By the Numbers

STARTUP FUNDING

Hatch Detroit has provided over $550K in startup funding for contest winners, with additional spot grant funding given to alumni.

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RETAIL STREETSCAPES

Hatch Detroit has invested over $360K in streetscape improvements for neighborhood retail.

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IN-KIND SUPPORT

Hatch Detroit, with its partners, has provided over $1.5M in in-kind support to alumni businesses.

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MENTORSHIP

Hatch Detroit staff have spent over 10,000 hours providing technical assistance and mentoring in direct service to alumni.

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OPEN STOREFRONTS

50 Hatch alumni businesses are now open. Nine additional alumni businesses are expected to open by 2024.

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EMPLOYMENT

Hatch alumni employ over 500 people, most of whom are Detroit and Hamtramck residents.

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SERVING NEIGHBORHOODS

Hatch alumni have invested over $13M into storefront retail businesses that serve their neighborhoods.

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MORE COMING

Twelve additional alumni businesses have opened in 2020.

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FURTHER INVESTMENTS

Alumni plan to invest an additional $3M in their businesses by the end of 2023.