By the Numbers
Hatch Detroit has provided over $550K in startup funding for contest winners, with additional spot grant funding given to alumni.
Hatch Detroit has invested over $360K in streetscape improvements for neighborhood retail.
Hatch Detroit, with its partners, has provided over $1.5M in in-kind support to alumni businesses.
Hatch Detroit staff have spent over 10,000 hours providing technical assistance and mentoring in direct service to alumni.
50 Hatch alumni businesses are now open. Nine additional alumni businesses are expected to open by 2024.
Hatch alumni employ over 500 people, most of whom are Detroit and Hamtramck residents.
Hatch alumni have invested over $13M into storefront retail businesses that serve their neighborhoods.
Twelve additional alumni businesses have opened in 2020.
Alumni plan to invest an additional $3M in their businesses by the end of 2023.