

Rock Holdings Buys Canadian Mortgage Tech Startup Lendeskĭetroit To Host Forbes Under 30 Summit Through 2021: 'A Place For Innovation'

The handcrafted jam and sweets company wants to quadruple its workforce and open a commercial kitchen in Eastern Market.Īfter the awards were finished, the crowd was treated to a surprise musical performance from eight-time Grammy Winner T.I. The last winner, Gus & Grey, won $50,000. With the $75,000, the business plans to buy more equipment and increase its Detroit staff to fulfill a contract to get into 800 stores by the end of 2019. The second winner was Hone圜ure, a burn-relief product for animals, specifically dogs. The storybook company creates dolls for girls with curly hair, because, as founder Yelitsa Jean-Charles said, “you have to do so much more than paint a doll brown.” The company also took home the People’s Choice award of $25,000 for a total of $125,000, which Healthy Roots plans to use to expand their line of dolls to include different hair textures and skin colors.Ĭura Cannabis Solutions' White said after the presentations that the judges were looking for "who has a competitive advantage" and said the investment should go to a business with an edge in their market. In the Start category, Healthy Roots took home the top prize of $100,000. The brewery is planning a “cans to go” service and an expanded walk-in fridge. The third winner, Eastern Market Brewing Co., received $150,000. They plan to increase staff and shore up distribution with the funds. The restaurant plans to expand to a new state-of-the-art kitchen, increase production capacity, open a new location and add at least 15 employees with the funds.ĭetroit Dough, a safe ready-to-eat cookie dough in a cup, took home the second prize of $200,000 as well as the People’s Choice for the Grow category. Louisiana Creole Gumbo, a family-run Cajun restaurant, took home the top prize of $250,000. The People’s Choice for this category went to Functional Fluidics, which created a predictive test for blood diseases. Ellis-Brown said the prize money would help fund growth and expansion into all Walmart Inc (NYSE: WMT)-owned Sam’s Club stores and to increase staff and warehousing. Ellis Island Tea, a homegrown hibiscus tea business founded by Nailah Ellis-Brown, took home the grand prize investment of $300,000.
