Programs
The Algorithm, presented by Epicenter Memphis, is a video series that uncovers each founder’s unique formula for success in the Delta Region, rather than just showcasing their companies. It highlights the strategies, breakthroughs, and key decisions that have shaped some of the most innovative tech ventures emerging from Memphis.
Small business owners often spend more time trying to manage their business than actually growing it. Stuart Lott saw this firsthand—and decided to change the game.
As the founder and CEO of Backbone, Stuart created a financial management platform tailored specifically for microbusinesses (companies with 1–5 employees). Instead of cobbling together spreadsheets and software not built for them, entrepreneurs now have an all-in-one dashboard to handle calendar management, payments, operations, and customer engagement.
Born and built in Memphis, Backbone is designed for the backbone of the American economy—the smallest businesses with the biggest dreams.
Recognizing Memphis as a city rich with microbusinesses, Stuart tapped into the region’s support ecosystem. Through Epicenter Memphis, he found more than just office space—he found mentorship, strategic insight, and entry into the 901 Entrepreneurs Fellowship, which provided critical funding and business resources.
In 2024, Stuart’s progress culminated in a major milestone: securing the funding and traction needed to take Backbone to the next level.
That investment wasn’t just capital—it was a vote of confidence in his mission to transform how small business owners handle their financial lives.
Backbone’s rise is another example of how Memphis is more than a logistics capital—it’s a launchpad for founders solving real-world problems with tech.
Through its programs, funding opportunities, and founder-first approach, Epicenter Memphis is helping entrepreneurs like Stuart build not just companies, but new standards for success in the Delta Region.
Stuart Lott cracked The Algorithm—and he’s just getting started.
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