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Updated: Tuesday, 18 Oct 2011, 6:27 AM EDT
Published : Sunday, 16 Oct 2011, 11:42 PM EDT
DETROIT (WJBK) - The city of Detroit is reinventing itself and there are endless possiblities. Now, a new idea has been hatched to help Detroit entrepreneurs. One person will win $50,000 and $30,000 worth of business services. 200 ideas were submitted - 10 made the cut - but, now only 4 are left standing.
Click on the video player to watch Alexis Wiley's report and hear from local people with some big ideas.
Only one person will walk away with the seed money to make their idea a reality and it's all thanks to Hatch Detroit. They're in the midst of a new retail business contest. Click here to learn more and vote for your favorite!
Founders Ted Balkowski and Nick Gorga say they started the contest in an effort to help revitalize the city. They belive there's no better place in the world to be an entrepreneur.