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

    How tech is making every industry in Kansas search for ‘the next version of themselves’

    By Tommy Felts | October 4, 2024

    Navigating the path ahead starts with filling state’s workforce with tech innovators who can reshape Kansas to match its wildly disruptive potential, leaders say WICHITA, Kansas — The Sunflower State is seeing the seeds of tech momentum beginning to bloom, but Kansas has a long way to go before its time for harvest, said leaders…

    Family-owned US Toy sells to Chicago-based novelty retailer; new owner pledges continued innovation

    By Tommy Felts | October 4, 2024

    The strategic acquisition of a 70-year-old Grandview company that has become a household name for its novelty toys is expected to fuel its new owner’s ability to meet the evolving needs of modern-day customers. Chicago-based Windy City Novelties, Inc. announced the deal with US Toy this week, though financial details were not disclosed. Founded in…

    Financier of the Year: Worlds’ biggest financial leaders applaud C2FO for job-creating capital access

    By Tommy Felts | October 4, 2024

    C2FO would’ve been profitable in the US alone, CEO says; how solving for global needs made it an even stronger fintech leader  The impact of one Kansas City-built fintech company is being felt far beyond the borders of the U.S., said Sandy Kemper, detailing how C2FO’s strategy to go global is creating hundreds of thousands…

    Nelson-Atkins plans $170M new expansion, with an international contest to design ‘a museum for all’

    By Tommy Felts | October 2, 2024

    Editor’s note: The following story was published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. The Nelson-Atkins Museum of Art is launching an ambitious expansion project that will transform its Midtown campus with a dynamic, open…