About 50 local entrepreneurs compete for prize money to finance their business idea

About 50 local entrepreneurs compete for prize money to finance their business idea

More than 100 entrepreneurs began the 10-week program this year. Shannon Dominguez with the Advancement Foundation, the nonprofit behind the Gauntlet, said 49 entrepreneurs are competing. The majority of those were submitted from entrepreneurs in Roanoke City. There are 16 from Roanoke City, 10 from Roanoke County and multiple entrepreneurs from Botetourt, Bedford, Lexington and Allegheny Highlands. Tens of thousands of dollars of cash and in-kind prizes are on the line to help fund their idea. Finalists will earn the highest awards. Every entrepreneur that completed the program will earn something to help them start their business.

Ad Winners will be announced in May. 10 News is a proud media sponsor of the Gauntlet.

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This is the first year the program has been offered in the Bedford area. Advancement Foundation President Annette Patterson says they have plans to continue to expand across the region, particularly in the New River Valley next year. Business ideas being pitched this year range from a variety of industries like retail, agriculture and restaurants, and are being submitted by a variety of participants — one that’s only 7-years-old, the youngest in Gauntlet history. Many businesses, like Woven Artisan Gallery, also feature community give-back themes and focus on corporate responsibility.

Source www.wsls.com

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