Business Development

Small Business & Entrepreneurial Resources

Turning ideas into action can be difficult. The AHEDC and its partners offer resources to help start-ups and small businesses find success.

The Entrepreneur Guidebook

This useful guide from our partners at the Roanoke Small Business Development Center is like taking a crash course in launching a business. Download the Entrepreneur Guidebook for step-by-step information on forming a workable business plan to move your ideas from inspirational to operational. The ‘how to’ guide includes important explanations and notes on legal structure, business and domain registration, obtaining an employer ID number (FEIN), licensing, Commonwealth regulations and requirements, tax registration and insurance. 

Note: There is a picture of the latest issue (2019 issue) on the current ahedc website now that can be used here, as well. 

The Gauntlet

The GAUNTLET is Virginia’s Largest Business Program and Competition and offers a proven formula to develop business knowledge, pairing entrepreneurs with mentors, and open up numerous resources for new and expanding businesses. Gauntlet has served over 650 entrepreneurs, developed a mentor network of 250 professionals and awarded over $7million in resources including grants, cash and in-kind prizes.

Cynthia Forbes of Fyvie Farms is a GAUNTLET Alumni and second place winner from GAUNTLET 2021. Fyvie Farms was awarded a prize package totaling $20,540, which included $12,790 in-kind and $7,750 in cash. Fyvie Farms is a 135-acre event venue in Alleghany County, featuring weddings, meetings, parties, outdoor concerts, car shows, and craft fairs. 

The GAUNTLET program and competition invites all entrepreneurs wanting to start or expand their business in the Alleghany Highlands, Bedford County, Buchanan, Buena Vista, Botetourt County, Cloverdale, Daleville, Eagle Rock Fincastle, Glenvar, Iron Gate, Lexington, Roanoke City, Roanoke County, Rockbridge County, Troutville and The Town of Vinton to register for the 8th Annual GAUNTLET Business Program & Competition!

Virtual classes will be held every Tuesday starting February 1, 2021, from 6:00 pm – 7:30 pm. 

The GAUNTLET application is available online. To access the online application, FAQ, and schedule, please visit www.TheAdvancementFoundation.org. Please contact Iris@TheAdvancementFoundation.org for more information.

Roanoke SBDC Region Regional Small Business Development Center

The Alleghany Highlands is part of the Roanoke Regional Small Business Development Center with access to numerous events, workshops, advisors and resources.  

State Resources for New Businesses

Starting a new business is challenging, but the State of Virginia has made it much easier by creating information and links to answer questions from choosing a business structure and obtaining the appropriate tax ID to registering your company’s new name. Get started. Comprehensive resources are also available through Business One Stop, 804.786.6585.