St. Louis entrepreneurs | St. Louis Public Radio

St. Louis entrepreneurs

Charli Cooksey (left), founder and CEO of WEPOWER, listens to entrepreneurs Reina Stovall (right) and Dr. Brittany Conners (middle) during one of Elevate/Elevar's focus group meetings on March 13, 2019.
WEPOWER

According to a report by Diversity VC and Rate My Investor, less than 1% of all venture capital funding supports black entrepreneurs and 1.8% of funding backs Latino founders.

The St. Louis organization WEPOWER aims to boost those percentages. Recently, the company initiated Elevate/Elevar, an accelerator program for black and Latino entrepreneurs. The goal is to increase their chances to build wealth and enhance economic growth in their communities. 

The technology startup incubator in downtown St. Louis is currently home to nearly 230 businesses. About 40 others got their start at T-REX and have moved to other locations throughout the region.
Wayne Pratt | St. Louis Public Radio

Arch Grants is only 6 years old, but to date it has awarded more than $6 million in cash grants that have helped launch more than 100 companies.

Arch Grants is a non-profit organization that attracts and supports startup companies to St. Louis with its Global Startup Competition. The group released its annual report Tuesday, full of testimonials from startup founders, graphs and lots of numbers.