Arch Grants Awards First $750,000 in Grants
Washington University-affiliated startups to receive $50,000 along with mentoring, networking support to grow businesses in St. Louis.
Ten Washington University in St. Louis-affiliated entrepreneurs are among the winners of $750,000 in inaugural grants from Arch Grants, the global business plan competition providing $50,000 grants to startups and taking no equity in return. Missouri Gov. Jay Nixon and Jim McKelvey, Square co-founder and head of the Arch Grants Advisory Board, joined Arch Grants Monday to announce 15 startups that will each receive $50,000 in funding to help launch and grow their business and create a more robust startup culture and infrastructure in St. Louis. The 10 WUSTL-affiliated winners comprise five alumni, three faculty members and two students. They are: To date, Arch Grants has secured more than $2.9 million in funding from a mix of individual, …
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