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Progress 64 West seeks scholarship applicants

This November, Progress 64 West will award up to $7,500 in scholarship assistance to area high school seniors attending schools along the Hwy. 40/I-64 corridor.

The awards are funded through the organization’s annual Louis S. Sachs Scholarship program in honor of the late visionary entrepreneur. Accordingly, Progress 64 West is looking for applicants who have entrepreneurial dreams.

Students in the Parkway, Rockwood, Francis Howell, Fort Zumwalt and Wentzville school districts, and those who attend private schools or are home-schooled students within those districts’ service areas may apply. Applicants must submit an Executive Summary of a Business Plan that includes:

• a description of the business concept, including nature of the business, mission, objectives, philosophy and values, and contribution to the community.

• market analysis, including market need, competition and strategy to meet the need and successfully and profitably compete.

• business operations, including necessary management, employees, vendors, professional assistance, facility and technology.

• sales and marketing strategies, tactics and techniques.

• sources and uses of funds necessary to start and operate the business.

To be considered for the scholarship, applicants must submit their application and an Executive Summary of a Business Plan by email to the attention of Sharon Huber at p64westscholarship@gmail.com no later than Oct. 31.

Applications are available online at progress64west.org.

Awardees are required to attend the Awards Luncheon on Wednesday, Nov. 27 at the DoubleTree by Hilton Hotel in Chesterfield.

The Louis S. Sachs Scholarship program is sponsored by American Direct Marketing Resources, LLC, DosterUllom & Boyle, LLC and Stinson.

Progress 64 West is a civic organization established in 1987 to promote the responsible growth of commerce in the greater St. Louis region, with a particular emphasis given to the I-64 corridor from I-270 westward to I-70. A partnership of citizens, business and civic leaders, the organization’s mission is to work to create and maintain sustainable communities and a high-quality standard of life in St. Louis and St. Charles counties.

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