iHub

What iHub does

iHub (legally the Innovation Hub Foundation) is a 501(c)(3) nonprofit startup incubator headquartered in a 50,000 sq ft facility in Provo, Utah, serving early-stage founders from idea through product-market fit and initial scaling. The organization was co-founded by Corbin Church and Spencer Rogers to provide the Utah entrepreneur community with a physical infrastructure and mentorship support system that the founders themselves wished they had had. iHub operates the Innovation Forge, a structured three-stage acceleration program — Blueprint (4–12 weeks) for model validation and first revenue, Foundation (8–16 weeks) for repeatable revenue and unit economics, and Elevation (10–20 weeks) for scaling to $1M+ ARR and follow-on funding — paired with dedicated mentorship at each stage.

The underlying platform is primarily physical rather than digital: a coworking Founders Floor with 24/7 access, a maker space equipped with 3D printers and prototyping tools, a fully licensed commercial kitchen for food and beverage startups, warehouse space with a loading dock, and a bookable conference room inventory. On top of this infrastructure sits a mentor network of more than 300 industry-specific advisors and a programming calendar of 150+ annual events including pitch nights, workshops, speaker series, and investor days featuring notable guests such as JetBlue founder David Neeleman, NFL Hall of Famer Steve Young, and Qualtrics founder Ryan Smith. The web presence is limited to a founder application flow (10-minute application, 48-hour review, 30-minute Founder Fit Interview) and a room reservation system.

The business model is philanthropic: as a registered 501(c)(3), iHub charges founders no monthly dues or membership fees and funds operations through donor and philanthropic contributions. Accepted founders gain access to all physical resources, mentorship, and programming at no cost, which is positioned as a core differentiator versus paid incubators. GTM is community-led and application-based, with sourcing reinforced by partnerships with the BYU Tech Transfer Office and University of Utah entrepreneur challenges. To date, iHub reports supporting 491+ founders, launching 275+ companies, and seeing portfolio founders collectively raise $23.6M, with named outcomes spanning mobility (Spot Parking, Turnkey Auto Solutions), healthcare (Monovo, NeuroNova), home services (Alta Water, Robinhood Roofing, Bin Blasters), defense (Lystrup Maher), food services (Vamo), and consumer products (Jili Bottle). Geographic focus is regional, centered on Provo, Utah.

Name

iHub

Legal name

Innovation Hub Foundation

Website

https://ihubutah.org

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

51–100 employees

Short description

iHub is a 501(c)(3) nonprofit startup incubator in Provo, Utah, offering early-stage founders free access to a 50,000 sq ft facility with coworking, maker space, commercial kitchen, and warehouse, plus a three-stage acceleration program and a 300+ mentor network.

Ownership category

akta.pro rank

Product category

Startup Incubator Services

NAICS

Educational Support Services (61171)

SIC

Services-Social Services (8300)

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

akta.pro secondary industry

Entrepreneurship Foundations & Startup Basics (EDAMAHAA)

Keywords

• Startup incubator
• Entrepreneurship programs
• Coworking space
• Mentorship network
• Prototyping facilities

Headquarters

HQ city

Pleasant Grove

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Donor/Philanthropic Funding: As a 501(c)(3) nonprofit organization, iHub operates primarily through donations and philanthropic contributions. The organization explicitly states no monthly dues or membership fees are charged to founders. Revenue is generated through donor support to fund the incubator's operations and mission of empowering entrepreneurs.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

iHub operates a nonprofit startup incubator providing early-stage founders with a three-stage structured program (Innovation Forge: Blueprint for validation, Foundation for unit economics, Elevation for scaling to $1M+ ARR), 50,000 sq ft of physical workspace including coworking, maker space, commercial kitchen, and warehouse, plus access to 300+ industry mentors and 150+ annual events. All resources are provided at no cost to accepted founders, with operations funded through philanthropic donations as a 501(c)(3) organization.

Product overview

iHub is a single, unified startup incubation platform offering the Innovation Forge three-stage acceleration program (Blueprint, Foundation, Elevation) along with physical infrastructure resources including the Founders Floor coworking space, Maker Space for prototyping, Commercial Kitchen for food startups, and Warehouse Space for fulfillment operations. The platform also provides access to a mentor network of 300+ industry experts and hosts 150+ annual events. All services are delivered through a 501(c)(3) nonprofit model with no monthly dues for founders.

Differentiator

Problem solved

Functional benefit

Products and services

• Innovation Forge Program A structured three-stage startup acceleration program guiding founders from pre-revenue validation through scaling to $1M+ ARR, with each stage offering defined milestones, dedicated mentors, and specific duration ranges. Intended for accepted early-stage founders committed to building scalable businesses.
• Founders Floor Coworking 50,000 sq ft coworking space with desks, meeting rooms, high-speed WiFi, and 24/7 access designed for deep work and collaboration among founders accepted into the iHub program.
• Maker Space Physical prototyping facility equipped with 3D printers, tools, and workbenches that allows founders to go from napkin sketch to physical prototype within a week without outsourcing. Targeted at hardware and product-development founders.
• Commercial Kitchen Fully licensed, production-ready kitchen facility available for food and beverage startup founders to test recipes at scale, meet health codes, and bring products to market faster without overhead of a private lease.
• Warehouse Space Flexible warehouse storage and fulfillment staging space with loading dock access, allowing founders to manage inventory and scale physical operations without the overhead of a separate lease.
• Mentor Network Access Access to a network of over 300 industry-specific mentors spanning every industry in Utah, providing stage-appropriate guidance to accepted founders. Includes connections to guest speakers with notable founder/executive backgrounds.
• Event Program Over 150 annual events including pitch nights, workshops, speaker series, and investor days designed for founder networking, learning, and exposure to investors.
• Conference Room Reservations Bookable private meeting spaces within the iHub facility, including the Baugh Conference Room, Hatch Conference Room, Moscrip Conference Room, Todd Pedersen Board Room, and additional call rooms for accepted members.

Quantifiable outcome

• 491+ founders supported and 275+ companies launched
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Y Combinator: Premier global startup accelerator offering structured programs, mentorship, and demo days to early-stage founders. Comparable to iHub in its application-based founder development and stage-based milestones, though YC operates virtually and at vastly greater scale with an equity-based model.
• Impact Hub: Global network of coworking and innovation spaces with a mission-driven focus on social entrepreneurship. Comparable to iHub in its community-led, physical-space-centric model and emphasis on mission-aligned founders, though operating at global scale and focused on social impact.
• Techstars: Global accelerator network running cohort-based programs with mentor-driven support. Directly comparable to iHub's three-stage founder development model, though Techstars typically takes equity and operates across multiple verticals and geographies, whereas iHub is Utah-focused and nonprofit.

Direct peers

• MassChallenge: Global nonprofit startup accelerator supporting early-stage founders through mentorship-driven programs with no equity taken. Closely comparable to iHub's nonprofit, no-fee model and cohort-based founder development approach.
• BoomStartup: Utah-based accelerator providing mentorship, capital, and a structured program to early-stage tech founders. Direct comparable to iHub's Innovation Forge, both operating in the same Utah ecosystem with stage-based programs and mentor networks.
• RevRoad: Utah-based startup accelerator and venture firm offering mentorship, resources, and capital to early-stage companies. Most direct geographic and operational peer to iHub, also serving Utah founders through a cohort-based model, though RevRoad takes equity where iHub operates as a no-fee nonprofit.
• Capital Factory: Texas-based incubator and accelerator offering coworking, mentorship, and programming to early-stage founders. Comparable to iHub in its physical infrastructure-led approach (coworking, maker space, events) and community-driven founder development, though serving a different geography.

Emerging players

• Buildly: Startup support platform offering structured programs and resources to early-stage founders. Partially comparable to iHub's Innovation Forge structured curriculum approach, though operating virtually rather than through a dedicated physical facility.

Regional players

• TechPlace at UVU: Utah Valley University-affiliated incubator providing workspace, mentorship, and prototyping resources to founders in Utah County. Geographic peer to iHub in the Provo/Orem region, with overlapping mentor networks and a similar focus on early-stage founders.

Others

• BioInnovations Gateway (BioUtah): Utah-based organization supporting life sciences and biotech entrepreneurs with resources and connections. Adjacent peer given shared Utah ecosystem and founder support mission, though focused specifically on biotech rather than multi-industry like iHub.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ihub-innovation-hub-of-utah-county
• Instagraminstagram.com/ihubutah
• Facebookfacebook.com/iHub-UT-61557513922149

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iHub