We’ve have awarded 7 winners 50k each since 2011, but not only our winners win…
Thirty-three more Hatch Alumni businesses have opened since our launch in 2011. Zero have closed. Hatch Alumni collectively employ more than 500 people, many of which reside in Detroit. There are 12 new businesses scheduled to open in the next year.
Hatch Alumni have invested more than $6 million in their businesses. Five of our alumni have expanded or added an additional location.
We focus on supporting brick & mortar retail because means more jobs and amenities for residents. It spurs more development and investment into the communities Alumni businesses settle in.