mHUB is an incubator for physical product development and manufacturing headquartered in Chicago. It serves startups and manufacturing companies through its incubator, venture-backed accelerator, and research and development services.
Facility In 2023, mHUB opened an 80,000-square-foot innovation space set in the Kinzie Industrial Corridor, west of Chicago’s Fulton Market. The building is located in a federally designated Opportunity Zone. The building includes offices, prototyping labs, and testing facilities.
It relocated from a former Motorola Mobility (a Lenovo company) prototyping and testing lab where it launched in 2017.
Partners mHUB collaborates with industry partners such as Marmon, Arrow Electronics, Chamberlain Group, Chase, The U.S. Economic Development Administration, GE, Grainger, Dell, Constellation, KPMG, Baxter, and Endeavor Health.
Founding Catalyze, a coworking hub, World Business Chicago, and Mayor Rahm Emanuel kickstarted mHUB in early 2017. The non-profit 501(c)(3) organization opened on March 2, 2017, and was co-founded by Haven Allen, CEO, and Bill Fienup, Director of Innovation Services. Mayor Rahm Emanuel called the project "the final piece of the manufacturing puzzle."
mHUB Product Impact Fund I mHUB's Product Impact Fund I is a $15M venture fund that will invest in 60 early-stage physical product and hardtech ventures with deployment from 2020 To 2023. The Fund supports cohorts of the mHUB accelerator program and will make seed-stage investments of $75,000 cash and $56,750 in product development, resources and programming for 5% equity with pro rata rights.
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