Verizon Ventures is thrilled to announce the launch of Verizon Media Tech Venture Studio, in partnership with R/GA Ventures. The program is now formally accepting applications from growth and early-stage companies with disruptive technologies that will shape the future of digital entertainment and media consumption. Areas of focus include, but are not limited to: content creation and personalization, VR/AR, AI, image recognition, content distribution, interactive advertising, e-sports and other emerging digital media platforms.
Technology continues to disrupt the world of digital media and the rise of new media paradigms have reshaped how consumers interact and engage with content. Users increasingly expect delivery of personalized experiences that get smarter over time and access to content on their terms. Emerging companies that can deliver on these demands will represent the next wave of billion-dollar opportunities. Verizon is at the forefront of digital media and content with properties like Go90, AOL, Verizon Digital Media Services, and Envrmnt. This program is an expansion of that effort.
This partnership positions us to offer selected companies a complete package of tools to help develop their businesses. Up to ten companies from around the globe will have the opportunity to work closely with Verizon Ventures and Verizon’s digital media businesses to develop and scale technology projects. In addition, they will have the chance to work directly with R/GA’s award-winning strategic marketing, consulting, branding, design and technology teams. Most importantly, participants will have access to both companies networks of investors, mentors and global brand leaders from Fortune 100 consumer, enterprise, and technology companies.
Startups from around the world are encouraged to apply, and can submit their applications March 9th to May 30th, 2017. Selected companies will work in New York City, hosted at a brand new Verizon co-working space in the Flatiron district. This environment will allow companies to directly interact with product leaders from Verizon, AOL and Verizon Labs. The program will run from July 31st, 2017 through mid-November, concluding with an invite-only Demo Event at which each company will have the opportunity to present to investors, industry leaders and press.
We can’t wait to discover the best and brightest ideas in digital media and entertainment today. If you’re interested in submitting an application or have questions about the program, visit www.verizonventurestudio.com.