ZeroTo510 is unique among accelerator programs in that it focuses on medical devices, leveraging the regional strength of the Memphis area. The goal of ZeroTo510 is to help medical device entrepreneurs navigate the start-up process, refine their business models and achieve the Food and Drug Administration’s 510(k) pre-market notification filing.
Now in its third year, the program has accelerated the creation of 12 new companies, more than 25 local jobs, and more than $4 million in investments. The nationally recognized program has attracted entrepreneurs locally and from places like Georgia Tech in Atlanta, Johns Hopkins University in Baltimore, Duke University in Durham, N.C. and Greenville, S.C. Among these companies’ successes: three are in the marketplace generating revenue, one has received FDA clearance, and one is treating patients in an IRB study. As the first-ever medical device accelerator, ZeroTo510 is now recognized as a benchmark model for subsequent medical device accelerators, including one in Australia.