Philip E. and Carole R. Ratcliffe Shore Hatchery Entrepreneurship Competition
Thursday, April 20, 2017
The Baltimore-based fitness app FitMango made a splash on the Eastern Shore, taking home $25,000 in the eighth round of Salisbury University’s Philip E. and Carole R. Ratcliffe Shore Hatchery entrepreneurship competition. Administered through SU’s Franklin P. Perdue School of Business, the program’s goal is to fund entrepreneurs in the mid-Atlantic and have new businesses opening within six months, with the potential of employing five or more within a year.
FitMango helps connect individuals with personal trainers and also provides services for gyms employing trainers. In all, the Ratcliffe Shore Hatchery board of directors awarded some $95,000 to seven companies during this round. Other recipients included tea wholesaler Zest Tea; motorcycle helmet safety display creator Neuro Helmet Systems; smart phone grip and kickstand manufacturer Loophole; makeup studio Accessmatized, LLC; sewing workshop Compassionately Creative; and Dhremo Therapy positive reinforcement medical decal creator Mind the Current, LLC. In addition to cash, they also will receive mentorship from area business leaders.
This semester’s 17 Ratcliffe Shore Hatchery competitors also had the opportunity to record video pitches aboard the STRT1UP Road Show bus, which parked outside Perdue Hall during the event. The videos will be uploaded the organization’s YouTube site, where the public may view them and vote on their favorites. Winners receive mentorship and automatic bids into selected venture competitions as part of the Startup Maryland regional initiative. For more information visit www.startupmd.org/pitchmd.
- Top -