Verizon Ventures and R/GA have launched Verizon Media Tech Venture Studio, a program that seeks early and growth stage companies that will shape the future of digital entertainment and media consumption.
The new program invites applications from innovative growth- and early-stage companies ia such areas as content creation and personalization, VR/AR, AI, image recognition, content distribution, interactive advertising, e-sports and other emerging digital media platforms.
The selected companies selected for the program will have the opportunity to work closely with Verizon Ventures and Verizon’s digital media businesses on product and technology projects. They will also work directly with R/GA’s strategic marketing, consulting, branding, design, and technology teams.
In addition, participants will be able to leverage Verizon’s and R/GA’s networks of investors, mentors, and global brand leaders from Fortune 100 consumer, enterprise, and technology companies.
Startups from around the world can submit their applications beginning on March 10, 2017 through May 30, 2017. Up to ten companies will be selected to participate in the program which will be hosted at a new Verizon-powered space in New York City’s Flatiron district.
The workspace will enable the companies to directly interact with product leaders from Verizon, AOL and Verizon Labs.
The program will take place in New York City and will start on July 31st, 2017, and will conclude in mid-November with an invite-only Demo Event, at which each company will have the opportunity to present to investors, industry leaders, and press.