mHUB, has announced the launch of mHUB Accelerated Incubation, a six-month, hands-on startup accelerator focused on the product development and commercialization of early-stage, high-potential physical product startups. mHUB Accelerated Incubation will focus on startups building and growing demand-driven technologies in industries such as Industrial Internet of Things (IIoT), medical devices, connected buildings and home, communication technologies, smart cities, smart mobility, and energy technology. The first cohort – focused on IIoT technologies – is accepting applications for the next 90 days at www.mHUBaccelerator.com. The IIoT cohort is supported by strategic corporate partners Avnet and Panduit, and will officially commence with teams onsite at mHUB beginning March 2021. A second cohort of the program focusing on medical devices and supported by lead partner Baxter International, Inc. is anticipated to begin in late 2021.
mHUB Accelerated Incubation will bring 10 high-potential startups from across the country to its Chicago-based innovation center to participate in an intensive six-month incubation program including rapid product development and prototyping, business development and leadership training, mentorship, customer validation and piloting. The startups will focus on solutions to IIoT market opportunities identified by mHUB, Avnet and Panduit. By engaging the cohort’s teams with corporate partners throughout the incubation, mHUB seeks to establish market demand for the startups’ solutions from the get-go. Startups will also be surrounded by mHUB’s broader community of hardtech startups, manufacturing industry experts and integrated U.S. manufacturing supply-chain. Beyond the formal six-month program, startups will maintain exclusive access to mHUB for a full two years.
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