Verizon announced “Built on 5G Challenge,” with $1M total grant funding.

To help jumpstart 5G developments, Verizon announced a "Built on 5G Challenge," urging entrants to create applications that take advantage of 5G connectivity. Up to $1 million in total grant funding will be awarded to 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, California; and Washington.