• By submitting an application, each Applicant warrants and represents the following with respect to its application: (a) Applicant is the sole and exclusive owner of its submission and that submission is not subject to any claim of ownership by any third party; (b) the idea, concept, product or technology in the application are Applicant’s own creation and is 100% original; and (c) the idea, concept, product or technology in the application will not infringe on any intellectual property, proprietary, moral, or other rights of any third parties.
  
• Participants will be required to execute an agreement that contains basic terms about participation in the 5G Studio, including confidentiality.
  
• Participants are responsible for their own travel arrangements and costs/expenses, and for obtaining all necessary travel documents, including valid passports and visas, and for complying with all health or other government regulations required for travel to New York City.
  
• No legal advice, including regarding intellectual property, will be provided to Participants.
  
• Newlab reserves the right to cancel, terminate, modify or suspend the 5G Studio.
  
• U.S. law applies.
  
  
  

• The 5G Studio is open only to corporate entities organized under the laws of the United States with 200 employees or fewer.
  
• Applications from companies at all stages of maturity will be considered.
• To be eligible to participate, Applicants must own (or have the legal right to use) the rights to any intellectual property related to all technologies, products, solutions, etc. included in their applications.
  
  
  

• Employees, officers and directors of Verizon Innovation LLC (“Verizon”) and New Lab, LLC ("Newlab"), and all of their respective parent companies, subsidiaries, affiliates, partners, dealers, agents, advertising/promotion agencies and vendors, and all of their respective immediate family and household members are not eligible to apply or participate.
  
• Any individuals or entities sanctioned or otherwise restricted under laws administered by the U.S. Departments of Commerce, State or the Treasury are not eligible to apply or participate.
  
  
  

Applications will be assessed by Newlab and Verizon decision-makers, and potentially by external industry experts and/or business subject matter experts.

Applications will be considered based on (i) ability to articulate and demonstrate how 5G can take the, concept, product or technology to the next level; (ii) how the concept, product or technology will creatively utilize and implement 5G to fundamentally change one or more of the four industry focus areas outlined above; and (iii) ability to paint a picture and provide line of sight into the art of the possible, thanks to the power of Verizon’s 5G Ultra Wideband. Note: This is a guide for how your application will be reviewed, and it is at the decision-makers' discretion to evaluate applications on criteria not included here.

We anticipate a maximum of six (6) Applicants will be selected as Participants to participate in the 5G Studio at this time.

Once 5G Studio Participants are selected, they will work for approximately three to four (3-4) months to design, execute, and test their solutions on Verizon’s 5G Ultra Wideband network. Once the concept is finalized, Participants will spend time onsite at Newlab to develop their application over the 5G network.

5G Studio Participants will be provided with a 6-month Newlab Flex II membership (valid for two individuals, and starting when the Participant is notified of selection), which provides flexible access to Newlab's 84,000 square foot space in the Brooklyn Navy Yard, access to a peer community of 160+ companies scaling transformative technology, and offers collaborative workspace and onsite prototyping resources, including 3D printing, CNC milling, wood and metal shops, casting, and finishing, textiles, electronics, and more.