Case study: Optus 5G Innovation Hub

Optus 5G Innovation Hub_Optus Copyright 2022 (6).jpg

Optus leveraged their partnership with Stone & Chalk to scout, vet and procure emerging tech startups and scaleups for their 5G Innovation Hub at 11 York Street, Sydney.

Background

The Optus 5G Innovation Hub is entirely powered by 5G as an enabler of emerging tech providing a space for startups to access, co-create and build or test tech-based products and technologies.

Learn more here.

Implementation

Stone & Chalk sourced and recommended startups and scaleups that are customer ready (MPV or PoC) to go to market that would benefit from the amazing speed and bandwidth that 5G has to support and enable their business and product.

The selected finalists gained access to the 5G space and technology tools, infrastructure and resources as well as:

  • 5G specialised knowledge from SMEs and industry experts
  • access to key decision makers and mentors within Optus
  • access to Optus customers, capital, talent and 5G tech
  • opportunities for referrals to Optus VCs and partners.
  • 42 potential candidates
  • 39 vetting interviews
  • 15 prospective startups delivered to Optus

Outcomes

  • 42 potential candidates
  • 39 vetting interviews
  • 15 prospective startups delivered to Optus

This partnership highlights how large corporations like Optus can tap into the startup ecosystem to drive innovation.