Veteran Startup Incubator Opens Doors In Downtown Phoenix
This week, a new startup incubator opened its doors catering to, and founded by, military veterans.
The Armory, in downtown Phoenix’s Arizona Center, has been in the making for almost a year.
There are eight different veteran-led businesses there, including a cybersecurity company and a Crossfit competition.
The Armory founder and veteran Phillip Potter says the concept came from a friend’s suggestion to look into how veterans would fare in the startup world, and when he did, he found some promising data.
“The truth is when I did look at it, I was amazed and ashamed," Potter said. "I was amazed because it turns out we are really good at this, and I was ashamed that I didn’t know it. So she helped put me on that track to actually create a veteran-led incubator.”
The spot in Phoenix’s Arizona Center offers a co-working space, resources and guidance on becoming an entrepreneur.
Potter says the Armory is a way to encourage and support veterans to think past corporate jobs when finding work after serving in the military.
“The drumbeat is so loud to polish up your resume and go to a job fair that the veterans sometimes might be doubting themselves. They say, 'well if everyone’s telling me to go get a job that means I can’t be a startup founder,' and we’re trying to show that no, that’s actually not the case,” Potter said.
The owners of the Arizona Center have offered the space for free for at least 18 months while the Armory continues growing.