Accelerator
mHUB is the largest independent innovation center for hardware and hardtech in the United States, hosting multiple accelerator programs and a fellowship track. The organization provides comprehensive support for manufacturing, industrial IoT, medtech, energy tech, and sustainable manufacturing startups through access to $6M in equipment, expert mentorship, and capital. The core accelerator lasts 6 months with an additional 18 months of support, totaling 24 months of engagement.
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mHUB focuses on supporting hardware and hardtech startups that drive innovation in manufacturing, energy efficiency, and medical technology. The program aims to enhance manufacturing competitiveness and sustainability through access to resources and mentorship.
Applications are open year-round with rolling cohorts. Interested startups can apply directly through the program's website.
Participants receive a direct investment of $142.5K in exchange for 6.5% equity, along with $60K in services and hardware.
There is no cost to participate in the program, as it is funded through investments and partnerships.
The program runs on 6-month cycles with an additional 18 months of follow-on support.
Participants are expected to commit full-time during the 6-month accelerator phase, followed by ongoing support for an additional 18 months.
The program is based in Chicago and requires in-person participation in its facilities.
mHUB has been recognized by Fast Company as one of the Best Workplaces for Innovators in 2025 and has received coverage for its impact on the hardtech ecosystem.
Applicants should clearly articulate their value proposition and how their technology addresses market needs. Engaging with mentors and leveraging available resources is crucial for success.
Q: What types of startups are eligible? A: Startups in hardware, industrial IoT, medtech, energy tech, and sustainable manufacturing are eligible. Q: How much funding do participants receive? A: Participants receive $142.5K in cash and $60K in services/hardware.
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