Do you dream of opening brick and mortar business in Detroit? Then check out Hatch Detroit. The organization is giving away $50,000 in cash for the next great Detroit retail idea. The online contest is accepting submissions through September, 1, 2011. The neatest part? The public gets to help vote for the winner.

The soon-to-be non-profit (the site says their app for status is pending) is also seeking support to help raise the capital needed to keep the project going.

You can learn more about the project, submit your idea or make a donation at Hatch Detroit.