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Ratcliffe Foundation Shore Hatchery

Ratcliffe Foundation Shore Hatchery Entrepreneurship Competition Application Period Opens February 20

SALISBURY, MD---Applications are accepted for the 20th round of funding through Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship program February 20-April 3.

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 5.

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 the application webpage. For more information visit the Ratcliffe Foundation Shore Hatchery webpage.

Learn more about  opportunities to Make Tomorrow Yours at the SU website.