The BALSA Grant is designed for first-time St. Louis entrepreneurs wanting to start or grow their early stage business in St. Louis.
Donor Name: The BALSA Foundation
State: Missouri
City: St. Louis
Type of Grant: Grant
Deadline: 07/24/2025
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
BALSA Grant recipients receive:
- Free (non-dilutive) cash grant of $1,500
- Participation the Learning Series
- One-on-one mentoring
- Eligible to apply for the $5,500 Follow-on Grant.
Eligibility Criteria
- Foundation welcomes applications from all business sectors, whether for-profit or non-profit, and from everyone regardless of US citizenship.
- In general, having team members with the following criteria will make an application ineligible for the BALSA Grant:
- Having started a successful business before. They wish to exclude serial entrepreneurs and those who were or are making a living from a business they started.
- Having received any outside equity investment, significant outside funding, or a previous BALSA Grant. Financial support from the founders, their family, and personal friends is OK.
- Living outside of the greater St. Louis area. The aim is to help those in the St. Louis region, broadly defined as residing or operating within 25 miles of St. Louis City Hall.
For more information, visit The BALSA Foundation.