No.
Motown Records were not even a dot on the map. Starting in Jan 1959 Tamla was the first label, with Motown label following in Sept. 1959. Though Jobete Publishing was starting to get known.
The next label introduced in Jan-61 was the short lived 'Miracle' label, who's slogan was "If it's a hit, it's a Miracle" only lasted 10 months, before the Gordy namesake label was created.
Berry Gordy Jr.
1959
Now That's What I Call Motown was created on 2009-01-13.
The usual answer is January 1959, which is when Berry Gordy formed Tamla Records. Motown Records was formed in August 1959, and the Motown Record Corporation (the group company which operated both those labels, and which most people are thinking of when they say "Motown") was incorporated in April 1960.
Motown Records
Motown records
Universal Motown Records was created in 2005.
Motown
Berry Gordy, Jr., established Motown Records
Motown is life
Berry Gordy, Jr., established Motown Records
1959