SALISBURY, MD – Applications are being accepted for the 16th round of funding through Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship program from February 15-March 29.
Business startups throughout the Mid-Atlantic are eligible to apply for their share of $200,000 per academic year.
Participants will pitch their business ideas to the 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 their Zoom presentations to the program’s board of directors on Friday, April 30.
The Ratcliffe Shore Hatchery program was established with the foundation’s initial $1 million contribution in 2013. In 2017, the Ratcliffe Foundation announced a second $1 million gift to continue the Shore Hatchery through spring 2023. It is administered through SU’s Franklin P. Perdue School of Business.
For application materials visit https://webapps.salisbury.edu/perdue/sh. For more information visit http://shorehatchery.salisbury.edu.
