Have a great idea for 5G? Verizon may give you a million dollars to make it happen

Think you've come up with a killer idea for exploiting the emerging next-generation wireless networks known as 5G? If Verizon buys into in your vision and considers it commercially viable, the company will issue you up to a cool $1 million in seed money. What's more, you'll be invited to develop the concept on live networks in one of Verizon's 5G incubator labs, in New York City; Cambridge, Massachusetts; Los Angeles; Palo Alto, California, and Washington, D.C. And Verizon will provide training and technical support to the chosen innovators. It's all part of a "Built on 5G Challenge" launched this week at CES in Las Vegas during a keynote address by Verizon CEO Hans Vestberg.