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Submissions Open for Fall Ratcliffe Foundation Shore Hatchery Entrepreneurship Competition

Ratcliffe Foundation Shore HatcherySALISBURY, MD---Applications are accepted for the 19th round of funding through Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship program through Monday, September 26.

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, October 28.

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