Verizon and Canadian incubator Centech announced the results from the first cohort of startups and scaleups in a 5G development hub in Montreal.
Launched in May 2022, the 5G development hub aims to boost innovation in multiple industries including manufacturing, supply chain, transportation, smart cities, energy and utilities.
Seven startups were selected to participate, and worked alongside network experts from Verizon to create new 5G use cases and to incorporate 5G and MEC-enabled technologies into their services. Selected companies tested their solutions on Bell’s 5G network and mobile edge computing platform and benefited from Centech’s mentoring on business development and growth strategy. The initiative also offers co-working space at Centech during the program as well as investment and/or partnership opportunities through the Centech ecosystem.