TechTown Detroit's Comerica Hatch Contest Helps Entrepreneurs Launch New Businesses with $100,000 Award
Comerica Hatch Detroit Contest Returns in 2025
The Comerica Hatch Detroit Contest is back, aiming to support local entrepreneurship with a grand prize of $100,000 in startup funding. In collaboration with TechTown Detroit and Comerica Bank, this annual competition allows budding entrepreneurs to realize their dreams of establishing brick-and-mortar businesses within Detroit, Hamtramck, or Highland Park. Founded in 2011, the contest continues to nurture small business development across the region and will conclude with a live event in June 2025 where the winner will be announced.
Key Dates for Entrepreneurs
The application process opened on March 3rd and will remain available until April 4th. Interested entrepreneurs with innovative retail ideas are encouraged to apply through HatchDetroit.com. To facilitate potential applicants, information sessions are scheduled during the week of March 17. The competition also emphasizes community involvement by incorporating public voting rounds that determine the top contestants, including a showdown event known as the Hatch Off set for June 11.
Strengthening Detroit’s Business Ecosystem
Christianne Malone, TechTown Detroit's Chief Program Officer, highlights the contest's significance, affirming, “Detroit's small business community thrives on the ingenuity of its entrepreneurs.” Along with monetary support, TechTown provides essential resources aimed at promoting sustainable growth. This year, the participation of Comerica Bank has been notably amplified, with a financial commitment totaling $200,000 to enhance the program’s reach.
Meghan Storey, Comerica Bank’s Senior Vice President, shared the renewed focus on helping small businesses thrive amidst increasing operational costs. “For over 175 years, Comerica Bank has been synonymous with Detroit's entrepreneurial spirit and will continue to invest in the community's economic growth,” she stated, emphasizing the importance of their role in providing both funding and essential mentoring services.
Building a Legacy of Success
The Hatch Detroit Contest is renowned for nurturing several successful local businesses, including past winners like G.L.A.M. Body Scrubs and 27th Letter Books. The contest not only offers a chance for entrepreneurs to secure vital startup funding but also opens doors for mentorship and support services that contribute to long-term business sustainability.
Since merging Hatch Detroit into the TechTown suite of programs in 2022, the organization has supported over 6,090 companies, resulting in thousands of generated jobs and significant capital raised. Notable alumni from the contest context include businesses across multiple neighborhoods in Detroit, further diversifying and enriching the region’s fabric.
Empowering Future Entrepreneurs
This year’s contest is an exciting opportunity for prospective business owners to gain exposure, community backing, and resources needed to turn dreams into reality. Entrepreneuring courage is essential for a city like Detroit, which strives for continuous revitalization. The Comerica Hatch Detroit Contest provides a significant platform to empower innovators who wish to leave their mark on the city.
In conclusion, the return of the Comerica Hatch Detroit Contest by TechTown not only promises substantial financial assistance but aims at sustaining Detroit’s entrepreneurial ecosystem, creating lasting impacts on local commerce, and uplifting the community as a whole. Interested parties should not miss the opportunity to be part of this transformative initiative, irl or virtually, as Detroit shapes its future through entrepreneurial innovation.
For more details on application submissions and contest specifics, visit the official website at HatchDetroit.com.