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Arch Grants, a non-profit, celebrates a decade of awarding grants to startups in St. Louis and beyond.

Jerry Schlichter, the brainchild behind Arch Grants, believes the impact is beyond offering employment opportunities and capital returns - it has helped promote inclusivity in St. Louis.

"When Arch Grants launched, Schlichter said the organization contacted every historically black college and university and women’s college in the U.S. to inform them about the competition.

Ten years later, Arch Grants said 69% of the companies it’s funded are led or co-led by a woman, person of color, immigrant or veteran.

Those figures pace well ahead of the venture capital industry, where just 2.4% of U.S. venture funding between 2015 and 2020 went to Latino or Black founders, according to Crunchbase, which tracks venture funding."

Check out the full story by Nathan Rubbelke on STL Inno.

A waning delta variant summer surge gave way to a spike of cases in November, as infections and hospitalizations rose amid concerns about a new variant spreading out of South Africa. The omicron variant hasn’t been detected in Missouri, but public health officials are watching. The first place it is likely to be detected is […]

The post Delta variant cases spike again in November as health officials watch for arrival of new strain appeared first on Missouri Independent.

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