business enterprise,” Patterson mentioned.


There is nevertheless time to signal up for the method. Virtual lessons begin on February 9. The Gauntlet gives a 10-7 days method that helps entrepreneurs develop a company plan. Finalists in the system will be resolved dependent on people business programs and will pitch their notion in front of a panel of judges.

The Gauntlet has engaged 250 community mentors and raised funds and in-variety awards totaling much more than $1.2 million given that its inception 7 decades ago. Major winners can obtain up to $30,000 in funds and in-type assistance.

The Gauntlet incorporates participants from Roanoke County, Roanoke Town, Botetourt County, the Alleghany Highlands and Rockbridge County. New this yr, the system and competitors will develop to include Bedford County, City of Bedford, Big Island, Chamblissburg, Coleman Falls, Forest, Goode, Goodview, Hardy, Huddleston, Moneta, Montvale, New London and Thaxton.

Purposes are now open up for the 7th Annual GAUNTLET Enterprise Program and Opposition on the web. For a lot more info, interested business owners, mentors, sponsors, and neighborhood leaders can go to here.

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