Salisbury, MD —Applications are now being accepted for the 24th round of funding through Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship competition. Applicants have until Monday, March 10, to submit their full business plans for consideration.
Mid-Atlantic businesses within five years of launching 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 competition similar to the format used for the hit ABC-TV show Shark Tank. Recipients will be selected based on live presentations Friday, April 25.
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 more information visit http://shorehatchery.salisbury.edu.
Learn more about SU and opportunities to Make Tomorrow Yours at www.salisbury.edu.
