Community Improvement & Capacity Building
Mhub
CHICAGO, IL
Total revenue
$9.6M
Total expenses
$10.9M
Net assets
$7.9M
Grants received
$3.6M
31 grants
EIN
463388438
Tax year
2024
Mission
Mhub is the nation's largest and fastest growing innovation center for hardtech and manufacturing. Mhub is a community of product designers, developers, entrepreneurs, engineers, and manufacturers taking breakthrough products to market.
Programs
3 programs
Innovation center: a shared workspace community, within mhub, of product designers, developers, entreneurs, engineers and manufacturers who create breakthrough products in robotics, connected devices, sensors, energy tech, unmanned vehicles and other cutting-edge innovations by providing the right resources, mentorship, and access to manufacturing industry insiders. Mhub helps early-stage innoations go from prototype to product to sustainable business, driving a greater likelihood of success. Mhub's state-of-the-art 63,000 square foot facility features 10 unique fabrication centers to make the product development cycle as efficient/seamless as possible. Mhub provides resources for product design and rapid prototyping including a 3d printing lab, electronics labs, metal shop and more.
Mhub accelerator: mhub's accelerator program is a six-month program that pairs 8 - 10 demand-driven physical product startups from across the country with corporate leaders and investors for an intensive accelerator program including product development and prototyping, mentorship, business curriculum, and piloting. The startups will focus on technology challenge areas defined by mhub partners in each of the sector-specific programs. To help bridge the gap to market, participating partner engineers and business development leaders will provide guidance to the startups, who will retain access to mhub resources, partners and mentors for up to two years.
Catalyze initiative: mhub's catalyze initiative promotes wealth creation for a broader set of founders through a series of targeted programs and partnerships. By supporting entrepreneurs in the early stages of product development, catalyze sees the evolution of an idea from proof of concept to commercialization. Programs include granted partnerships with community-based business development organizations, the mpower pre-accelerator program for idea-stage startup founders, the landis family hardtech development fellowship for product engineers and founders, and grants for later stage r&d and product development.
Financials
FY 2024
Revenue
Expenses
People
35 listed
HAVEN ALLEN
CHIEF EXECUTIVE OFFICER & PRESIDENT
$519K
40 hrs/wk
MANAS MEHANDRU
CHIEF OPERATING OFFICER & TREASURER
$362K
49 hrs/wk
MELISSA LEDERER
CHIEF EXPERIENCE OFFICER & SECRETARY
$291K
45 hrs/wk
WILLIAM FIENUP
VP OF INNOVATION SERVICES & VICE PRESIDENT
$178K
40 hrs/wk
TRAVIS HUNTER
BOARD DIRECTOR
—
0.2 hrs/wk
MARK KARASEK
BOARD DIRECTOR
—
0.2 hrs/wk
STEVEN KASE
BOARD DIRECTOR
—
0.2 hrs/wk
KAREN KERR
BOARD DIRECTOR
—
0.2 hrs/wk
STEVE KOCH
BOARD DIRECTOR
—
0.2 hrs/wk
JEFF MALEHORN
BOARD DIRECTOR
—
0.2 hrs/wk
JEFFREY MARGOLIS
BOARD DIRECTOR
—
0.2 hrs/wk
DON MCNEILL
BOARD DIRECTOR
—
0.2 hrs/wk
MEREDITH O'CONNOR
CHAIRPERSON
—
0.2 hrs/wk
COREY RYAN
BOARD DIRECTOR
—
0.2 hrs/wk
THOMAS SIMEONE
BOARD DIRECTOR
—
0.2 hrs/wk
NICOLE STEVENSON
BOARD DIRECTOR
—
0.2 hrs/wk
JESSICA STRAUSBAUGH
BOARD DIRECTOR
—
0.2 hrs/wk
NANCY SULLIVAN
BOARD DIRECTOR
—
0.2 hrs/wk
BOB WEISSBOURD
BOARD DIRECTOR
—
0.2 hrs/wk
GARTH WALKER
BOARD DIRECTOR
—
0.2 hrs/wk
NICOLE WOLTER
BOARD DIRECTOR
—
0.2 hrs/wk
SHELLI NELSON
BOARD DIRECTOR
—
0.2 hrs/wk
KEVIN WILLER
BOARD DIRECTOR
—
0.2 hrs/wk
LAURA FERRIS ANDERSON
BOARD DIRECTOR
—
0.2 hrs/wk
JACOB BABCOCK
BOARD DIRECTOR
—
0.2 hrs/wk
JIAN CAO
BOARD DIRECTOR
—
0.2 hrs/wk
MEGAN CLIFFORD
BOARD DIRECTOR
—
0.2 hrs/wk
EDWARD COLEMAN
BOARD DIRECTOR
—
0.2 hrs/wk
MICHON ELLIS
BOARD DIRECTOR
—
0.2 hrs/wk
ERIN GUTHRIE
BOARD DIRECTOR
—
0.2 hrs/wk
THIERRY VAN LANDEGEM
EXECUTIVE DIRECTOR
$185K
40 hrs/wk
ALLISON WINSTEL
CHIEF OF STAFF
$157K
40 hrs/wk
KIMBERLY BLOMQUIST
SENIOR DIRECTOR OR MARKETING AND COMMUNICATIONS
$135K
40 hrs/wk
SHANNON MCGHEE
VP OF PROGRAMS AND ENGAGEMENT
$131K
40 hrs/wk
ELIZABETH ANDREWS
DIRECTOR OF STRATEGIC PARTNERSHIPS
$121K
40 hrs/wk
Independent contractors
RAINBOW CLEANING SPECIALIST INC
JANITORIAL SERVICES
ZLEVOR DESIGN LLC
PRODUCT DEVELOPMENT CONTRACTOR
MP CONSULTING LLC
PRODUCT DEVELOPMENT CONTRACTOR
BYTE WORD LLC
PRODUCT DEVELOPMENT CONTRACTOR
SKATE KASTLE LLC
PRODUCT DEVELOPMENT CONTRACTOR
Grants received
Showing 31 of 31
Funded by
$3.6M from 15 funders · 31 grants · 2017–2024
$1.7M · 3 grants · 2019–2021
$425K · 5 grants · 2018–2023
$300K · 1 grant · 2020
$300K · 1 grant · 2024
$250K · 1 grant · 2023
$180K · 4 grants · 2021–2024
$153K · 3 grants · 2020–2024
$150K · 1 grant · 2023