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

    MO-built app enhances AMBER Alert system, rallying users to search for missing children

    By Tommy Felts | October 20, 2022

    People care about saving missing and exploited children, said Josh Schisler — but the current alert system is outdated, leaving members of the public without a clear understanding of how they should respond to alerts.  “I think there is no shortage of people who would be happy to take a few minutes from their day…

    RNAi-tech startup takes lead from psychotropics, medical cannabis veteran with new CEO pick 

    By Tommy Felts | October 20, 2022

    ST. LOUIS — Steve Meyer sees opportunity in RNAissance Ag — an offshoot Kansas City-grown TechAccel — especially its portfolio of safe biopesticides and novel RNAi manufacturing technology. “I believe the full potential of RNAi-based solutions in agriculture is yet to be seen,” said Meyer, the company’s new CEO. “This innovative technology not only has…

    KC firm invests $56M in LGTB+ owned 10KC to reimagine a more inclusive workplace (that employees won’t want to leave)

    By Tommy Felts | October 19, 2022

    A funding infusion from a leading Kansas City venture capital firm comes at a critical time as employees struggle to connect in a hybrid work world, said Ten Thousand Coffees (10KC), announcing its first institutional raise since the company’s 2014 formation in Toronto. Originally bootstrapped, 10KC will use the $56 million investment from Five Elms…

    Boulevard, Vine Street hop to ‘inspire our city’ with a brew in honor of KC baseball icon Buck O’Neil

    By Tommy Felts | October 19, 2022

    A new ale crafted in collaboration between one of Kansas City’s biggest brands and the city’s first Black-owned brewery is expected to commemorate “a true American treasure,” said Kemet Coleman — as well as send 100 percent of its proceeds to the Negro Leagues Baseball Museum. The Buck O’Neil Barrel-Aged Saison honors the late first…