Hatch Detroit announced today it will partner with Comerica Bank for the
Comerica Hatch Detroit Contest, the nonprofit's second annual retail business competition. The bank
will be the presenting sponsor of the contest, providing the full prize amount of $50,000 for the winning
business idea and a significant amount of inkind support to further Hatch Detroit's efforts to help
entrepreneurs in Detroit.
"We founded Hatch Detroit on the premise that vibrant and diverse retail is the lifeblood of a thriving
urban community," said Nick Gorga, co-founder of Hatch Detroit. "With Comerica's sponsorship, we are
thrilled to bring together the energy and passion of the city's grassroots organizations with the breadth
and strength of one of the city's venerable companies to help support, promote and fund the amazing
ideas percolating in our city."
Hatch Detroit launched in 2011 with overwhelming success. The inaugural contest garnered hundreds of
Detroit retail business ideas and ignited tremendous community support for the 10 semifinalists,
culminating in thousands of public votes cast for the winning idea. Last year's winner Hugh, a home
furnishings shop featuring classic bachelor pad style, received $50,000, in addition to a suite of donated
services from individuals and companies to help the shop "hatch" and thrive. Hugh will open for
business in fall 2012.
This year, the Comerica Hatch Detroit Contest is set to be bigger and better than last year with even
more of a local impact. More than simply a competition with one winner, the effort will delve into the
community to provide resources to small business owners and serve to inspire entrepreneurship in the
region.
"Comerica is committed to the City of Detroit and to supporting the small businesses that are a driving
force in MichiganAs economy," said Thomas D. Ogden, pressident, Comerica Bank Michigan. "As a bank
that has a stake in the future of our region, we are proud to make this investment in Hatch Detroit, and
in the city and communities we serve." Hatch Detroit expects to begin accepting applications for the Comerica Hatch Detroit Contest on June 1, 2012. Further details will be announced at a later date.
Visit http://www.hatchdetroit.com for more information.
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