SU’s Ratcliffe Foundation Shore Hatchery Call for Applications

maroon and gold logo for Salisbury University

SALISBURY, MD—Applications are being accepted for the 14th round of funding through Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship program from February 24-April 6.

Business startups throughout the Mid-Atlantic are eligible to apply for their share of $200,000 per academic year. Selected entrepreneurs will have the chance to exhibit and present their proposals to the Shore Hatchery advisory board for consideration Thursday, May 7, at SU’s Perdue Hall.

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.

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.