Incubator · Chicago, Illinois, United States

mHUB

Chicago hardtech innovation centre where physical-product startups rent workspace and use shared prototyping labs, mentors and supplier networks, with a separate six-month accelerator that invests for equity.

Status unknown

Verified 18 October 2026 · From the programme's own pages

Terms

Funding
not published The accelerator invests US$142,500 in cash plus US$60,000 in services, programming and hardware through the mHUB Product Impact Fund
Instrument
not published
Equity taken
not published Takes no equity from members; accelerator companies give 6.5% equity in exchange for the investment
Programme fee
not published Monthly membership tiers listed in October 2026: shared co-working US$335, reserved desk US$450, dedicated office from US$1,350, social US$125; shop-only access is US$450 per 10 uses. Materials and fabrication services cost extra.
Duration
not published
Cohort size
not published
Cohorts
not published
Delivery
In person
Stages
Pre-seed, seed
Sectors
Hardware, Medtech, Energy, Climate
Open to founders from
not published
Perks
  • Prototyping labs
  • Design and CAD/CAM software licences
  • Mentorship programme
  • Investor and corporate connections
  • Regional supplier network

The accelerator runs for six months with 18 months of follow-on support and focuses on sustainable manufacturing, industrial IoT, medtech and energy tech.

Application dates

Status unknown

Dates not published.

Who can apply

  • Membership review looks for physical product design innovators; non-technical founders can join
  • The accelerator is application-based, separate from general membership, and for early-stage startups building a physical product
  • Stage: pre-seed, seed

What founders should check

  1. Equity: Takes no equity from members; accelerator companies give 6.5% equity in exchange for the investment. Ask for the exact stake before you accept a place.
  2. Fees: Monthly membership tiers listed in October 2026: shared co-working US$335, reserved desk US$450, dedicated office from US$1,350, social US$125; shop-only access is US$450 per 10 uses. Materials and fabrication services cost extra.
  3. It runs in person in Chicago. Plan to be there for the length of the programme.
  4. Dates for the next cohort are not published.

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