We live in an era of digital world, which has brought business and technology together. In this world, innovation is a key factor in business development and overall betterment of society. If a creative and more effective idea gets a platform for proper guidance and implementation, it turns into an innovation. Industries are searching innovation through innovation centers. ‘InnoHubs’ is one such platform for transforming idea into innovation. It is to be built virtually for online mentoring by collaboration with industries, research organizations. This paper describes the working of InnoHubs, where a user will post his idea and will get guidance by expertise. The benefit of this system over traditional innovation centers is that, InnoHubs is not limited to a particular domain and eliminates the need of physical platform.