The Memphis Bioworks Foundation and its ZeroTo510 medical device accelerator, have teamed up with Smith & Nephew to create a new executive-in-residence program for the medical device startup accelerator.
The program allows ZeroTo510 cohorts to receive ongoing expertise and guidance in the medical device market for sales, product development and other elements of launching a successful business from executives at Smith & Nephew, a global medical technology business.
ZeroTo510 is now in its fifth year of guiding medical device entrepreneurs through the startup process and helping them refine their business models and go-to-market strategies, with the goal of clearance for commercial deployment through the FDA’s 510(k) process and a path to product sales.
The executive-in-residence program will be provided on-site to mentor current ZeroTo510 teams, as well as teams that have gone through the ZeroTo510 program in the past. Smith & Nephew engineers will extend their knowledge of medical devices to students by providing guidance on product development and today’s market, as well as mentoring support.
– Andy Meek