Have a good business enterprise strategy? Indicator up for the Gauntlet organization levels of competition


VINTON, Va. – This yr is critical for modest businesses on the lookout to rebound from 2020′s rollercoaster economic climate. 10 News is doing the job for you to assistance rebuild our neighborhood economic system by sponsoring Virginia’s greatest business enterprise competitiveness, the Gauntlet. Began by the Improvement Foundation in Vinton, the Gauntlet aids business people start out or expand their enterprises. The Gauntlet released 70 corporations final May, amid the pandemic.

If you have an idea for a company, or now have one particular that you’re looking to extend, Annette Patterson, president of The Progression Basis, reported this is the ideal option.

“The neighborhood aspect of the Gauntlet, which is fantastic in any offered calendar year, is even more strong now for the reason that we have to have every single other. We have to have to aid just about every other and support each other advance. That element is likely to be transformational for individuals for people who have concepts or ideas about setting up a business enterprise,” Patterson mentioned.


There is however time to sign up for the method. Digital courses get started on February 9. The Gauntlet delivers a 10-7 days software that assists entrepreneurs produce a company system. Finalists in the software will be determined based mostly on all those business enterprise plans and will pitch their strategy in entrance of a panel of judges.

The Gauntlet has engaged 250 local community mentors and elevated cash and in-form awards totaling a lot more than $1.2 million due to the fact its inception 7 several years back. Top rated winners can receive up to $30,000 in dollars and in-sort assist.

The Gauntlet incorporates members from Roanoke County, Roanoke Metropolis, Botetourt County, the Alleghany Highlands and Rockbridge County. New this calendar year, the plan and competitiveness will extend to include Bedford County, City of Bedford, Significant Island, Chamblissburg, Coleman Falls, Forest, Goode, Goodview, Hardy, Huddleston, Moneta, Montvale, New London and Thaxton.

Apps are now open up for the 7th Annual GAUNTLET Business Application and Competitiveness on the web. For a lot more data, fascinated business people, mentors, sponsors, and neighborhood leaders can go to in this article.

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