Jun 09, 2016 08:42 AM EDT By Marcus Vaflor, UniversityHerald Reporter

University of Phoenix is set to launch a one-of-a-kind, state-of-the-art innovation center in Las Vegas. Visitors at RedFlint Innovation Experience Center will be provided the opportunity to innovate their companies and careers to be more relevant in today's business climate.

With a scheduled opening in September at the Bank of America Plaza building located in downtown Las Vegas, RedFlint will offer various technologies and business ideas to help address common business problems including stagnation for established companies and inadequate financial resources for growing ventures, San Francisco Gate reported.

RedFlint's facilities will include an "experiential laboratory" that will offer business and market-intensive workshops that are easy to understand and access to the latest technological resources. Its program is hinged on three main outlines: educate, incubate, and accelerate.

The launch is being spearheaded by University of Phoenix's College of Information Systems & Technology and School of Business in collaboration with Iron Yard Ventures.

In particular, RedFlint will primarily cater to Las Vegas' business and education community--a move welcomed by the city mayor.

"Las Vegas is a growing technology and innovation hub, and we are so pleased to welcome University of Phoenix downtown where everything is happening," Las Vegas mayor Carolyn G. Goodman said.

Dennis Bonilla, the executive dean of University of Phoenix's Information Systems & Technology, said it was important for both professionals and businesspeople to familiarize themselves with today's technology and make innovations. Otherwise, they may fall behind in their respective fields.

He also touted the potential of RedFlint, saying the facility's resources "can help bridge these gaps" and make learning easier for visitors.

Ruth Veloria, executive dean of University of Phoenix's School of Business, agreed and said RedFlint can help unlock growth among professionals and businesspeople. The center, she added, will allow them to learn to use every technological and market advantage they can get while avoiding costly business mistakes, Business Wire reported. 

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