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What’s happening:

Ten budding small businesses have made it to the next round in the annual Comerica Hatch Detroit Contest by TechTown. This contest provides local entrepreneurs with the opportunity to win $100,000 in startup funding, business support services, and more. The public voting component of the contest opened on Friday, April 12, and the four businesses with the most votes by noon on Thursday, April 18, will move on to the final round of competition this May.

How AI legalese decoder can help:

AI legalese decoder can assist small businesses participating in contests like the Comerica Hatch Detroit Contest by providing accurate and efficient translations of legal documents and requirements. This tool can help entrepreneurs ensure they understand all the rules and regulations associated with the competition, giving them a competitive edge.

What it is:

Each year, the Hatch Detroit contest awards a $100,000 grand prize to a winning small business that is looking to open their first brick-and-mortar location in Detroit, Hamtramck, or Highland Park. The contest is a partnership between Comerica Bank and TechTown Detroit, which is Wayne State University’s non-profit entrepreneurship hub. The competition was first launched in 2011.

Top ten:

The ten businesses that have made it to the next round of the competition are Amarra Beauty Products/G.L.A.M. Body Scrubs, Estella’s Vegan Dessert Boutique, Harry Rich Clothier, Khana, Nada Dry Bar, Natural Living by Design II, Pique Earth, Roller Skate Detroit, The Gentleman’s Oasis, and Unity Community Barbershop.

The public can vote for their favorite businesses in the Hatch Detroit contest, and detailed descriptions of each business are available online.

Why it’s important:

According to Christianne Malone, assistant vice president for economic development at Wayne State University and chief program officer of TechTown Detroit, community support is crucial for the success of budding entrepreneurs. The Detroit small business landscape benefits from the community’s shared vision for vibrant neighborhoods and dedication to seeing local businesses thrive. Initiatives like the Comerica Hatch Detroit Contest by TechTown demonstrate the power of public engagement in shaping the city’s small business ecosystem.

Bona fides:

Over the past decade, notable small businesses have emerged from the Hatch Detroit contest, including Sister Pie in 2014, Baobab Fare in 2017, and 27th Letter Books in 2019. Last year’s winner, Bouncing Around the Motor City: Party & Event Rentals, is planning a grand opening party for their storefront in Detroit’s Bethune community on Friday, June 7, located at 13238 Fenkell Ave.

Do you have a development news story to share? Email MJ Galbraith here or send him a tweet @mikegalbraith.

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