Philip E. & Carole R. Ratcliffe Foundation Shore Hatchery
The Shore Hatchery Competition is an bi-annual event to reward individuals for their entrepreneurial efforts in the creation and growth of businesses with the potential of positively impacting regional employment. Read more below.
Shore Hatchery 2019
Shore Hatchery 2019 concluded on Friday May 3rd, 2019. Thank you to all envolved for making Shore Hatchery 2019 a huge success. Check back soon for Shore Hatchery 2020 details.
Spring 2019 Ratcliffe Shore Hatchery Competition
Dawn Musil and Nick Zajciw, founders of HiveLend, a pollination platform to connect farmers and beekeepers, were the top winners of the 12th round of Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship competition, taking home $35,000.
HiveLend, based in Baltimore, allows faster communication between beekeepers and farmers and promotes conscious sustainable agriculture. This innovative AgTech company improves crop yields and brings pollination to the forefront of sustainable economic development.
The spring 2019 Ratcliffe Foundation Shore Hatchery competition drew 15 entrants throughout the Mid-Atlantic and awarded $105,000 in prize money to six businesses. Other winners included:
- MADTECH, LLC – Thomas Marnane with Monica Beeman, Zachary Marnane, Emma Mullineaux, Eric Peterson and Charlie Taylor, Sr.: an agriculture and environmental drone service that assists farmers in more efficient, profitable and sustainable crop seasons, based in Huntingtown, MD – $30,000
- DiPole Materials – James Dolgin: an electrospinning company that specializes in nanofiber manufacturing, from Baltimore – $15,000
- Asterisk (Forte) – Nat Ware: a training platform providing free financial education and vocational training to disadvantaged individuals in the Mid-Atlantic, from Washington, D.C. – $10,000
- Blue Sources – PJ Bellomo with David Barr and Terry Collins: a water treatment technology that uses live fish to detect toxic levels in water sources, from Frederick, MD – $10,000
- Atlantic Vermiculture, LLC – Lawton Myrick: a worm grower that produces high-quality earthworm castings for fertilizer and bait for the fishing industry, from Salisbury, MD – $5,000
In addition to funding, winners and participants also receive mentoring support from the program’s board. Mentors include business leaders such as Mike Cottingham of Rommel Chesapeake, Inc.; Kathy Kiernan and Patricia Royak, members of SU’s Perdue School of Business Executive Advisory Council; David Landsberger, entrepreneur; Jennifer Layton of Layton’s Chance Vineyard and Winery; and Jean Sewell of CareFirst BlueCross BlueShield.