Memphis’ ZeroTo510 to Aid Med, Biotech Startups (Daily News Memphis)
Memphis Bioworks Foundation and Innova have launched ZeroTo510, an accelerator program to help entrepreneurs bring medical devices and companies to market.
Applications are due April 5, and through a competitive process, six startups will be selected to participate in a 12-week, mentor-driven program that will include instruction and hands-on activities to guide entrepreneurs through the process.
In addition, co-investors Innova and MB Venture Partners – a venture capital firm that invests in medical-device and biotech companies – will give each chosen company $50,000 in seed capital to jumpstart its finances.
ZeroTo510 aims to help medical device entrepreneurs navigate the startup process, refine their business models and achieve the U.S. Food and Drug Administration’s premarket notification filing.
“ZeroTo510 is the first-ever program of its kind in the United States focused on medical devices,” Allan Daisley, Memphis Bioworks’ director of innovation and sustainability initiatives, said in a statement. “An entrepreneurship program for medical devices is an ideal match for the resources and talents of the Memp...
