The BALSA Foundation

The BALSA Foundation’s mission is to promote social equity and prosperity in the St. Louis region by empowering first-time entrepreneurs to start and grow their businesses. We fulfill this mission by (1) maintaining an online, step-by-step guide to starting a business, (2) providing free feedback from experts to anyone with a business idea, (3) providing cash grants, mentorship, and donations of professional services to first time entrepreneurs who need and will benefit from them the most. Our vision is a St. Louis community that embraces first time entrepreneurship as a gateway to social change.

About

Founded in 2014, The BALSA Foundation is a volunteer-run organization of entrepreneurs, scientists, community leaders, and young professionals. The Foundation aims to make entrepreneurship accessible – and success attainable – to everyone.  

They believe that helping first-time entrepreneurs start and grow their business is an effective way to promote community, equity, and economic growth in our region. They are passionate about providing opportunities to thrive especially to those in our underserved communities.

They are the philanthropic arm of The BALSA Group, and serve to fulfill its mission of community service. From The BALSA Group we obtain significant financial support and the expertise of its members and alumni.

Services Provided

Business Planning

  • Business Plan Consulting, Development and Review
  • Demographic/Census Data
  • Feasibility Studies
  • Market Plan Development
  • Market Research
  • Identification/Research of Foreign Markets
  • Forming a Business

Financial Resources and Assistance

  • Grant Provider (Specialty)

Starting a Business

  • Startup Classes
  • Business Research Resources
  • Registration, Licenses and Permits
  • Site Location
  • Forming a Business
  • Feasibility Studies
  • Home-Based Business Training