maroon wave

Ratcliffe Shore Hatchery Entrepreneurship Competition Submission Period Opens February 21

Ratcliffe Foundation Shore HatcherySALISBURY, MD---Applications are being accepted for the 18th round of funding through Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship program from February 21-April 4.

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 presentations to the program’s board of directors on Friday, May 6.

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 For more information visit the Ratcliffe Foundation Shore Hatchery webpage.

Learn more about how SU students and faculty are exploring opportunities for greatness and making tomorrow theirs at the SU website.