Arch Grants
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Arch Grants is a Missouri non-profit corporation whose mission is to advance economic development through
entrepreneurship Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneu ...
.


History

Founded in 2011, Arch Grants started as an initiative to bolster the St. Louis economy by supporting startups with potential for high growth. As of January, 2024, Arch Grants has funded 252 companies that have generated $742.5 million in revenue, attracted $696.3 million in additional capital, and created over 3,500 net new jobs for St. Louis. In addition, 60% of the companies awarded are still headquartered in St. Louis. Arch Grants have been noted in media including
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Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in Septembe ...
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Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
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The Huffington Post ''HuffPost'' (''The Huffington Post'' until 2017, itself often abbreviated as ''HPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers p ...
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TechCrunch TechCrunch is an American global online newspaper focusing on topics regarding high tech, high-tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. I ...
, and
NPR National Public Radio (NPR) is an American public broadcasting organization headquartered in Washington, D.C., with its NPR West headquarters in Culver City, California. It serves as a national Radio syndication, syndicator to a network of more ...
as well as several local media channels including the Saint Louis Business Journal and Saint Louis Magazine.


See also

* Kranzberg Arts Foundation


References


External links

* {{Official website, https://archgrants.org Entrepreneurship organizations Non-profit corporations Midtown St. Louis Community building Companies based in St. Louis Organizations based in St. Louis Non-profit organizations based in St. Louis