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Small Businesses in Detroit Competing for a $50,000 Small Business Grant

hatch_detroit_annual_small_business_grant_contest
Detroit's annual small business contest, Hatch Detroit, has narrowed down the competition to 10 semifinalists. The prize is a $50,000 small business grant and $200,000 in free startup services.

Out of 160 applicants, the fate of 10 semifinalists is now in the hands of voters who will decide which companies will advance to the finals. Among the semifinalists are 5 restaurants and bars, a men's clothing store, a jewelry company, two organic beauty product companies, and a hairstyling service.

Four finalists will be selected on August 18. The public then gets to vote again, and the finalists will then present their pitches to a panel of local judges who will then select the winner. One outstanding entrepreneur will win a $50,000 grant to open their brick and mortar retail business in Detroit, Highland Park, or Hamtramck.

If you missed the opportunity to apply this year, watch the contest web site for notification on the next Hatch Detroit Small Business Contest. The contest usually opens on May 1 each year.

To learn more about the grant contest and how to apply, visit hatchdetroit.com/about-the-contest/

Read more at detroit.eater.com/2017/8/11/16130828/hatch-detroit-coop-bar-bontanica-baobab-fare-rosedale-beer-bistro-bendicion-de-dios



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