You Are Here:Home/Product and Innovation/Physical Product Innovation Center mHUB Awarded a $500,000 i6 Challenge Grant From the United States Economic Development Administration’s Regional Innovation Strategies
“mHUB is a key part of Chicago’s mission to stay on the
leading edge of innovation and manufacturing in the global
economy,” Mayor Rahm Emanuel said.
mHUB was recently awarded a $500,000 i6 Challenge Grant from the United States Economic Development Administration’s (EDA) Regional Innovation Strategies (RIS) program. This grant is bestowed on organizations that are focused on fostering innovation and helping entrepreneurs build businesses and create new jobs. The grants were announced by U.S. Secretary of Commerce Penny Pritzker. The i6 Challenge Grant will aid in building out the mHUB facility, supporting vital education programs and assist in securing advanced prototyping equipment necessary for driving innovation in the Chicagoland area. mHUB was chosen from a pool of more than 215 applicants, and this is the first time an Illinois innovation center has been awarded an i6 Challenge Grant after six years of applying. mHUB, which was announced in August, is on track to officially launch in early 2017. “mHUB is a key part of Chicago’s mission to stay on the leading edge of innovation and manufacturing in the global economy,” Mayor Rahm Emanuel said. “This i6 Challenge Grant will strengthen our efforts to support Chicago’s next generation of entrepreneurs and build on our legacy as a city that embraces the future.” Under the leadership of a diverse board and an extensive partnership network, this grant will also help mHUB accelerate the development and commercialization of new products, connect the physical product ecosystem, and provide an entry point for entrepreneurs to learn about, access, and test new...