Magazine names St. Louis one of best places to start a business - KMOV.com

Magazine names St. Louis one of best places to start a business

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ST. LOUIS, Mo. (KMOV.com) – Popular Mechanics has ranked St. Louis one of the best cities in America to start a business.

Part of the reason St. Louis made the list is Arch Grants, an organization that has a competition to provide grants to start-ups. Applications for 2015’s competition are being accepted. The first grants will be awarded in June.

“They enter into an existing network, all of which wants to be supportive of the growth and business in our region,” said Arch Grants Executive Director Ginger Imster.

Since 2011, Arch Grants had awarded more than $3 million to 55 companies. 50 of those start-ups are still in business and 48 are still in St. Louis. Those business have created more than 200 jobs.

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