About the Challenge
5G has the potential to transform the retail experience. Faster mobile connectivity will unlock and scale new experiences that offer customers and retailers new ways to shop and run their business. Worldwide spending on immersive AR and VR experiences applications in retail is expected to reach approximately $59B by 2020.
Verizon 5G Labs is already experimenting with compelling use cases that showcase how 5G and edge computing will solve pressing challenges for retailers and small businesses. Verizon announced that 5G infrastructure is coming soon to New York City, and will have a great impact businesses in your neighborhoods.
To identify and scale solutions in 5G and retail, NYC Media Lab and Verizon 5G Labs are launching the 5G Retail Prototyping Challenge. We’re looking for products, solutions and talent to help bring imaginative ideas to life for local retailers.
Eligibility: The 7-week prototyping Challenge is open to two core participants
Innovative companies who have a current product or service ready to deploy in the retail space, particularly companies who are intersted in exploring cutting-edge 5G capabilities with Verizon.
Researchers who focus on data, engineering, spatial computing, design, and UI/UX, and more who are looking to gain experience and learn what's possible with 5G.
Following the application process, NYC Media Lab will select and match startup and university talent to solve retail challenges with 5G solutions. Startups and universities will work together in 5 teams throughout the 7 week program.
How it Works
NYC Media Lab & Verizon Will:
Select up to 5 startups with compelling solutions that solve specific challenges for retailers and small businesses.
Select and pair up to 5 university fellows with a startup throughout the course of the challenge to work alongside the startups.
Pair these teams with retailers and small businesses located within NYC to build, test and refine their products to solve specific challenges.
Selected startups and university fellows are required to:
Participate in the full 7-week prototyping sprint.
Meet weekly beginning on October 21, 2019 and ending on January 14, 2020.
Present and demo solutions on the 5G node during the National Retail Federation in January 2020 at Verizon 5G Labs in NYC.
Selected Challenge participants will gain access the following:
$10K: Awarded to selected startups.
$5K: Awarded to selected university fellows.
Verizon 5G network at The Alley Powered by Verizon in Chelsea, NYC.
Verizon is opening up the 5G network for developers to build on!
Support & Space:
Access to advisors across Verizon, including experts in 5G, edge computing and product development.
Co-working space at The Alley Powered by Verizon in Chelsea, NYC.
Join UPCOMING Info Sessions
Hear from NYC Media Lab leadership who will share details about the program and how to craft a great application! RSVP for the info sessions below. Once you register, you will receive an email with the ZOOM link to sign into the virtual conference call at the time of the session.
Monday, October 21 (12:00PM - 1:00PM). RSVP here. (Virtual Session)
Monday, October 21 (6:00PM-7:00PM). RSVP here. (In-person Session at Alley Powered By Verizon)
Wednesday, October 23 (12:00PM - 1:00PM). RSVP here. (Virtual Session)
Program Timeline & Commitment
Friday, Oct. 25th (11:59PM EST): Application Deadline
Week of Oct 28th: Finalist interviews (startups and university fellows)
Friday, Nov. 1st: Selected startups and university fellows notified
Thursday, Nov. 7th: Challenge Week 1
Kickoff with stakeholders (Verizon, BID, awardee teams)
5G Orientation & access to Alley & intro to retailers
Thursday, Nov. 14: Challenge Week 2
5G & network orientation
Thursday, Nov. 21: Challenge Week 3
Startups meet with retailers in-site in Brooklyn
Thursday, Nov. 28: Thanksgiving break
Thursday, Dec. 5: Challenge Week 4 - Midpoint
Startups progress update
Thursday, Dec. 12: Challenge Week 5
5G Office Hours & retailer collaborations
Thursday, Dec. 19: Holiday
Thursday, Dec. 26: Holiday
Thursday, Jan. 6: Challenge Week 6 - Final Intensive
Final presentation critiques
Final 5G network testing
Week of Jan 13th: Prototyping Week 7
Deadline: Friday, October 25, 2019 (Midnight)
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