“Verizon is at the forefront of 5G innovation and we are excited about this partnership because we know that 5G will be a key platform for 21st-century innovation. We recognize with technology this transformative landscape for consumers, businesses, and society can be completely reimagined,” said Nicki Palmer, Chief Product Development Officer at Verizon. “We are enthusiastic about working with EvoNexus to further accelerate innovation in IoT, mobile edge computing, and other key 5G use cases through early-stage companies entering this incubation program.”
-Nicki Palmer, Chief Product Development Officer at Verizon
“5G is the foundation that will create a large number of new use cases and open a new realm of possibilities for 5G expansion across mobile broadband, compute, XR, industrial IoT, 5G private networks, and fixed wireless access,” said Dr. Quinn Li, SVP & Global Head Qualcomm Ventures. “As with every generation of cellular technology, 5G will provide early-stage companies the opportunity to create new services and technologies, leveraging the promise of 5G which includes multi-gigabit data rates, massive capacity, enhanced coverage, and lower latency. Through EvoNexus, we hope to support startups in their development of the most promising 5G use case.”
-Dr. Quinn Li, SVP & Global Head Qualcomm Ventures
EvoNexus will utilize its proven incubation program to attract and develop early stage ventures that accelerate and leverage the new 5G/AI ecosystem. EvoNexus and Qualcomm have over a decade of experience in accelerating early stage companies.
Following our selection process, companies that are:
- Uniquely enhanced by 5G & AI
- Have a product which will unlock significant value for the 5G ecosystem
- Leverages 5G-specific characteristics
- 5G enabling technologies
5G ECOSYSTEM FOCUS AREAS
5G Use Cases
EvoNexus Hybrid Incubation
1. FACILITIES-BASED INCUBATOR
Physically utilize our Class-A facilities in San Diego, Orange County and San Mateo and enjoy workspace, dry labs and more. The EvoNexus framework and model will be the same across all locations. Startups can leverage EvoNexus networks from any location, which include prominent CEOs, investors and domain experts. At least two full-time employees or founding members need to be on site throughout the term of incubation.
2. VIRTUAL INCUBATOR
Work from anywhere throughout North America all while enjoying the unique benefits from our incubator program. EvoNexus now offers the option to participate in our individualized milestone-based program virtually. Regardless of location, we will provide the same long-term incubation experience, resources, and support using the latest video conferencing technology to guide startups towards longstanding success.