Would you Move your Startup to St. Louis for 50k?

Arch Grants, a not-for-profit, has launched aÂ competition to lure entrepreneurs to St. Louis with a 50,000 grant.

20 winners will receive $50,000 in non-dilutive cash. The grant is for startups and entrepreneurs from any industry looking for grants and that are based in St. Louis– or are willing to relocate in St. Louis.

Arch’s website says they’re “looking for innovative, high growth, early stage ventures that demonstrate a commitment to St. Louis.”