Entrepreneur Startup Business Development Corporation
Entrepreneur Startup Business, known as Arch Grants, is a public charity based in St. Louis, Missouri. Formed in 2010, it supports early-stage startups through equity-free grants and business-development resources, with requirements for participating companies to establish a presence in St. Louis.
Key facts about Entrepreneur Startup Business Development Corporation
In short: Entrepreneur Startup Business Development Corporation gave $1.9M across 24 grants in 2024 (avg $78K), mostly in Missouri. 79% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 27-4875945
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $1,860,000
- Grants made (2024)
- 24
- Average grant
- $77,500
- Median grant
- $75,000
- New grantees (estimate)
- 79% first-time grantees (19 of 24, 2024)
- Total assets
- $25,915,538
- Primary geography
- Missouri (69% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$25.9M
+2.9% YoY
Annual Giving
$1.9M
-14.1% YoY
Grant Count
24
-7.7% YoY
Avg Grant Size
$78K
-6.9% YoY
Is Entrepreneur Startup Business Development Corporation open to new grantees?
79%
first-time grantees, 2024
In 2024, 19 of 24 grantees (79%) were first-time recipients. First grants averaged $82K; repeat grants $62K. How we count
Medians: $75K first-time, $50K repeat.
- 13% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−7%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
Arch Grants states that its mission is to advance economic development and community revitalization by providing equity-free grants and wraparound support to startup entrepreneurs willing to headquarter their businesses in St. Louis. Its grant program is intended to address limited access to capital, develop startup entrepreneurs, create jobs, combat blight, and support community development.
The Startup Competition seeks innovative, scalable, job-creating companies, including idea-stage to pre-Series A startups and technology-enabled businesses. Growth Grants support past Arch Grants recipients ready to scale. The organization also describes its support as including programming, fundraising assistance, mentorship, talent-acquisition support, and access to its network.
Grantmaking
In 2024, the filing reports 24 grants totaling $1,860,000. The grants ranged from $10,000 to $100,000, with a median of $75,000. The organization’s filing narrative separately reports 19 new Startup Competition grants, including six relocation grants, and three follow-on Growth Grants.
Open Grants
3 open opportunities from Entrepreneur Startup Business Development Corporation
Founder Lending Program
Entrepreneur Startup Business Development Corporation
Amount
Varies
Deadline
Rolling / Open
Growth Grants
Entrepreneur Startup Business Development Corporation
Amount
$100,000 - $200,000
Deadline
Rolling / Open
Startup Competition
Entrepreneur Startup Business Development Corporation
Amount
$1,600,000
Deadline
Rolling / Open
Ready to take the next step with Entrepreneur Startup Business Development Corporation?
Geographic Focus
Where this funder awards grants
Arch Grants is based in St. Louis and requires participating Startup Competition companies to establish their headquarters or significant operations in St. Louis for at least one year, along with specified founder and team presence there. Growth Grant recipients must maintain headquarters in the St. Louis region. In 2024, 69% of itemized grant dollars went to recipients in Missouri; the other reported recipient-state shares were New York 11%, Massachusetts 5%, Washington 5%, and Virginia 5%.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $1.0M (2019) to $2.5M (2022). In 2024 it made 24 grants totaling $1.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Avol Inc ($100K). Together the top 10 received $925K.
Grant Size Distribution
151 grants across all recorded years
The most common grant size was in the $50–100K range: 93 grants of 151 (62%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Avol Inc Brooklyn, NY | Startup Grants | $100,000 |
| Exprimary Inc Rochester, NY | Startup Grants | $100,000 |
| Prezerve Technologies Boston, MA | Startup Grants | $100,000 |
| Printerior Wildwood, MO | Growth Grant | $100,000 |
| Roam Stay Inc Everett, WA | Startup Grants | $100,000 |
| Wingxpand St. Louis, MO | Growth Grant | $100,000 |
| Words Liive Falls Church, VA | Startup Grants | $100,000 |
| Airseal Cardiovascular Chesterfield, MO | Startup Grants | $75,000 |
| ALLUMIN8 Springfield, MO | Startup Grants | $75,000 |
| ASL Aspire Champaign, IL | Startup Grants | $75,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant total | Grant count |
|---|---|---|---|---|---|
| 2024 | $25,915,538 | $3,398,892 | $3,395,422 | $1,860,000 | 24 |
| 2023 | $25,194,851 | $2,802,557 | $3,653,718 | $2,165,000 | 26 |
| 2022 | $24,747,654 | $2,347,434 | $4,069,400 | $2,550,000 | 31 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,915,538 | $25,194,851 | $24,747,654 |
| Revenue | $3,398,892 | $2,802,557 | $2,347,434 |
| Expenses | $3,395,422 | $3,653,718 | $4,069,400 |
| Net Investment Income | $1,623,766 | $1,160,666 | $1,116,164 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS August 27, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS July 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 24, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jerry Schlichter as chairman, Elizabeth Zucker as president, Stefanie Thelan as secretary, and Matt Badler as treasurer. Directors listed are Ali Ahmadi, Jack Bader, Zundra Bryant, Maxine Clark, Jim Eberlin, and Bob Guller.
Entrepreneur Startup Business Development Corporation is led by Gabriel Angieri, Executive Director since 2022 (on filings since 2020); 2 of 17 officers listed in 2024 are compensated.
Officers on the 2024 filing
Gabriel Angieri
Executive Director
Director of Development & Operations → Executive Director, 2022
On filings since 2020
60 hrs/week
$109K (2020) → $171K (2024)
Elizabeth Zucker
President
Director → President, 2022
On filings since 2019
4 hrs/week
No compensation reported
Jerry Schlichter
Chairman
On filings since 2022
2 hrs/week
No compensation reported
Alfred Jackson
Director of Portfolio
On filings since 2023
40 hrs/week
$100K (2023) → $115K (2024)
Richard Tao
Director
On filings since 2019
1 hr/week
No compensation reported
Sanjay Jain
Director
On filings since 2019
1 hr/week
No compensation reported
Jack Bader
Director
On filings since 2021
1 hr/week
No compensation reported
Zundra Bryant
Director
On filings since 2021
1 hr/week
No compensation reported
Bob Guller
Director
On filings since 2022
1 hr/week
No compensation reported
Joe Schlafly
Director
On filings since 2022
1 hr/week
No compensation reported
Ali Ahmadi
Director
On filings since 2023
1 hr/week
No compensation reported
Courtney Leiendecker
Director
On filings since 2023
1 hr/week
No compensation reported
Jim Eberlin
Director
On filings since 2023
1 hr/week
No compensation reported
Sandra Moore
Director
On filings since 2023
1 hr/week
No compensation reported
Maxine Clark
Director
New on the 2024 filing
1 hr/week
No compensation reported
Matt Badler
Treasurer
Treasurer & Director → Treasurer, 2022
On filings since 2019
2 hrs/week
No compensation reported
Stefanie Thelan
Secretary
Director → Secretary & Director, 2021
Secretary & Director → Secretary, 2022
On filings since 2019
2 hrs/week
No compensation reported
Former officers (13)
- Former: Abha Khandelwal (2019–2023) — Director
- Former: Carl Bouckaert (2019–2023) — Director
- Former: Emily Lohse-Busch (2019–2022) — Executive Director
- Former: John Ferring (2019–2022) — Director
- Former: Cindy Teasdale (2019–2021) — Director
- Former: Jerome Schlichter (2019–2021) — Chair & Director
- Former: Joseph Schlafly (2019–2021) — Director
- Former: Pradip Das (2019–2021) — Director
- Former: Reed Howlett (2019–2021) — Vice President & Director
- Former: Robert Guller (2019–2021) — President & Director
- Former: Jamie Froedge (2021) — Director
- Former: Jerry Howe (2019–2020) — Secretary & Director
- Former: Mark Stallion (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $171K, to Gabriel Angieri (Executive Director). 2 officers or directors reported compensation on that filing.
Contact
Mailing address: 2315 Locust Street 2B, St Louis, MO 63103
Phone: (314) 272-4857
Website: https://archgrants.org
Frequently asked questions about Entrepreneur Startup Business Development Corporation
How much does Entrepreneur Startup Business Development Corporation give each year?
Entrepreneur Startup Business Development Corporation gave $1.9M across 24 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.2M across 26 grants.
What is Entrepreneur Startup Business Development Corporation's typical grant size?
Entrepreneur Startup Business Development Corporation's median grant in 2024 was $75,000, and its average grant was $77,500, across 24 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Entrepreneur Startup Business Development Corporation that year got $82K on average.
Where does Entrepreneur Startup Business Development Corporation give grants?
Entrepreneur Startup Business Development Corporation gives mostly in Missouri: 69% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were New York (11%) and Massachusetts (5%). The most frequent recipient cities were St. Louis, MO (8 grants).
Does Entrepreneur Startup Business Development Corporation give general operating support?
Not in 2024: none of the 24 grants with a stated purpose on Entrepreneur Startup Business Development Corporation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Startup Grants" (20 grants) and "Growth Grant" (4 grants).
Who are Entrepreneur Startup Business Development Corporation's largest grantees?
Entrepreneur Startup Business Development Corporation's largest 2024 grantees include Avol Inc ($100,000), Exprimary Inc ($100,000) and Prezerve Technologies ($100,000), according to its 2024 IRS Form 990. Together they received 16% of its itemized 2024 grant dollars.
How large is Entrepreneur Startup Business Development Corporation?
Entrepreneur Startup Business Development Corporation reported $25.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.4M.
What does Entrepreneur Startup Business Development Corporation fund?
Arch Grants states that its mission is to advance economic development and community revitalization by providing equity-free grants and wraparound support to startup entrepreneurs willing to headquarter their businesses in St. Louis. See mission & focus areas ↑
How do I apply for a grant from Entrepreneur Startup Business Development Corporation?
Entrepreneur Startup Business Development Corporation has no public application process in the sources Grantable reviewed. Check archgrants.org for current guidelines, or contact the foundation directly before submitting a request.
What is Entrepreneur Startup Business Development Corporation's EIN?
Entrepreneur Startup Business Development Corporation's EIN (Employer Identification Number) is 27-4875945. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Entrepreneur Startup Business Development Corporation by hand.
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