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SALISBURY, MD---Applications are being accepted for the 10th round of funding through ÐÇ¿Õ´«Ã½’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship program from March 5-April 9.

Business startups throughout the mid-Atlantic are eligible to apply for their share of $98,000. Selected entrepreneurs will have the chance to exhibit and present their proposals to the Shore Hatchery advisory board for consideration Thursday, May 10, at ÐÇ¿Õ´«Ã½’s Perdue Hall.

Participants will pitch their business ideas to the board during a “Gull Cage” competition similar to the format used for the hit ABC-TV show Shark Tank.

The Ratcliffe Shore Hatchery program was established with the foundation’s initial $1 million contribution in 2013 and will continue an additional five years thanks to a new $1 million gift from the foundation, announced in 2016. It is administered through ÐÇ¿Õ´«Ã½’s Franklin P. Perdue School of Business.

For application materials visit https://webapps.salisbury.edu/perdue/sh. For more information visit http://shorehatchery.salisbury.edu.