The deadline to apply for Arch Grants 2014 startup competition is Feb. 21, at midnight. The St. Louis-based competition seeks innovative, early-stage ventures that have national or international sales potential, according to the Arch Grants website. The startups must be based in St. Louis or willing to move there.
Each winner will receive $50,000 in non-dilutive cash, and two additional companies receive $100,000 more in future grants. The startups also receive professional services, mentorship and introductions to potential investors, according to the program’s website.
Last year, the Arch Grants awarded a total of $1 million in grants to 20 companies.