St. Louis, MO (KSDK) -- Arch Grants revealed it's first recipients of $750,000 in grant money on Monday.
15 companies each received a $50,000 no-equity grant to help start and grow their business in St. Louis.
The companies will be located at the T-Rex in the Railway Exchange building in Downtown St. Louis.
The 15 new companies include: Companion Pharma Inc., Food Essentials, Graematter Inc., DC projects, Iveria, Laborvoices, Material Mix, Med Preps, Observable Networks, Obsorb, Pharos Scientific, Saturnis, simMachines, tech.li, and Rocket Rack.
To learn more about each startup, visit archgrants.org.
Arch Grants works to improve St. Louis' economy and establish St. Louis as a place enterpeneurs want to start their businesses.