If there’s one thing we can agree on, it’s that nobody agrees on how to create economic growth. That shouldn’t be surprising — successful and sustainable economic development is a monumental challenge. In St. Louis, we’ve primarily used public place-based investments — like tax increment financing — to revitalize our city.
But at Arch Grants, we’ve chosen venture philanthropy, a people-based development model that combines the principles of venture capital with charitable giving in order to address big societal issues. Our investments in our entrepreneurs reflect our confidence in their ability to substantially improve lives and solve problems around the world, and to transform the economy of St. Louis and spearhead the next wave of economic development in our region.
