mHUB Product Impact Fund Grant
In context
This call is open to startups, at pre-seed and seed stage. Coverage is read from the notice itself: United States.
Early-stage HardTech startup fund providing $142.5K cash plus $60K in services and hardware for 6.5% equity, paired with 6-month accelerator and 18-month follow-on support. Targets startups in Sustainable Manufacturing, Industrial IoT, MedTech, and Energy Tech sectors.
About this grant
mHUB operates a 6-month startup accelerator programme for early-stage hardware and product development companies, with a focus on demand-driven HardTech solutions in Sustainable Manufacturing, Industrial IoT, MedTech, Energy Tech, and related sectors. The programme provides initial investment of $142,500 in cash plus $60,000 in services, programming, and hardware in exchange for 6.5% equity, along with 18 months of follow-on support. Startups gain access to state-of-the-art prototyping labs in Chicago, including 11 micro labs and $6 million of equipment, as well as mentorship from 50+ industry-leading mentors and partnerships with top medtech companies and research institutions. The programme includes over 100 hours of expert-led workshops and intensive development, positioning itself as supporting exceptional early-stage startups to turn product ideas into scalable, sustainable businesses.
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Eligibility
High-potential, early-stage startups building physical products or hardware solutions. The programme specifically targets companies working in Energy Tech (renewable energy, hydrogen, carbon capture, battery storage, natural gas efficiency, circularity, sustainable energy supply chains), MedTech (medicine delivery, remote patient monitoring, wearables, chronic disease management, connected therapeutic devices, detection and diagnosis, drug delivery), and Sustainable Manufacturing (IoT, predictive maintenance, machine-to-machine learning, edge computing, robotics, automation, quality control, equipment and warehouse monitoring, connected employees).
Key requirements
- ✓Early-stage HardTech startup with focus on Sustainable Manufacturing, Industrial IoT, MedTech, or Energy Tech
- ✓Willingness to accept 6.5% equity stake and participate in 6-month accelerator programme
- ✓Ability to benefit from 18 months of follow-on support and mentorship
Frequently asked questions
- How much funding does Accelerator, VC offer?
- mHUB Product Impact Fund offers up to $200K.
- Who can apply for mHUB Product Impact Fund?
- Eligibility covers organisations in US; startup. See the eligibility criteria above for the full conditions.
Relevant sectors
How this compares
- Compared with 29 similar grants (industry decarb in United States) listed in the last 12 months.
- Its value of $203k is above 13% of the 8 similar grants that state a value; their median is $2.0m.
- The same organisation listed 2 other similar grants here in the last 12 months.
Closest open grants
Figures are computed from notices listed on Raise Lens in the same sector and country over the last 12 months.
About this sector
Industrial decarbonisation funding helps heavy industry cut emissions through electrification, fuel switching, process change and efficiency. Support is often capital-intensive and tied to a specific site, with feasibility studies leading to larger deployment calls. Applicants need emissions baselines, engineering studies and a plan to keep production running during the change.
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