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This year's finalists include 12 Black-owned enterprises, and half are women-owned. All will walk away with a $25,000 minimum grant and could receive up to $300,000 to support their business following a virtual event Sept. 24. For the fifth year of the competition, Demo Day also includes a new youth category with five entrepreneurs between the ages of 8 and 18 competing for $10,000.

On June 30 - 115 years after its formal establishment - the NCAA suspended amateurism rules prohibiting collegiate athletes from capitalizing on their name, image and likeness (NIL). These rules were set to reform and regulate college sports, but in their suspension, college athletes in all 50 states can be compensated for their image and likeness using Athlytic.

Detroiters will soon have another place to go for top-tier facials, acne treatments, and more. Skinphorea Facial Bar & Acne Clinic will open its second location in Detroit’s Corktown neighborhood on Aug. 6.