Innovation is critical for businesses to survive and thrive in today’s competitive marketplace. The Business Innovation Facility (BIF) was created to help businesses incubate and commercialize new ideas. The BIF provides access to funding, expert advice, and resources to help businesses turn their innovative ideas into reality. Through the BIF,
Business Innovation Facility helps merchants and large organizations apply customer-centric tools and design methods to developing, validating, and prototyping new business models that spur growth. One way we achieve this is by extending design thinking’s customer-centric nature to the viability phase of your company’s innovation process.