Carlton Crothers Named President/CEO At EmergeMemphis

EmergeMemphis, Memphis startup, Carlton Crothers

EmergeMemphis, the incubator and technology hub in downtown Memphis, has named Carlton Crothers as the new President and CEO.  Crothers has 14 years experience in cultivating, developing, and bringing early stage technologies to market.

Most recently Crothers was a Principal at Innovation Ecosystem Design based in the Dallas/Ft. Worth area. According to his LinkedIn profile, the private company provides successful innovation ecosystem solutions. Before Texas, Crothers was the CEO of Technology Incubation and Acceleration as part of the Michigan Tech Enterprise Corporation (MTEC SmartZone).

In his position in Michigan, Crothers oversaw 54,000 square feet of office space housing 19 companies with over 170 employees. Those companies created over 500 spinoff jobs with $68.3 million invested in a rural community of 12,000.

“Our organization’s mission is to provide value-added services to our members that will positively impact their growth, accelerate the successful development of member companies, springboard high technology education programs, and recruit new companies and talent to Memphis,” Scott Fountain, chairman of EmergeMemphis and senior Vice President/Chief Development Officer of Baptist Memorial Health Care, said in a press release. “Our board is thrilled to attract Carlton to Memphis, especially given his proven track record of job creation.”

“The measurable goals of EmergeMemphis generate wealth and economic stimulus into the Mid-South economy,” Steve Bares President and Executive Director of Memphis Bioworks said in a statement. “In addition, they seek to assist emerging businesses that are not residents in the building through our many programs aimed at assisting entrepreneurs succeed.”

Eric Mathews, Co-President at Start Co, who also served as the most recent Interim Director at EmergeMemphis, said, ” I am excited in welcoming Crothers to our growing Memphis entrepreneurial ecosystem. With EmergeMemphis, Bioworks, and Start Co operating on all cylinders, Memphis will grow its leadership role in technology, entrepreneurship, and job growth across the southeast”

Mathews’ organization, Launch Your City (recently renamed Start Co), “graduated” out of the EmergeMemphis incubator earlier this year.

EmergeMemphis is a business and technology incubator with the goal of helping high-growth start-ups and early stage companies become self-sustaining.  They do this by strategically aligning entrepreneurs with various resources, a compelling environment, and mentors that help ensure the success of the participating companies.  Emerge operates as a 501-c-3, but plays a unique and critical roll bridging the public and private sectors. EmergeMemphis was formed in 2001 and serves as an incubator for high-growth companies.  While this often means technology-based business models, Emerge also seeks companies across a wide range of industries and models. Their renovated, historic property in downtown Memphis includes 35,000 square feet of tenant space.  Today, 37 companies as well as FedEx’s Innovation Lab, are residents at Emerge.

Memphis startup organization, Launch Your City,rebrands as Start Co

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