Salisbury, MD – Applications are now being accepted for the 21st round of funding through Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship competition. Applicants have until Monday, September 25, to submit their full business plans for consideration.
Business startups throughout the Mid-Atlantic are eligible to apply for their share of $200,000 per academic year.
Participants who pass the business plan review stage will pitch their business ideas to a review board during a “Gull Cage” competition similar to the format used for the hit ABC-TV show Shark Tank. Recipients will be selected based on live presentations Friday, October 27.
The Ratcliffe Shore Hatchery program was established with the foundation’s initial $1 million contribution in 2013. The Ratcliffe Foundation announced subsequent renewals of $1.9 million to continue the Shore Hatchery through spring 2026. It is administered through SU’s Franklin P. Perdue School of Business.
For application materials visit https://webapps.salisbury.edu/perdue/. For more information visit http://shorehatchery.salisbury.edu.
Learn more about SU and opportunities to Make Tomorrow Yours at www.salisbury.edu.
