Another 10 startups win $50,000 from Arch Grants

Arch Grants, a nonprofit group founded in 2012 to promote entrepreneurial growth in St. Louis, announced Tuesday its latest group of 10 winners. Each firm will receive $50,000, plus a wide range of support services, on one condition: At least half of the founding team must work in St. Louis for a year.

Eight winners already have a presence in St. Louis, but founders are moving to the city from Chicago and New York because of Arch Grants.

The latest winners are working on everything from agricultural data to cancer diagnosis to superhero capes. They are:

  • Fletch
  • Focalcast
  • Geneoscopy
  • Helper Helper
  • Janus Choice
  • Longneck & Thunderfoot
  • Radiologics
  • S4
  • Tiny Superheroes
  • WellHealth

The organization has now funded 86 companies since 2012. Of the previous 76 winners, 71 are still in business and 64 have a presence in St. Louis. Those companies employ 334 people in Missouri, have annual revenue of $33 million and have raised more than $85 million in capital.

The winning entrepreneurs will be introduced Wednesday at the annual meeting of Downtown STL Inc.

Read more: St. Louis Post-Dispatch


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