Everything you need
to accelerate
your product solution

Get funding and prototyping resources from the nation’s largest hardtech innovation & product development center.

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Explore

Explore MedTech

Cutting-edge medtech companies that have the potential to transform healthcare. With support from community partner MATTER.

Explore EnergyTech

Energy, climate, and clean technology ventures that are changing the way we power the world. In partnership with Clean Energy Trust.

Explore Industrial IoT

Next generation connected devices for advanced manufacturing in Industry 4.0.

MedTech Program Structure

Prototyping + Business Acceleration

Building a successful medtech business takes a whole lot more than coming up with a cool product idea

    • 55+ workshops and training
      • Financial Models
      • Corporate finance structures
      • Opportunity/Customer discovery
      • Constructing the pitch
      • Design for manufacturing
      • Supply chain/Quality control
      • Regulatory path
      • Reimbursement models
    • Assigned corporate partner mentors
    • Matched lead industry mentor
    • Prototype roadmap
    • Proof-of-concept prototype and sub-system development
    • Sub-system integration and refinement
    • Fabrication services
    • Low fidelity prototype
    • New product optimization ideation workshop
    • Test and iteration
    • Functional prototype
    • Clinical trial/pilot opportunities
    • Deep connections into healthcare industry ecosystem
    • Strategic healthcare VC investors
    • Access to 300+ healthcare industry networking events at mHUB and MATTER
    • Deep mentor pool with relevant industry expertise
    • Participation in two pitch days to industry
    • Membership access to mHUB and MATTER for two years

Program Timeline

Year 1Year 2
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DiscoveryMonths 01–02

Design & DevelopMonths 03–06

DeliveryMonths 07–24

Mentorship, Corporate Access & Technical AccessMonths 01–24

Meet Your Acceleration Team

We’re a passionate bunch of operators, entrepreneurs, engineers, investors and industry leaders with the right know how to guide our teams from point A to points B, C, and D.

Meet your mHUB Acceleration Team.

Heather Walsh

Executive Director, Medtech Accelerator
mHUB

  • Team

Melissa Lederer

Chief Experience Officer
mHUB

  • Team

Mel Cohen

Managing Director, Edward-Elmhurst Health Venture Capital
Edward-Elmhurst Health Venture Capital

  • Corporate Partner

Jim Martucci

Sr. Director, Tech Roadmaps & Exploratory Baxter Medication Delivery
Baxter

  • Corporate Partner

Jian Cao

Director
Northwestern Initiative for Manufacturing Science and Innovation
Northwestern University

  • Selection Support Committee

Ed Coleman

President and CEO
Bethel New Life, Inc.

  • Selection Support Committee

Meg Barron

Vice President, Digital Health Strategy
American Medical Association

  • Mentor

Tamara C. Baynham, Ph.D.

Founder & Principal Consultant
Ingenuity Medical Device Research

  • Mentor

Lyle Berkowitz, MD, FACP, FHIMSS

Physician, Informaticist, Innovator, Entrepreneur, Telehealth Expert and Venture Investor

  • Mentor

Vivek Bhargava

Senior Executive
MedEvolution, Inc.

  • Mentor

Arun Bhatia

Open Innovation & Startup Engagement Lead
Roche Diabetes Care

  • Mentor

Hiral Chandrana

Global CEO | Strategic & Digital Advisor
Mastek

  • Mentor

Caralynn Collens

Chief Executive Officer
Dimension Inx

  • Selection Support Committee
  • Mentor

Todd Cruikshank

COO
Surgical Innovation Associates

  • Mentor

Bill Fienup

Co-founder and Director of Innovation Services
mHUB

  • Team
  • Mentor

Mark Fisher

Principal
Mission Product Development

  • Mentor

Rich Ganz

Executive Chairman
Sentien Biotechnologies, Inc.

  • Mentor

Dimitra Georganopoulou, PhD

Innovation Leader

  • Mentor

Jon Handler

Senior Fellow, Innovation
OSF Healthcare

  • Mentor

Zach Kaplan

Chief Executive Officer
Inventables

  • Selection Support Committee
  • Mentor

Karen Kerr

General Partner
Exposition Ventures

  • Selection Support Committee
  • Mentor

Amy Kobe

Principal
Baird Capital

  • Mentor

Steven Kuemmerle

Executive Vice President of Operations
InspiroTec (Air Answers)

  • Mentor

Suzanne Lebold, Ph.D.

Life Sciences Executive

  • Mentor

Steven Lehmann

Director, Venture Operations
Portal Innovations

  • Mentor

Steve McPhillamy

Design Director
NEMERA

  • Mentor

William H. Nelson

CEO
Healthy Amplified

  • Mentor

Matthew Ross

VP, Strategic Ventures
Principle Business Enterprises, Inc.

  • Mentor

Maryam Saleh

Executive Director
Ed Kaplan Family Institute for Innovation and Tech Entrepreneurship

  • Mentor

Anna Lisa Somera

CEO
Rhaeos

  • Mentor

Carson Thomas Ph.D.

Vice President of Strategy & Development
Konica Minolta Healthcare Americas, Inc.

  • Mentor

Jay Walsh

Interim Vice President for Economic Development and Innovation
University of Illinois

  • Mentor

Lilli Zakarija

President
EdgeOne Medical

  • Mentor

Maureen Rinkunas

Innovation & Ventures Strategist

  • Mentor
Man wearing Intuitap Medical shirt

Investment

mHUB invests $75,000 in cash and $56,750 in product development resources and programming in a two-year, highly-structured incubation program in exchange for 5-8% pro rata rights.

Potential incremental investment of up to $230,000 in convertible notes from participating corporate partners.

More Details
woman wearing safety glasses prototypes in the wood shop at mHUB in Chicago

MedTech cohort
Technology Areas of Focus

Medical Technology Areas of Focus

Building a MedTech business is all about creating solutions to real problems.

mHUB’s corporate partners have a firsthand view of the industry challenges most in need of solving. That’s why each accelerator cohort has different partners supporting it who help in the product market fit. Partners provide invaluable healthcare industry intel, connections, manufacturing supply chain, pilots and investment opportunities. They will become your biggest supporters.

We are looking for breakthrough connected/IoT solutions focused in Medicine Delivery, Remote Patient Monitoring, Wearables, SmartHub solutions, Edge Computing, Robotics, Automation, and more. We’re excited to hear your ideas for where you see opportunity for disruption.

Challenge Statements

01

Chronic disease management tools

Full Description

Solutions that address the needs of patients with chronic diseases to improve quality of life such as predictive tools, home-based diagnostics, noninvasive remote monitoring and wearables.

02

Care management at home

Full Description

Health and Medical Technologies that support improved care in the home including remote patient monitoring.

03

Touchless technologies

Full Description

Technologies that reduce infection by eliminating the need to directly interact with interfaces in the hospital and the home.

04

Minimally invasive monitoring

Full Description

Minimally invasive technologies for measuring patient physiological states and driving toward more personalized delivery of therapy.

05

Low-cost analyte sensing

Full Description

Low-cost analyte sensing (e.g., blood gas panel, drug level, pathogens), operable in blood or dialysate, preferably in-line (i.e., no blood samples needed).

06

Health and Medical Technologies for detection or monitoring of life-threatening conditions

Full Description

Technologies that enable early detection and progression of organ injury or failure and life-threatening conditions.

07

Diagnosis and measurement of malnutrition

Full Description

Ways to diagnose and objectively measure malnutrition to allow early intervention and reduce risks of complications.

08

Connected therapeutic devices

Full Description

Connected therapeutic devices and novel technologies that reduce total cost of care and/or increase patient access.

09

Improved drug delivery methods

Full Description

Improved drug delivery methods including transdermal, IV, IV push, rapid infusion, and subcutaneous which reduce cost, control rate, accommodate variable doses, minimize or address required drug volumes, increase safety, and/or reduce patient discomfort.

10

Extracorporeal blood oxygenation and CO2 removal technologies

Full Description

Efficient, extracorporeal blood oxygenation and CO2 removal technologies which are less invasive than current ECMO technologies.

11

Technologies that improve surgical tissue repair, nerve repair/regeneration or vascular anastomosis

Full Description

Technologies that improve surgical tissue repair, nerve repair/regeneration and vascular anastomosis using bio/microsurgical approaches that accelerate healing and return to function and which may eliminate mechanical sutures, staples, etc.

12

Point-of-use water filtration for medical use

Full Description

Technologies for cost-effective, point-of-use water filtration that provides water safe for medical use.