Kyle
The Memphis Bioworks Foundation’s partnership program with Seed Hatchery, called Zeroto510, is all in for the upcoming everywhbereelsse.co The Startup Conference event in February in Memphis Tennessee.
All 6 teams that participated in the summer acceleration program housed at Memphis Bioworks Foundation in Memphis’ Medical District, have committed to “Startup Village Booth Space” where they will pitch their companies to over 400 investors coming from out of town. They’ll also get the chance to talk about the most successful acceleration program in the United States with over 85% of the initial class receiving follow on funding.
The program was spearheaded by Steven Bares, President and Executive Director of the Memphis Bioworks Foundation, Lauren Bigger, Program Manager of Bioworks Business Association, Allan Daisley Director of Entrepreneurship and Sustainability for the foundation and Eric Mathews and Andre Folkes, Co-President’s at Launch Your City, the Seed Hatchery arm of the program.
Innova, an early stage investor group and MB Ventures, both of Memphis, were also major partners for the ZeroTo510 program.
The success of the Memphis Bioworks, Seed Hatchery joint venture has trickled across the country an around the globe. That prompted Dr. Laura Faulconer who runs an incubator program in Australia, to recently visit the Memphis Bioworks Foundation and spend some time learning from Daisley as well as some of the Seed Hatchery team.
Bionanovations, HandMinder, NanOpthalmics, Randall Surgical, Restore Medical and Urova Medical will all be present during the everywhereelse.co conference where attendees, investors and other startups who may be looking to go the medical device route, will get a chance to speak with the founders. Many of whom, uprooted themselves from other cities like Atlanta, and Durham NC to work with the likes of Daisley and the Memphis Bioworks Foundation.
Shawn Flynn, co-founder of Restore Medical Solutions, a company that just raised a $2.5 million dollar Series A round, will speak on a panel at the conference called “Raising Money Everywhere Else”.
Bioworks has already said they plan on running the Zeroto510 program again in 2013 but may change the focus slightly to another medical related vertical that’s exploding in the region.
Memphis Bioworks, which serves as the epicenter for biosciences entrepreneurs, startups and acceleration functions to address three very important areas in a community that thrives with Biosciences innovation. Those areas are: Building Infrastructure, Growing The Workforce, and Promoting Entrepreneurship.
One thing that you rarely hear with an accelerator is that 100% of the teams that built their businesses during the ZeroTo510 program at Bioworks, have stayed in Memphis to continue to grow their businesses. While HandMinder has roots in the Memphis area, the rest of the teams have had at least one co-founder that’s relocated to the area.
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