mHUB guides founders in launching hardtech solutions in energy, health, and manufacturing, supports industry in solving complex challenges, and is committed to growing U.S. based manufacturing businesses.
mHUB Impact Report
The 2023 mHUB Annual Report, "Building and Bridging," chronicles an incredible year marked by securing the organization's new headquarters and solidifying mHUB as a national economic development institution.
Solving pervasive challenges for people and planet
The mHUB innovation center focuses programs and resources around solving challenges in three key sectors: energy; healthcare; and smart and sustainable manufacturing. By providing a hyper-resourced environment, from prototyping labs to mentors to pilot opportunities, mHUB is able to lower the barriers hardtech founders face such as higher capital expenses, longer runways, and the ability to access industry.
Outcomes of enabling U.S. hardtech innovation and commercialization
Creating jobs and growing economies
mHUB has supported over 500 manufacturing-based startups and 200 manufacturers in building and launching over 1,700 new hardtech solutions, generating 1.96B in revenue, and creating over 6,800 jobs since the organization was founded in 2017.
Strengthening local talent pools
In its work supporting startups, mHUB has attracted industrial designers, material scientists, engineers, computer scientists, business administrators, and more who use the mHUB ecosystem to find contract and full-time work.
Creating opportunity
mHUB is committed to serving all hardtech founders. Through its mPOWER and Landis Family Fellowship programs, mHUB has awarded over $440,000 in non-dilutive dollars and more than $155,000 in sponsored access to innovations with socio-economic needs.
Bolstering local supply chains
As startups seek contract manufacturers, mHUB makes connections to local suppliers to support local manufacturing economies, build supply chain resilience, and ensure the growth of critical technologies happens in the U.S. mHUB members spend $11M annually with manufacturers in the Midwest.
Economic impact of the mHUB startup community
$2.02B
Capital Raised
1,702
Products Launched
565
Patents Awarded
$1.96B
Revenue Generated
6,809
Employees Hired
Connectivity for the innovation ecosystem
mHUB knows that tackling large, pervasive challenges takes a systems approach and requires collaboration across public and private sectors to power impact. That's why the organization builds, leads, and participates in important collaborations that engage stakeholders across the innovation ecosystem.
mHUB is a 501c3 based in Chicago advancing U.S. hardtech innovation and commercialization. Support from our philanthropic partners expand our programing, deepen our capacities, and provide the infrastructure required to grow our local, national, and global impact. Your support enables:
Advancement of hardtech solutions for our people and planet, including technical support, prototyping labs, and pilot projects
Collaboration across Chicago’s innovation and manufacturing ecosystem
Cohort-based programming including mPower, Fellowship Programs, and our Accelerator programs
Creation of career pathways and job opportunities for diverse talent and entrepreneurs
Contact mHUB to discuss ways your family, foundation, or organization might collaborate with mHUB to positively impact humanity.
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