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

    April Seggebruch and Stan Zylowski, Movista

    Movista exit: Mid-America Angels portfolio firm scores $12M growth equity investment

    By Tommy Felts | September 26, 2018

    A $12 million Series A growth equity investment in Movista is a significant win for Mid-America Angels, as well as for the region, said Laura McCoolidge. The Arkansas-based startup — which uses a mobile-first, real-time platform to power labor and workforce management software for retailers, manufacturers, and service providers — is among the leading portfolio…

    Startup Crawl returning Oct 5 for First Friday with festival-style entertainment, innovation

    By Tommy Felts | September 25, 2018

    Editor’s note: Startup Crawl and Startland News are both programs of the Kansas City Startup Foundation, though the content below was produced independently by Startland. Startup Crawl has a carnival feel to it, said Lauren Conaway, noting the returning event is positioned to help startups collide with people who wouldn’t typically encounter the early-stage businesses.…

    Goodwill

    MECA students to Goodwill: Everyone has a mission now — what else are you selling?

    By Tommy Felts | September 25, 2018

    Editor’s note: MECA Challenge and Startland News are both programs of the Kansas City Startup Foundation, though the content below was produced independently by Startland. For more information on the relationship, click here. Goodwill must innovate and change with the times if it’s going to survive after 125 years in business, said Ed Lada. “The…

    Glen Dakan, Prestio, and Ryan Matt, Matt Ford

    Prestio drives users to auto dealerships without traditional car buying pain points

    By Tommy Felts | September 25, 2018

    Gone are the days of traditional car buying for Ben Anderson, the first customer of Kansas City-based startup Prestio. Anderson, an accounting professional at CBIZ, had grown deeply frustrated by auto dealerships, he said. In fall 2017, he turned to Prestio –– a first-of-its-kind software-as-a-service platform that allows customers to buy, trade, and finance vehicle purchases…