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Have an emerging business you need to bankroll? Hatch Detroit kicks off May 1

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Do you have a business that should be part of the changing face of Detroit, and needs $50,000 to help bankroll it?  Well, thanks to the 5th annual Comerica Hatch Detroit Contest, Detroit’s entrepreneurs can win that aid and join Motown’s renaissance.

11193318_977017242318188_2387824223495347376_nApplication submissions start May 1.  Along with the application, those seeking the prize also need to provide a retail concept and a business plan.

The winner gets $50,000 provided by Comerica Bank as well as legal, marketing and advertising, accounting, public relations, and IT support help for his or her fledgling company.

Sister Pie, a shop specializing in pies made with seasonal and locally sourced ingredients was last year’s winner.  It opened the doors at its new location at 8066 Kercheval St. in Detroit’s West Village on April 24, only eight months after winning the Hatch award.

Sister Pie grand opening

Sister Pie grand opening

Starting this new chapter, the shop offers breakfast pastries, shortbreads, cookies, and, as its name implies, more than its fair share of pies. You can pick from salted maple, rhubarb walnut crumble, coconut chocolate and honey lemon meringue.

Since its inception in 2011, Hatch Detroit has helped launch several successful businesses. The first-year winner Hugh, a home furnishing shop for the stylish bachelor, opened its doors in 2012. Notable alumni include 2012 winner La Feria, 2013 winner Batch Brewing Company, 2011 finalist Detroit Institute of Bagels, 2012 finalists Detroit Vegan Soul and Rock City Eatery 2013 semi-finalist Busted in Detroit, and 2014 semi-finalist Bumbo’s, recently opened in Hamtramck.

Those who want to follow in the footsteps these winners can find out all the guide lines and rules, as well as submit the application can click here. The deadline is July 24.

 

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