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Arch Grants Surpasses $20 Million Milestone In Its Sustained Impact Campaign
February 18, 2021 GMT
ST. LOUIS (BUSINESS WIRE) Feb 18, 2021
Arch Grants announced that it has reached a milestone in its Sustained Impact Campaign by raising $21.5 million in gifts and commitments. The Campaign will allow Arch Grants to scale its model for attracting and retaining entrepreneurs to St. Louis in an effort to drive local and regional economic development for the long-term. While Arch Grants will continue to raise funds, money raised to date will begin to be distributed in 2021. Arch Grants estimates that at least $600,000 will go toward additional grants and relocation assistance through its Global Startup Competition in 2021, and another $400,000 will go toward the recently announced Growth Grants program to provide up to $100,000 in follow-on funding to selected Arch Grants compa ....

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