BALSA Foundation

A nonprofit organization
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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.

We 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. We are passionate about providing opportunities to thrive especially to those in our underserved communities.

We provide free feedback on early business ideas through Idea Support, free grants and mentoring through the BALSA Grant, and written guidance with the Entrepreneur's Roadmap.

Mission

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.

Organization Data

Summary

Organization name

BALSA Foundation

Tax id (EIN)

46-5319354

Mission/Purpose

Community Improvement/Economic Development, Employment & Workforce Development, Racial Equity

Operating Budget

Mini: $0-$50,000

Service Area

St Charles County, St Louis City

Audiences Served

People with Disabilities, Immigrants, Refugees, Foreign-Born Populations, Justice-Involved Individuals, LGBTQIA+, Older Adults, Veterans, Women, Men, BILPOC

BILPOC Leadership

BILPOC Leadership

Address

4240 Duncan Ave
St. Louis, MO 63110

Website

http://www.balsafoundation.org/

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