KC’s PlaBook, Erkios selected for coveted $50K Arch Grants, boosting St. Louis startup scene

October 5, 2021  |  Startland News Staff

Philip Hickman, Plabook; photo by David Cawthon, KCSourceLink

Two Kansas City companies are expected to be part of Arch Grants’ largest-ever selection of startups, earning spots in the highly competitive St. Louis grant program’s 35-member, nearly $2 million 2021 cohort.

PlaBook, an edtech reading platform, and Erkios Systems, a cybersecurity hardware startup, were announced Oct. 1 as winning candidates for the program, which saw more than 400 applicants, according to Arch Grants.

“With these 35 new companies, Arch Grants has surpassed the 200-company mark, an important milestone in our drive to solidify St. Louis as a beacon for innovation in the country and throughout the world,” the program said.

PlaBook is now positioned for success and Arch Grants adds fuel to its momentum, said Philip Hickman, co-founder and CEO of PlaBook.

“The support and excitement that they carry was exactly what we needed,” he added. “St. Louis has such a great established startup ecosystem and PlaBook is so excited to be fully immersed.”

Click here to learn more about PlaBook.

Each winning company receives $50,000 in non-dilutive cash grants, and those from out of town get an additional $10,000 to relocate to St. Louis, according to the St. Louis Post-Dispatch, which first reported the news. As a condition of the program, at least half of a company’s founding team must move to St. Louis for the next year.

PlaBook did not immediately disclose plans to open headquarters in St. Louis, though Erkios — led by co-founders Sean Null and Philip Van der Straeten — confirmed it would move its offices to the Arch Grants city.

Click here to learn more about Erkios, its momentum and plans for Arch Grants funding.

Arch Grants 2021 cohort

Arch Grants 2021 cohort

Philip Hickman, PlaBook, Techstars Demo Day 2021

Philip Hickman, PlaBook, Techstars Demo Day 2021

“PlaBook has successfully finished its pilot at a local school district in Kansas City and will be launching this month and is looking to be in districts in Kansas City, Saint Louis, Texas, and possibly on the East Coast helping children learn to read,” Hickman detailed, offering insight into the startup’s next steps.

PlaBook recently completed Techstars Kansas City’s 2021 cohort and was among the winning finalists in the 2020 OHUB.KC accelerator.

Only 15 of the 35 Arch Grants selections were from the St. Louis area, according to the program, emphasizing its ongoing long-term economic development impact through drawing entrepreneurs to the gateway city. Winning companies hail from Philadelphia to West Palm Beach, Florida; Denver to Des Moines; and even South Korea. 

Click here to see the full list of 2021 Arch Grants recipients, from the St. Louis Post-Dispatch.

“Since 2012, Arch Grants has awarded $10,570,000 in cash grants to attract or retain 208 early-stage businesses in St. Louis, invigorating the city’s startup scene with new talent and ideas and helping to shape the future of the St. Louis economy,” the program said.

Grant winners are expected to be honored Nov. 17 during a virtual gala. St. Louis native Jim McKelvey, founder of Invisibly, founder of LaunchCode, and co-founder of Square, is set to be honored with the 2021 Entrepreneur Award for his contributions to the St. Louis community.

This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.

For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2021 Startups to Watch

    stats here

    Related Posts on Startland News

    KC Digital Drive summits aim to catalyze engagement with tech, innovation

    By Tommy Felts | June 7, 2017

    Area non-profit, government and tech leaders are planning to help broaden community involvement in the Kansas City metro’s innovation ecosystem. Organized by KC Digital Drive, the Gigabit City Summit: Local Edition — set for June 16 at Plexpod Westport Commons — will offer an immersive look into high-profile initiatives such as the Smart City effort and…

    KC startups join Techstars, Amazon and Kickstarter to support net neutrality

    By Tommy Felts | June 6, 2017

    Amazon, Kickstarter, Etsy, Mozilla and other tech giants are planning a “day of action” on July 12 to oppose efforts to undo net neutrality regulations by Federal Communications Commission chairman Ajit Pai. As national momentum grows, the fight for a free and open Internet already has garnered local support.  More than a dozen Kansas City-area…

    Flyover Capital leads $1.5M round in Illinois startup

    By Tommy Felts | June 6, 2017

    Overland Park-based venture capital firm Flyover Capital has led a $1.5 million Series A round in an Illinois-based tech firm. Flyover led the investment round — which included Serra Ventures and other private investors — in Inprentus Precision Optics, which designs and manufactures X-ray and EUV diffraction gratings for “synchrotron radiation” facilities. The technology is used…

    Faster-than-expected visa process helps BLITAB relocate from Austria to KC

    By Tommy Felts | June 6, 2017

    Eight months after the Austria-based firm BLITAB won a LaunchKC grant, its co-founders have finally settled into their new home of Kansas City, Mo. BLITAB — a startup that developed the world’s first tablet for blind people — was the only internationally-based firm to win a $50,000 LaunchKC grant in September. But before co-founders Kristina Tsvetanova and Slavi…