Local Business and Economic Development
The first place winner at last night’s 2023 GAUNTLET program were Mandi and Travis Hundley, owners of The Wellness Bar: Uptown in Martinsville, described as a IV hydration and vitamin lounge, designed to improve the health and wellness of the community, by focusing on individuals and their unique wellness goals. Overall more than $300,000 in cash and in-kind services were handed out to dozens of small businesses by the Advancement Foundation.
Press release:
Vinton, VA – On Thursday, May 25th, The GAUNTLET Business Program & Competition™ held the 9th Annual GAUNTLET Graduation & Awards Ceremony. The GAUNTLET class of 2023 attracted entrepreneurs from communities across the Roanoke Valley, Shenandoah Valley, New River Valley, Southside, and Southwest Virginia. After 10 weeks of classes, 45 businesses moved on to compete for their piece of over $300,000 in cash, grants, and in-kind prizes/services.
The GAUNTLET Business Program and Competition™ is powered by the Advancement Foundation, a nonprofit founded in 2007. The GAUNTLET program serves as a catalyst to attract our region’s most talented entrepreneurs. The support and commitment of partnering agencies, economic developers, sponsors, donors, grantors, GAUNTLET alumni, mentors, and regional innovators make the program possible. Based on a combination of their business plan and pitch competition scores and specific needs identified, the 2023 GAUNTLET competitors received over $300,000.00 in cash and in-kind awards which were generously provided by numerous local sponsors, like the GAUNTLET program’s Lead Sponsor, State Farm, and many other regional sponsors and partners.
A long-standing charity golf tournament will have a new addition this year. WFIR’s Emma Thomas has details:
Donnie D’s (now in Daleville) has been eagerly awaiting to spill the bagels! 
Anyways, we are so excited and proud to announce Donnie D’s #2 will be ready to go Fall 2023! I know, when I say it, it doesn’t even seem real! Our little bagel shop started 5 years ago in Botetourt County and has now blossomed into a food trailer, and another store! We are also excited to serve you through our DRIVE THRU and SO much more space for family and friends to come in and sit down! I’m sure everyone is wondering where the location is. . . . DRUM ROLL, PLEASE! We love all of our customers and are so excited for our next journey! ROANOKE HERE WE COME!
Altec Industries, a global industrial machinery manufacturer, will invest $1.4 million to expand the production of Altec’s construction equipment product line in Botetourt County. Virginia successfully competed with other states for the project, creating 150 new jobs and additional investment in the existing facility.
The company established its Botetourt County facility in 2001 at the Botetourt Center at Greenfield. Altec, Inc. is a privately held company that produces aerial devices, digger derricks, and boom truck cranes, as well as many other truck body tools used by a broad spectrum of industrial customers. Altec provides products and services in more than 100 countries throughout the world.
“In its third decade of operations in Botetourt County, Altec is a true corporate and community partner committed to providing fantastic manufacturing jobs in our region,” said Dr. Mac Scothorn, chairman of the Botetourt County Board of Supervisors. The Virginia Economic Development Partnership worked with Botetourt County and the Roanoke Regional Partnership to secure the project for Virginia and will support Altec’s job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities.
Photos courtesy the Advancement Foundation
About half of the 100-plus startups that entered The Gauntlet business mentoring program this year made it through to the competition phase. On Thursday they’ll all get a share of $300,000 in cash and in-kind services, as WFIR’s Gene Marrano reports:
Vinton Bus stop. Ian Price photos
For a second time Valley Metro, The Town of Vinton and the Vinton Breakfast Lions Club have come together to build a modern looking, covered bus stop in the town; the newest is at Lakeside Plaza Shopping Store where Kroger is located. Peters said supply chain issues and then a partial rebuild after the new Lakeside bus stop was hit by a vehicle delayed today’s official launch. The local Lions Club raised around $30,000 for the joint project. Another covered bus stop at Precision Fabrics on West Virginia Avenue was completed last year. Town Manager Pete Peters at a ribbon cutting this morning:
From the Vinton Community Garden Facebook page
A up-and-coming community garden aims to breathe new life into a plot of land left untouched. WFIR’s Emma Thomas has details:
Vinton’s Thrasher Park will play host to a free event designed to help people recharge for Mental Health Awareness month. WFIR’s Emma Thomas has more on the Latinas Dream Big event:
Mike Stewart, Airport Executive Director
A runway extension to accommodate larger passengers planes, terminal improvements that might include additional gates. Just several of the upgrades that might be on the wish list at Roanoke-Blacksburg Regional Airport. There’s a public workshop tomorrow. More from WFIR’s Gene Marrano: