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St.Louis Startups: Arch Grants Announces 15 Recipients of $50k Grants

If you’re been watching Nibletz.com then you probably know that St.Louis has a thriving startup scene. Square co-founder Jim McKelvey has been investing in some of the leading area startups. Tech.li CEO Edward Domain (no relation to Kim DotCom), moved tech.li’s operations to St. Louis as well.

St. Louis has a tight knit community of startups, entrepreneurs and investors, but at the same time we’ve found that they are really open and welcoming of any startup, extremely easy to talk to and just a great bunch of people. Heck if tech.li wasn’t already in St. Louis, we’d consider moving there :)

Yesterday Arch Grants announced 15 recipients of $50k in startup grants, the winners of their business plan competition. Arch Grants co-founder Jerry Schlichter said that the 15 recipients came out of a pool of 400 submissions.

In addition to the seed money, Arch Grants will provide business consulting, mentorship and big discounts on needed services like office space.

More after the break



Here is the list of startups that received funding as published by our friends at St.Louis Public Radio:

  • Companion Pharma, Inc: Companion Pharma expands the range of safe, effective medicines designed for convenient use in dogs and cats under a veterinarian’s prescription. CEO, Harry Arader, said, “I moved my seventh and eighth companies here to St. Louis because it is simply the best location in the US for the creation of science-driven, animal-health companies.”
  • Food Essentials: FoodEssentials’ LabelINSIGHT gives retailers, manufacturers, and government sophisticated online tools for the deep analysis of food label data. Armed with the industry’s most comprehensive food label database, LabelINSIGHT is the total solution for product data.
  • Graematter, IncGraematter supplies the healthcare regulatory industry with a powerful tool: the TERI Regulatory Intelligence System which, for the first time, consolidates the data and information located in over a hundred regulatory data sources into a single, searchable database.
  • IDC Projects: IDC Projects makes location-based social games for mobile phones that serve as an ideal targeted marketing platform for advertisers. CEO, Michael Orlando, says of Arch Grants, “It’s great to see such an effort being made in my own home town!”
  • Iveria TV: Iveria TV is the “hulu of foreign TV”. The company has the technological infrastructure and business model to deliver foreign language TV streams to the millions of immigrants living in the United States.
  • Labor VoicesLaborVoices is crowdsourced supply chain intelligence. The company provides corporations with a real-time monitoring and risk-management tool using data coming directly from workers in the corporations’ supply chains.
  • Material MixMaterial Mix monetizes the trade of recyclables. The company, led by Portland native Allison Carmen, helps waste and recycling professionals reduce operating expenses and recover investment on inventory via a dynamic, web-based, customer regulated exchange platform with supply chain management tools.
  • Med Preps: Med Preps provides practice tests and flashcards to help medical professionals prepare for certification exams. The Med Preps Co-founders, Kenny Kline and Jon Chen, moved back to St. Louis to build their company here.
  • Observable Networks: Observable Networks offers a new approach to enterprise network security and management. Observable Networks is the recipient of the Emerson Arch Grant.
  • Obsorb: Obsorb is a customizable work platform for small businesses that works on the web, iPhone, iPad, and Android.  The Obsorb team converged on St. Louis from Chile, Dallas, and Portugal to be a part of what’s happening in this city.
  • Pharos Scientific: Pharos Scientific delivers an innovative medical imaging component in the forefront of diagnostic medicine and related products. CEO, Dr. Zhilin Hu, is a Research Associate Professor at Washington University with over 20 years of experience in optics.
  • Saturnis, LLC: Saturnis is commercializing a low-cost, thermochemical process to produce liquid transportation fuels from biomass sources that can be sustainably harvested in the Midwest. Founded by Michael Gidding and Daniel Garcia, two Washington University engineering and business school students, Saturnis is the recipient of the Peabody Arch Grant.
  • simMachines: simMachines provides the fastest similarity search engine (NoSQL 2.0) available. CEO, Arnoldo Müller-Molina, moved to St. Louis from Costa Rica to create efficient, novel, and easy to use data analysis tools.
  • TechliTechli is the online news magazine for the digital startup community in the Midwest. CEO, Edward Domain, moved from Chicago to base Techli in St. Louis.
  • Unique Metal Solutions: Unique Metal Solutions manufactures the patented ROCKET RACK®, a stainless steel conduit and process pipe support system currently being used in food and beverage processing plants in St. Louis and throughout the United States.

Linkage:

Source: St. Louis Public Radio

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