EvoNexus and Qualcomm are seeking the first cohort of applicants for their 5G incubator program, announced in July.
The program will assist early-stage companies build 5G use case businesses. EvoNexus will serve as the incubator for the businesses, with Qualcomm the program sponsor.
“EvoNexus and Qualcomm have over a decade of experience in accelerating early stage companies, building scalable new products for the wireless innovation economy,” said Rory Moore, CEO and co-founder of EvoNexus.
“Qualcomm is developing innovative solutions across the entire 5G value chain and is committed to support the roll out and adoption of 5G,” said Brian Modoff, executive vice president for strategy, M&A and ventures at Qualcomm. “Through our EvoNexus sponsorship, we will be supporting early-stage ventures developing new use cases that leverage 5G’s unique capabilities.”
Announcing the application process, EvoNexus provided the criteria for selecting applicants to join the incubator program:
- Uniquely enhanced by 5G.
- Have a product which will unlock significant value for the 5G ecosystem.
- Leverages 5G-specific characteristics.
- 5G enabling technologies.
Applications will be accepted for the first cohort until October 16th, 2020. More information about the program and application process are available on the EvoNexus website here.
Companies applying can be located anywhere. EvoNexus’ virtual incubation program provides the same long-term experience, resources and support as its residency program.
“EvoNexus has a proven process that enables startups to take their plan from early design to a minimum viable product and early customer traction,” said Moore.