Two women-owned startups claimed the best prize in the initial tie recorded by the annual Gauntlet Company Program and Opposition.
Rudy’s Female Media, a film and multimedia operation out of Uptown Martinsville, and Roanoke-based mostly Electric Iris 3D, which makes use of 3D printing to make improvements for modern-day homesteads, both equally took dwelling prize offers valued at about $29,800 in grant awards and in-kind products and services.
The success came at the conclusion of a 10-7 days method throughout which 66 entrepreneurial companies underwent training and mentoring when competing for a piece of a prize pool that totaled in excess of $400,000. Prizes provided grants, cash and in-type help these kinds of as facility use, authorized consultation, marketing and advertising support and ongoing tiny small business advancement steering.
This is the eighth 12 months that the Gauntlet, an initiative of The Advancement Foundation in Vinton, introduced alongside one another business people from across a huge area that involved the Roanoke Valley, Shenandoah Valley and Southside.
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The Gauntlet is the major enterprise enhancement method and competitors in Virginia, organizers said. Its mission is to inspire innovation and aid foster a strong entrepreneurial ecosystem.
Rudy’s Woman Media is operate by CEO Natalie Hodge. Electric Iris 3D was designed by Natalie Ashton.
Other top finishers in the 2022 Gauntlet had been Renewal Brewing, Young children First Pediatrics of Virginia, Laptop, Kenkashi Microbes, Fables and Feathers Winery, BOCS Make Off-web-site Container Buildings, Space Rabbit Espresso Co., CyberCade, Caffe Museo, EarthMagic Recycling LLC, Bite Me Confections, Backspace Coffee, The BeeVe Soda and Souvenirs, Made in Martinsville, Customiz3layout LLC, Textbooks and Crannies, Scenic Ridge Farms and Oya Development.
The awards were offered May well 25 in a ceremony held at the Vinton War Memorial. This year’s course of contributors is forecast to, collectively, generate 263 new complete-time careers about the next 24 months and make $3.3 million in revenue about the subsequent 18 months.