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Have a great business idea? Sign up for the Gauntlet business competition


Have a great business idea? Sign up for the Gauntlet business competition
Winners receive cash and in-kind prizes to launch or expand their business
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VINTON, Va. – This year is crucial for small businesses looking to rebound from 2020′s rollercoaster economy. 10 News is working for you to help rebuild our local economy by sponsoring Virginia’s largest business competition, the Gauntlet. Started by the Advancement Foundation in Vinton, the Gauntlet helps entrepreneurs start or expand their businesses. The Gauntlet launched 70 businesses last May, amid the pandemic.
If you have an idea for a business, or already have one that you’re looking to expand, Annette Patterson, president of The Advancement Foundation, said this is the perfect opportunity. ....

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State Farm donates $35K to help local businesses through the Gauntlet competition


State Farm donates $35K to help local businesses through the Gauntlet competition
2021 Gauntlet business competition begins Feb. 9
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Courtesy The Advancement Foundation. (The Advancement Foundation)
Supporting local entrepreneurs and small businesses in Southwest Virginia, State Farm has awarded The Advancement Foundation in Vinton a $35,000 grant to help sustain and scale the Commonwealth’s largest business program and competition.
The Gauntlet, now in its 7th season, is inspiring business development, growth and innovation. During a time when it is needed most, State Farm and The Advancement Foundation say their organizations aim to increase business development to rebuild the local economy. The Gauntlet helps small business startups and current businesses develop new strategies for growth. ....

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The Gauntlet expands locations to help more entrepreneurs during the coronavirus pandemic


The Gauntlet expands locations to help more entrepreneurs during the coronavirus pandemic
To help rebuild economies from the pandemic, the business competition is expanding
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Fourteen more locations, mainly in Bedford County, are on The Gauntlet’s list to help.
The business competition wants to use its resources to rebuild economies again, especially after taking a hit during the pandemic.
“It really helps provide a sense of security which is more important than ever,” the Advancement Foundation President Annette Patterson said.
Some security that Robb Burden, owner of Southern Hills Homebrew Supply, found when he won thousands of dollars a couple of years ago and a lifetime of knowledge from mentors. ....

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