Verizon issues $1 million "Built on 5G Challenge"

Verizon is offering up to $1 million in total grant funding as part of a  “Built on 5G Challenge”.

The funding will be provided to winning innovators to develop their concepts on live 5G networks located at Verizon’s 5G New York Lab, 5G Waltham Lab, 5G Cambridge Lab, and new locations being developed in Los Angeles, Palo Alto, and Washington, D.C. In addition, Verizon 5G Labs technical advisors will provide training and support to winning innovators.

“When we launched 4G, we couldn’t have imagined that it would enable applications like Uber and Netflix,” said Kyle Malady, Chief Technology Officer at Verizon. “5G’s unique speed, bandwidth and latency is about to usher in a new era of connectivity and innovation that many are already saying will herald a fourth industrial revolution. Now, as 5G becomes a reality for more consumers this year, we want to give innovators access to this game-changing technology to allow them to create use cases that no one has been able to dream up until now.”

https://www.verizon.com/about/our-company/5g/builton5gchallenge