DETROIT, March 21, 2019 /PRNewswire/ — Beginning today, entrepreneurs can submit an application to compete for one of seven awards totaling $1.2 million of funding at the 3rd annual quicken loans.

More than 500 Detroit business owners who applied to pitch at Quicken Loans Detroit Demo Day has been narrowed down to 15 finalists, who will take the stage at the Music Hall for Performing Arts on June 22. Seven winning companies will receive a total of $1.2 million in funding from Quicken Loans.

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Quicken Loans Detroit Demo Day will return for a second round in June with a new funding model that aims to make it a more level playing field for entrepreneurs to compete for $1 million in awards.

That’s why we’re focused on helping entrepreneurs in Detroit start, grow, and scale their business ideas through events like Quicken Loans Detroit Demo Day – an annual, summer competition that infuses $1M into existing Detroit businesses from any industry.

DETROIT, March 21, 2019 – Beginning today, entrepreneurs can submit an application to compete for one of seven awards totaling $1.2 million of funding at the 3rd Annual Quicken Loans Detroit Demo Day.

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15 Entrepreneurs Set to Compete for a Share of $1.2 Million in Funding at 3rd Annual Quicken Loans Detroit Demo Day | Quicken Loans Pressroom Top seven pitches will receive funding ranging from $50,000 – $300,000 to grow their businesses.

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The Quicken Loans Detroit Demo Day audience will again take an active role in the competition, voting on an additional $25,000 grant to be awarded to one people’s choice winner in each category.