During one of the keynote addresses at CES 2019, which is taking place this week in Las Vegas, Verizon CEO Hans Vestberg called on innovators to develop 5G concepts that will run on Verizon’s live 5G networks.
The “Built on 5G Challenge” is issued to innovators, makers, entrepreneurs and startups to create new ideas that will be tested in Verizon’s 5G labs located in New York and Massachusetts as well as new locations under development in Los Angeles, Palo Alto, California, and Washington D.C.
The challenge will issue up to $1 million in grant funding with submissions being accepted online beginning in the spring of this year. Winners will be judged on innovation, commercial viability and the impact and sustainability of the ideas in a connected world.
“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,” said Kyle Malady, CTO at Verizon. “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.”
