Published: October 21st, 2020
A special programme to help businesses harness the power of new 5G technology is calling for companies across the Marches to get in touch.
5PRING is the UK’s first 5G commercial application accelerator and aims to help organisations of all sizes throughout the West Midlands and beyond.
The programme has now launched a Green Innovation Challenge in partnership with the West Midlands Combined Authority’s (WMCA) and Suez.
5PRING’s Green Innovation Challenge will help to drive the delivery of the ambitious targets set out in the West Midlands’ WM2041 strategy, and the programme is encouraging small businesses looking to develop cutting edge technologies that reduce carbon emissions to apply and accelerate their solutions.
Applications will close on November 13 2020, with the programme running from January 4 to April 2 2021.
A spokesman said: "This programme provides later stage start-ups the opportunity to develop innovative and ambitious 5G solutions. We offer a tailored acceleration curriculum to our start-ups and give them access to our 5G test-beds and also provide technical and business support through our coaches, mentors and external speakers.
"The accelerator supports larger organisations in solving their challenges by adopting an open innovation business model and enabling start-ups to deliver their 5G propositions to these challenges by providing a direct route to market. We also give our start-ups the opportunity to raise investment by facilitating pitch slam sessions with investors-in-residence and external investors."
The accelerator, which is based in Birmingham, is looking to bring in companies that can tackle the following green innovation challenge areas:
Natural Capital -This challenge looks at solutions that address how different groups of people use and access green space across the UK.
Transport – This challenge looks at solutions that encourage businesses to deliver more sustainable modes of transport and make a significant impact to reducing carbon emissions.
Energy – This challenge will look at solutions that support and accelerate the move to low carbon power systems, as well as those that support the implementation of local energy systems.
Built Environment – This challenge looks at solutions for providing greater energy efficiency in existing and new builds.
Circular Economy -The challenge looks at the issue of reducing waste and pollution through enabling and encouraging businesses to reuse and repurpose products and materials.
Behavioural Change – This challenge looks at solutions that make it easy to alter behaviours to be more environmentally conscious.
Water – This challenge looks at solutions that help businesses use less water.
More details and application forms are available at https://www.wayra.uk/programs/5pring