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CyberInvest launch

by Mark Rowe

GCHQ and the Department for Culture, Media and Sport have launched CyberInvest. That’s a new £6.5m industry and Government scheme to support cyber security research with the aim of protecting UK cyber space. The scheme is for industry to pay to draw upon the GCHQ, EPSRC and academics.

Launched at IA15, the Government’s annual information assurance event, CyberInvest seeks to build a community of industry, government and academia in cyber security research. The Government says that while many companies invest in research, some find it difficult to target the right areas. Hence CyberInvest as a forum.

At the opening of IA15, the Ed Vaizey, Minister for Culture and the Digital Economy, said: “CyberInvest is an exciting initiative which brings industry, Government and academia together, and builds on the UK’s reputation as a global leader for cyber security research. Over the last four years we have invested over £20m in UK cyber security research, and the new CyberInvest scheme will play an important role in our ongoing work to help protect UK citizens and businesses online.”

UK cyber security research funded through the NCSP and EPSRC has helped fund nearly 100 PhD research students and contributed to the recent CESG password guidance.

Companies are encouraged to join the CyberInvest partnership in recognition of the widespread interest in this area of research. Minimum investment levels range from £10k for micro companies (<10 people) to £500k (>250 people). To date, 18 companies have committed to invest £6.5m over the next five years. For more about CyberInvest, or to register your interest, email [email protected].

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