mHUB (IL) received a $300,000, three-year Seed Fund Support (SFS) grant from the EDA Regional Innovation Strategies (RIS) program. mHUB will use this grant to launch its Accelerated Incubation program and Project Impact Fund – an equity-based, seed fund capital program that will provide technical assistance and funding for regionally-based, cluster-focused manufacturing start-ups with the potential for high growth and job creation. It was one of 44 out of 183 applicants to receive funding from the 2019 competitive grant program.
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