Hands-on
accelerator
for hardtech
startups
at mHUB

A leading independent hardware innovation and entrepreneurial center.

6-month program fast-tracks high potential startups through hands-on product development in state-of-the-art prototyping facility supported by world-class corporate and venture investors.

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02
03
Building

We select startups around demand-driven challenge areas that align with some of the world’s biggest industry leaders and create opportunities for real solutions, pilots and long-term customer relationships.

Deep engineering and industry expertise guide our teams through a rigorous product development cycle including rapid prototype iteration, design for manufacturing, sourcing and U.S. manufacturing supply chain.

Teams benefit from the guidance of seasoned entrepreneurs, engineers, investors and industry leaders who’ve built businesses, raised capital and helped founders realize their full potential.

Program Corporate Partners
Partners are cohort specific

mHUB Accelerated Incubation

It shouldn’t just be about perfecting your
pitch for a demo day. mHUB delivers a
holistic approach that focuses quite literally
on the nuts and bolts of the product, the
market fit and the fundamentals of building
a successful, sustainable business.

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speaker at mHUB
John Welin and Dave Rauskus support an entrepreneur with their 3d model
metal pieces get trimmed using drill at mHUB fabrication facility
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Design for
Manufacturing

Rapid
Prototyping

Customer
Discovery

Market
Validation

Customer
Pilots

Business
Model

Go-To-
Market

Supply
Chain

By the Numbers

mHUB loves new product ideas. We invest in new product businesses. mHUB’s unmatched resources help exceptional startups turn their product ideas into scalable, sustainable product businesses.

01

$175K
invested

Initial investment of $75K in cash and $100K in services, programming and hardware for 5-8% equity

02

6-month
accelerator

Hands-on accelerated incubation, with 18 months of follow-on support

03

$6M of
equipment

10 micro labs and state-of-the-art prototyping equipment

04

1000+
innovators

Embedded in a thriving collaborative innovation ecosystem

05

55
workshops

Robust curriculum led by technical and industry experts

06

#2 Manufacturing Region

Deep network into U.S. manufacturing supply chain

mHUB Startups

The mHUB community includes over 350 cutting-edge hardtech startup current members and alumni from a wide variety of industries who play a valuable role in the collaborative innovation ecosystem you will benefit from participation in.

All
female entrepreneur prototypes physical product at mHUB through accelerator program Learn More
women in manufacturing speakers panel
product developer adds circuit board to enclosure

Our Program

Six months of deep
dive incubation.
Six cohorts.

Taking place in Chicago, the heart of US manufacturing and engineering ingenuity. The program is currently set to run through 2023 with two cohorts in each of the following categories.

  • Cutting-edge medtech companies that have the potential to transform healthcare. With support from corporate partners, Baxter and Edward-Elmhurst Health Venture Capital, and community partner, MATTER.

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  • Energy, climate & clean tech changing the way we power the world. In partnership with Invenergy and Nicor Gas/Southern Company and supported by Evergreen Climate Innovations and Perkins Coie.

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  • Next generation connected devices for advanced manufacturing in Industry 4.0. With support from corporate partners, Avnet and Panduit.

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mHUB Product Impact Fund I

mHUB’s Product Impact Fund I is a $15M
venture fund that invests in seed and
early stage physical product and hardware
companies with deployment from
2020 to 2023.

AMPER OEE & Machine Monitoring at Demo Day in 2019

mHUB’s Product Impact Fund is designed to support the acceleration of early-stage hardtech innovation in the U.S. The fund intends to invest in 60 startups that participate in six sector-specific cohorts (i.e., 10 per cohort) of mHUB’s Accelerated Incubation program. The Fund expects to make an initial investment in each startup in the first IIoT cohort of $75,000 cash, and $56,750 for certain fees related to product development, resources and programming during a six-month highly structured incubation (with two full years of support) in exchange for 5-8% equity in each startup. The Fund also intends to reserve a portion of its capital for follow-on investments in a select set of the startups.

Contact us regarding opportunities with our startups.

Invest with Us

Intrigued? Apply to the mHUB accelerator program today.

Apply Now

About mHUB

Located in Chicago Illinois, mHUB is a leading independent hardtech and manufacturing innovation center that exists to convene the entrepreneurial ecosystem around physical product innovation to ensure that the manufacturing industry continues to accelerate, grow and thrive. The mHUB community includes over 350 active and alumni startups and small businesses supported by a deep talent pool of product designers and developers, entrepreneurs, engineers and manufacturers, corporate leaders, industry experts, mentors and investors. mHUB provides a hyper-resourced environment to entrepreneurs with the goal of commercializing new hardtech innovation that will lead to new businesses, intellectual property, investment, revenue and job creation.

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