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UMSL Entrepreneurship and Innovation Center opens applications for fifth Anchor Accelerator, announces PitchFest grant competition and new partnerships

$150,000 in grants will be awarded across 10 promising Founders working to scale their businesses.  At the end of a 5-course business development program, each Founder will also receive an Entrepreneurship Certificate from UMSL.

Applications are now close for UMSL Entrepreneurship and Innovation Center’s Anchor Accelerator, and the 2025 cohort will be the first to participate in the re-envisioned program.  Applications were due November 8, 2024. Finalists will participate in a closed Pitch Day with a selection of jurors this December, and ten winners will be announced in January of 2025 with workshops to take place this spring. 

Anchor Accelerator Logo

Applicant Eligibility:

The most competitive applicants will be:

 

PitchFest Grant Competition

Grant  recipients will receive $2,500 at the start of the program, and the remainder of the grants will be awarded alongside an Entrepreneurship Certificate from the University of Missouri–St. Louis upon completion of the five workshops.

  • $50,000 (1)  - Most Outstanding Business
  • $20,000 (1)  - Runner Up
  • $10,000 (3)  - 2025 Anchor Accelerator Cohort
  • $10,000 (5) - Momentum Builder Grants*

*Schnuck Markets’ ‘Schnucks Springboard’ Diverse-Owned Business Accelerator, Greater St. Louis, Inc.’s Downtown Retail

Responsibilities for Winning Founders:

  • Complete submission of initial application and subsequent due-diligence documentation;
  • Participate in pitch competition and announcement event
  • Submit semi-annual reporting of business progress post-program;
  • Sign a founder commitment letter; and
  • Grow their company in Greater St. Louis.

Pitch Deck Template:

Whether or not you applied to the accelerator and/or were invited to participate in the accelerator pitch competition, we wanted to share with you a PowerPoint template you are welcome to modify and use during your next "live" pitch presentation about your startup. With just eight slides, the template provides a framework for efficiently discussing some of the most critical questions that potential accelerators (or potential investors or other stakeholders) may have about your company:

  • To what extent do you understand the problem facing your customers?
  • How viable is your team's solution?
  • How much traction do you have?
  • How much plausible impact is there for Greater St. Louis based on your startup?
  • How well-developed is your plan to take full advantage of the accelerator?
  • To what extent do you have the ability and commitment to execute your vision?
     

Download Sample Pitch Deck