Wanted: More Startups in St. Louis. Reward: $50,000

Move your startup to St. Louis, get $50,000, no strings attached. That’s the pitch from Arch Grants, a nonprofit there that has awarded $1.9 million in grants to 35 businesses since in 2012, when it launched its first competition to attract promising ventures to the city’s downtown.

By Nick Leiber

Full Story: http://www.businessweek.com/articles/2013-12-11/wanted-more-startups-in-st-dot-louis-dot-reward-50-000#r=hpt-fs