Business Innovation Hub
The Business Innovation Hub (BIH) was established with the purpose of making a difference for Small and Medium Enterprises that were impacted by the COVID-19 Pandemic. BIH’s goal is to help these businesses by implementing risk-free innovative solutions and finding new sources of revenue to make up for lost business. We identify business needs and create a proposal recommending creative solutions. We don’t charge for our services: all we ask is for a donation to Toronto Metropolitan University to keep this initiative sustainable (you receive a tax receipt for your donation). Every $1 donated allows REI to pay $3-4 to hire Ryerson’s top business students in the Co-op Program to work in BIH, and help alleviate historically high student unemployment.
Examples of BIH’s Innovative Services:
- Create social media content marketed towards youth audiences
- Design websites that will drive user engagement and increase revenues
- Build an e-Commerce store
- Find new sources of revenue to make up for lost business
- Video production and editing
- Implement an efficient curb-side pick up process
- Help apply for government grants
Visit the BIH Facebook page (external link) for more information.