DETROIT (AP) — Startup companies can compete for $1 million in interest-free loans as part of the Quicken Loans Detroit Demo Day.
Businesses have through April 14 to apply online.
The Detroit-based mortgage lender says 100 companies will advance to the second round of the competition. Those companies and their business plans will be judged by a group of city business leaders.
Twenty finalists—in the city or willing to move to Detroit—will be invited to make presentations or give demonstrations May 25 before a panel of nationally recognized business leaders at the Gem Theatre downtown. The top eight will receive $50,000 to $200,000.
Quicken Loans Chair Dan Gilbert says “the most creative, innovative, energy-filled growing small businesses in the city” are being sought for the competition.
————————
Online: https://detroitdemoday.com/.
- Posted April 06, 2017
- Tweet This | Share on Facebook
Detroit startups to compete for $1 million in loans
headlines Oakland County
- Whitmer signs gun violence prevention legislation
- Department of Attorney General conducts statewide warrant sweep, arrests 9
- Adoptive families across Michigan recognized during Adoption Day and Month
- Reproductive Health Act signed into law
- Case study: Documentary highlights history of courts in the Eastern District
headlines National
- This LA lawyer levels up legal protections in the video game industry
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- Legal champions to receive Spirit of Excellence Award at 2026 ABA Midyear Meeting
- Fake Sullivan & Cromwell entities used by scammers should be dissolved, suit says
- Hackers gained access to ‘small number’ of attorney emails at Williams & Connolly, firm confirms
- Before joining Anderson Kill, judge was accused of rude behavior on bench, retaliatory threats in ethics case
