Verizon will hand out up to $1 million in seed money for the best 5G ideas
How would you like to fund your great 5G idea with a check from Verizon? During his keynote speech at CES earlier this week, the CEO of the nation's largest wireless carrier, Hans Vestberg, discussed the company's "Built on 5G Challenge." The competition begins this spring, but in the meantime you can sign up with your email address to be notified when and how to officially throw your hat in the ring.
5G will bring much faster data speeds than currently available from 4G, giving mobile devices the ability to respond faster to a user's input. Not only will 5G impact how fast mobile devices send and receive data, it also is being touted as the technology that will bring improvements in health care, transportation, business, education and more.
"Calling all innovators. Enter the Built on 5G Challenge, a nationwide search for the biggest and brightest ideas that will bring the true power of 5G to life. Winners will be awarded up to a total of $1 million, gain access to our 5G Labs and more."-Verizon
Considering that Verizon is considering 5G to be the fourth Industrial Revolution (after steam engines, electrical modes of transportation, and the personal computer), the carrier is no doubt expecting the winning ideas to be truly outstanding commercial concepts. If you think that describes your 5G idea, don't pass up this opportunity to catch the eye of the people at Verizon. With the carrier's backing, both financial and technical, what started as an idea in the back of your mind could become a 5G innovation.
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