Four Questions for Mike Canty, Co-Founder of ARC
Mike Canty of Armaments Research Company (ARC) took home the grand prize of $3500 in Bunker Labs DC’s Pitch Competition, Startup Standup. The competition served as the culmination of BLDC’s fourth cohort of Launch Lab; a 9-week start-up school for military veterans and spouses.
Q: Tell us about your military background.
Mike: I spent nine years (2003-2012) as an officer in the Army, deploying three times to combat first as an advisor in Iraq and then as a precision rocket and missile system commander in Afghanistan.
Q: How did you get connected to Bunker Labs DC?
Mike: Experiences and responsibilities in a corporate role are vastly different from those as a startup co-founder so I was hoping for some guidance as I made the transition. I stumbled upon Bunker Labs and reached out to Emily directly to get integrated.
Q: How has Bunker Labs DC helped you?
Mike: Emily and Seda began by first asking dozens of questions about our company’s vision and progress to date. Once they had an idea of the resources we had and those we needed to achieve our business milestones, they began connecting us with various area resources such as Deloitte for help creating a pitch deck, NSF I Corps for product market fit, and financial modeling classes for projected revenues among others. They helped us identify some of the “known unknowns”.
Q: What have been some of the outcomes of being a Bunker Labs DC member?
Mike: Bunker DC is well-established within the city entrepreneurship ecosystem and shares information about useful startup classes, pitch events, mentorship opportunities, etc. One of the events they listed led to our receiving a $50K grant from the National Science Foundation and another to a $5K pitch award. Of course, there’s a bit of work we had to complete in between, but most veterans aren’t intimidated by that aspect and simply need a little guidance and opportunity.