According to the BNB Chain blog post, BNB Chain and Binance Labs announced the joint launch of the BNB Incubation Alliance (BIA), an incubator designed to support and accelerate the development of early blockchain projects through a series of global activities. Winning projects in the program will have the opportunity to enter the Most Valuable Builder (MVB) program, receive BNB Chain funding, and receive potential Binance Labs investment opportunities.