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$100,000 Comerica Hatch Detroit Contest by TechTown Returns with Increased Support from Comerica Bank

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Comerica Bank and TechTown Detroit announce the 13th annual Comerica Hatch Detroit Contest, offering $100,000 in startup funding to entrepreneurs planning to open brick-and-mortar stores in Detroit, Hamtramck, or Highland Park. Applications open March 3-April 4, 2025.

Comerica Bank and Comerica Charitable Foundation have increased their total support to $200,000 this year, up $50,000 from previous years. Since 2012, they have invested over $1.3 million in the program.

The contest includes two rounds of public voting to select Top 10 and Top 4 entrepreneurs, culminating in the Hatch Off on June 11 where finalists present their business plans. Previous winners include G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023), and Little Liberia (2022). Hatch Detroit alumni have opened more than 50 businesses, employing over 500 people and investing more than $7 million in their businesses.

Comerica Bank e TechTown Detroit annunciano il 13° annuale Comerica Hatch Detroit Contest, che offre $100,000 in finanziamenti per startup a imprenditori che intendono aprire negozi fisici a Detroit, Hamtramck o Highland Park. Le domande saranno aperte dal 3 marzo al 4 aprile 2025.

Comerica Bank e la Comerica Charitable Foundation hanno aumentato il loro supporto totale a $200,000 quest'anno, con un incremento di $50,000 rispetto agli anni precedenti. Dal 2012, hanno investito oltre $1.3 milioni nel programma.

Il concorso include due turni di votazione pubblica per selezionare i Top 10 e i Top 4 imprenditori, culminando nel Hatch Off dell'11 giugno, dove i finalisti presenteranno i loro piani aziendali. I vincitori precedenti includono G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023) e Little Liberia (2022). Gli alumni di Hatch Detroit hanno aperto più di 50 attività, impiegando oltre 500 persone e investendo più di $7 milioni nelle loro imprese.

Comerica Bank y TechTown Detroit anuncian el 13º concurso anual Comerica Hatch Detroit Contest, que ofrece $100,000 en financiamiento para startups a emprendedores que planean abrir tiendas físicas en Detroit, Hamtramck o Highland Park. Las solicitudes estarán abiertas del 3 de marzo al 4 de abril de 2025.

Comerica Bank y la Comerica Charitable Foundation han aumentado su apoyo total a $200,000 este año, un incremento de $50,000 en comparación con años anteriores. Desde 2012, han invertido más de $1.3 millones en el programa.

El concurso incluye dos rondas de votación pública para seleccionar a los 10 mejores y los 4 mejores emprendedores, culminando en el Hatch Off el 11 de junio, donde los finalistas presentarán sus planes de negocio. Los ganadores anteriores incluyen a G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023) y Little Liberia (2022). Los alumni de Hatch Detroit han abierto más de 50 negocios, empleando a más de 500 personas e invirtiendo más de $7 millones en sus empresas.

코메리카 은행과 테크타운 디트로이트가 제13회 코메리카 해치 디트로이트 콘테스트를 발표하며, 디트로이트, 햄트랙, 하이랜드 파크에 오프라인 매장을 열 계획인 기업가에게 $100,000의 창업 자금을 제공합니다. 신청서는 2025년 3월 3일부터 4월 4일까지 열립니다.

코메리카 은행과 코메리카 자선재단은 올해 총 지원금을 $200,000로 늘렸으며, 이는 이전 해보다 $50,000 증가한 금액입니다. 2012년 이후로, 이들은 이 프로그램에 130만 달러 이상을 투자했습니다.

이번 콘테스트는 상위 10개 및 상위 4개 기업가를 선정하기 위한 두 차례의 공개 투표로 구성되며, 6월 11일 해치 오프에서 결선 진출자들이 사업 계획을 발표합니다. 이전 수상자로는 G.L.A.M. 바디 스크럽(2024), 모터 시티를 돌아다니는 바운싱(2023), 리틀 리베리아(2022)가 있습니다. 해치 디트로이트 졸업생들은 50개 이상의 사업체를 열었으며, 500명 이상의 직원을 고용하고 700만 달러 이상의 자금을 투자했습니다.

Comerica Bank et TechTown Detroit annoncent le 13ème concours annuel Comerica Hatch Detroit Contest, offrant 100 000 $ de financement pour les startups aux entrepreneurs prévoyant d'ouvrir des magasins physiques à Detroit, Hamtramck ou Highland Park. Les candidatures sont ouvertes du 3 mars au 4 avril 2025.

Comerica Bank et la Comerica Charitable Foundation ont augmenté leur soutien total à 200 000 $ cette année, soit une augmentation de 50 000 $ par rapport aux années précédentes. Depuis 2012, ils ont investi plus de 1,3 million de dollars dans le programme.

Le concours comprend deux tours de vote public pour sélectionner les 10 meilleurs et les 4 meilleurs entrepreneurs, culminant avec le Hatch Off le 11 juin où les finalistes présenteront leurs plans d'affaires. Les anciens gagnants incluent G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023) et Little Liberia (2022). Les anciens de Hatch Detroit ont ouvert plus de 50 entreprises, employant plus de 500 personnes et investissant plus de 7 millions de dollars dans leurs entreprises.

Comerica Bank und TechTown Detroit kündigen den 13. jährlichen Comerica Hatch Detroit Contest an, der $100,000 an Startup-Finanzierung für Unternehmer bietet, die planen, stationäre Geschäfte in Detroit, Hamtramck oder Highland Park zu eröffnen. Die Bewerbungen sind vom 3. März bis 4. April 2025 geöffnet.

Comerica Bank und die Comerica Charitable Foundation haben ihre Gesamtsumme in diesem Jahr auf $200,000 erhöht, was einem Anstieg von $50,000 im Vergleich zu den Vorjahren entspricht. Seit 2012 haben sie über $1,3 Millionen in das Programm investiert.

Der Wettbewerb umfasst zwei Runden öffentlicher Abstimmungen zur Auswahl der Top 10 und Top 4 Unternehmer, die am 11. Juni im Hatch Off gipfeln, wo die Finalisten ihre Geschäftspläne präsentieren. Ehemalige Gewinner sind G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023) und Little Liberia (2022). Alumni von Hatch Detroit haben mehr als 50 Unternehmen gegründet, über 500 Menschen beschäftigt und mehr als 7 Millionen Dollar in ihre Unternehmen investiert.

Positive
  • Increased financial support: $200,000 total commitment for 2025, up $50,000 from previous years
  • Strong program track record: 50+ businesses opened, 500+ jobs created, $7M+ invested by alumni
  • Significant long-term investment: $1.3M+ committed by Comerica since 2012
Negative
  • None.

Applications now open for the 13th annual entrepreneurial contest to find the next winning brick-and-mortar small business

DETROIT, March 3, 2025 /PRNewswire/ -- TechTown Detroit and Comerica Bank announce the return of the Comerica Hatch Detroit Contest by TechTown, a small business competition that awards $100,000 in startup funding as well as support services to one entrepreneur seeking to open a brick-and-mortar storefront in Detroit, Hamtramck or Highland Park. The competition, first launched in 2011, bolsters small business development in Detroit and will take place over the next four months, with the winning business crowned in June.

Applications, available on HatchDetroit.com, open Monday, March 3, at noon and will close on Friday, April 4. Entrepreneurs with a retail concept looking to establish their first brick-and-mortar location in Detroit, Hamtramck or Highland Park are eligible to apply.

"Detroit's small business community is built on the strength of its entrepreneurs, and TechTown is proud to support these business innovators through the Comerica Hatch Detroit Contest," said Christianne Malone, Assistant Vice President for Economic Development at Wayne State University and Chief Program Officer of TechTown Detroit. "We strive to inspire and cultivate Detroit's small business development through top-notch entrepreneurial resources, financial support, and valuable partnerships."

Information sessions for interested applicants will be held the week of March 17.

The small business contest includes two rounds of public voting to determine the Top 10 and Top 4 entrepreneurs, allowing the community to vote for their favorite business.

The competition culminates June 11 with the annual Hatch Off, where the Top 4 entrepreneurs present their business plans to a panel of judges and a live audience. There, the winner will receive the $100,000 grand prize that also includes a business support package from TechTown Detroit, Wayne State University's entrepreneurship hub.

Comerica Bank and Comerica Charitable Foundation Increase Support
As a proven launching pad for aspiring business owners, Comerica Bank and the Comerica Charitable Foundations are increasing their commitment to TechTown's Hatch Detroit program to amplify the impact on Detroit's small business economy.

Recognizing the cost of starting and sustaining a business has increased, and to further their commitment to ensuring the success of the Hatch Detroit program, Comerica Bank and the Comerica Charitable Foundation have increased their financial support to a combined total of $200,000 this year, a $50,000 increase from the previous three years.

"Comerica Bank was founded in Detroit more than 175 years ago, and we remain dedicated to supporting the city's entrepreneurship and the development of small businesses that make up the lifeblood of this community," said Meghan Storey, Comerica Bank Senior Vice President and Michigan Director of Small Business Banking.

In addition to its financial commitment, Comerica works alongside TechTown to provide in-kind support, such as technical services for contestants, during the contest.

Since 2019, Comerica Bank has provided the $100,000 grand prize for the Comerica Hatch Detroit Contest by TechTown winner and will do so again this year. This year, Comerica Bank will also be contributing an additional $50,000, in tandem with a $50,000 grant from the Comerica Charitable Foundation, to TechTown for organizational support of the Hatch Detroit program to assist with its ongoing incubation of small businesses.

"Working closely with small businesses, we see extraordinary entrepreneurs rich in ideas and passion who have dedicated their lives to launching and growing a business but remain in need of resources and mentorship. Year after year, TechTown and Hatch Detroit has provided a platform of extensive technical services and guidance needed to help entrepreneurs succeed, creating a strong foundation for Detroit's small business ecosystem," said Storey.

Including this year's contributions and grants, Comerica Bank and the Comerica Charitable Foundation have collectively committed over $1.3 million into Hatch Detroit since first supporting the small business program in 2012.

TechTown's Commitment to Small Businesses and Hatch Detroit
Last year, TechTown celebrated 20 years serving Detroit as a vital incubator for small businesses and entrepreneurs, dedicated to revitalizing the city through sustainable growth by supporting tech startups and small businesses.

In 2022, Hatch Detroit was integrated into TechTown's suite of entrepreneurial programs and services.

Adding Hatch Detroit to its small business platform strengthened one of the city's most popular and successful entrepreneurial programs designed to transform neighborhoods through new brick-and-mortar retail shops.

Since then, Hatch Detroit alumni have opened their brick-and-mortar locations in five different neighborhoods, including: Craig's Coffee (Midtown), JP Makes and Bakes (New Center), K Walker Initiative (Midtown), Lily's & Elise (Livernois Avenue of Fashion), Next Chapter Books (East Indian Village), Shell Shock'd Tacos (Midtown), and Sepia Coffee Project (Highland Park).

The Comerica Hatch Detroit Contest by TechTown has helped create some of Detroit's most successful and well-known businesses, including winners G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023), Little Liberia (2022), 27th Letter Books (2019), Baobab Fare (2017), Meta Physica Massage (2016), Sister Pie (2014), Batch Brewery Company (2013) and La Feria (2012).

Under TechTown's services and support, Bouncing Around the Motor City, Little Liberia and G.L.A.M. Body Scrubs are scheduled to open in 2025, along with Hatch Detroit alum Ice Cream Detroit.

In 2024, Tiffany Cartwright, founder and owner of G.L.A.M. Body Scrubs, won the Comerica Hatch Detroit Contest by TechTown . G.L.A.M. is a certified woman- and minority-owned business based in Detroit that specializes in natural, organic body scrubs. It provides jobs, training and mentorship to underserved individuals, especially women who have been victims of domestic violence and human trafficking, as well as returning citizens.

Together, Hatch Detroit alumni have opened more than 50 businesses, employ more than 500 people and have invested more than $7 million in their businesses.

KEY COMERICA HATCH DETROIT CONTEST DATES:

March 3: Applications open at noon
Week of March 17: Information sessions take place
April 4: Applications close
April 14: Top 25 contestants notified
May 15: Top 10 contestants revealed
May 16-23: Top 10 public voting takes place
May 27: Top 4 announced
June 2-11: Top 4 public voting takes place
June 11: Winner announced at Hatch Off

Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back more than 175 years to its Detroit founding in 1849. It is the largest bank employer in metro Detroit and has more than 4,300 employees (FTE) statewide. With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence. Comerica positively impacts the lives of Michigan residents by helping customers be successful, providing financial support that assists hundreds of charitable organizations, and actively participating in Detroit's downtown revitalization. Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Follow on Facebook: www.facebook.com/Comerica, X: @ComericaBank and Instagram: @comerica_bank.

TechTown Detroit, Wayne State University's entrepreneurship hub, is a nonprofit business service organization that provides programs, education and resources for early- to growth-stage small businesses and tech entrepreneurs. By building bridges for entrepreneurs to succeed, TechTown is accelerating an inclusive economy for Detroit and Southeast Michigan. Since 2007, TechTown has supported more than 6,090 companies, which created 2,277 jobs and raised more than $406 million in startup and growth capital. For more information, visit techtowndetroit.org.

Hatch Detroit supports both existing and new retail initiatives in the cities of Detroit, Hamtramck and Highland Park. Hatch Detroit was founded in 2011 to give residents and aspiring entrepreneurs an opportunity to have a voice in neighborhood retail development and joined TechTown Detroit's suite of entrepreneurial programs and services in 2022. Beyond the contest, Hatch Detroit provides funding, exposure and mentoring in support of its alumni entrepreneurs. With support from Hatch Detroit, 50 alumni have opened businesses. They employ over 500 people and have invested over $10 million in economic development. To learn more, visit hatchdetroit.com.

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SOURCE Comerica Bank

FAQ

What is the prize amount for the 2025 Comerica Hatch Detroit Contest?

The winner receives a $100,000 grand prize plus business support services from TechTown Detroit.

When are applications due for the 2025 Comerica Hatch Detroit Contest?

Applications open March 3 at noon and close on Friday, April 4, 2025.

How has Comerica Bank (CMA) increased its support for the Hatch Detroit program in 2025?

Comerica Bank and its Charitable Foundation increased total support to $200,000, a $50,000 increase from previous years.

What impact have Hatch Detroit alumni businesses had on the local economy?

Alumni have opened over 50 businesses, created more than 500 jobs, and invested over $7 million in their businesses.

How does the Comerica Hatch Detroit Contest selection process work?

The contest includes two public voting rounds to select Top 10 and Top 4 finalists, concluding with the Hatch Off presentation on June 11, 2025.

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