Funding for AgriFoodTech Startups in the Arch Grants Competition Supported Through New Partnership
Автор: Innovation in Action
Загружено: 2022-06-26
Просмотров: 51
Описание:
The St. Louis agtech ecosystem has coalesced its resources to attract startups to the St. Louis region by funding a growing trend in agriculture and food technologies, or what’s called AgriFoodTech. The highly successful annual Arch Grants Startup Competition launched the new AgriFoodTech track for 2022.
BioGenerator, the Donald Danforth Plant Science Center, and The Yield Lab partnered with Arch Grants to extend more funding opportunities specifically to AgriFoodTech companies in order to attract and keep AgriFoodTech companies in St. Louis.
Arch Grants awards validated-idea to pre-Series A-stage startups with $75,000 each in non-dilutive grants in exchange for a one-year commitment to headquarter in St. Louis. Beginning in 2022, startups that move to St. Louis for the program are eligible for $25,000 in relocation grants, increasing their total award to $100,000.
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