Title
Bunker Labs
Description
For $15,000.00 in payment authority to sponsor and support Bunker Labs launching a new chapter in Phoenix to grow military veteran entrepreneurship. Bunker Labs is a 501(c)(3) non-profit organization built by military veteran entrepreneurs with the mission of empowering other military veterans to become leaders in entrepreneurship and innovation. The non-profit organization is a national network of veteran and military spouse entrepreneurs dedicated to helping the military connected community start their own business. Bunker Labs will officially launch a Phoenix Chapter in downtown Phoenix on Feb. 20, 2020. Funding from the Community and Economic Development Department will help support Bunker Labs' launch event as well as their first networking meet-up events which will include subject matter experts, investors and thought leaders. The sponsorship also includes City logo placement in various media. Benefits to the City include developing the City of Phoenix brand as an active participant and supporter of the local startup ecosystem and aligns with the Community and Economic Development Department's Strategic Action Plan to promote and facilitate business ownership among veterans by working with programs and groups that focus on veteran entrepreneurs. Funding is available in the Community and Economic Development Department's budget aimed at supporting veteran entrepreneurship.