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Digital Catapult has up to £1.1m in funding from the Department for Culture, Media and Sport (DCMS), to deliver Cyber 101. That’s to offer business advice and mentoring to new UK cyber security firms. The aim; to increase the size of the UK cyber security market and improve the success rate of firms in their early stages.
That’s part of the Government’s £1.9 billion National Cyber Security Strategy to protect the UK in cyber space and develop a strong UK cyber security industry.
Minister of State for Digital and Culture Matt Hancock said: “I’m delighted to announce up to £1.1m Government funding to help our small and medium cyber security firms get the support they need to grow their businesses. This will help keep us at the forefront of the global fight against cyber threats and attacks. We’re determined to make sure the UK remains a world-leading digital economy, the best place for innovative firms to start up and scale up, and that we are the safest place to live and do business online. This funding, delivered by the Digital Catapult consortium, and working alongside the new National Cyber Security Centre, will play a vital role in delivering those aims.”
The Cyber 101 project will be delivered by Digital Catapult with consortium partners including The Accelerator Network, the Centre for Secure Information Technologies (CSIT) and the VTC Group. It’s intended to run for four years starting with a pilot project between February and March 2017. Cyber 101 will provide cybersecurity companies across the UK with access to mentoring and advice, one day workshops, online learning content, plus connections to public and private customers and the investment community through an annual demonstration day.
The organisers add that training will be designed to help support cybersecurity businesses hone their business skills and will provide guidance on value proposition design, market validation, sales and marketing, risk management and compliance and digital tools that can help them expand and export.
Dr Jeremy Silver, CEO, Digital Catapult, said: “Cyber security is a tier one threat in the UK with the threat landscape evolving at a rapid pace. The Government is committed to supporting the UK’s ability to defend itself from cyber-attack and take action against cybercriminals. A significant part of this comes down to removing barriers to growth and supporting innovation in this space, in turn helping foster leading cyber security companies in UK. The Cyber 101 programme is specifically designed to help achieve these aims. Digital Catapult is uniquely placed to lead on this national programme thanks to its network of centres across the UK and its proven success in providing the technical expertise, connections and advice to help small businesses grow. The programme will address the specific needs of local cyber security SMEs and will provide valuable support to hundreds of UK cyber security firms.”
Cyber 101 will start in Northern Ireland and London as a pilot, before being scaled-up across the UK. The project will begin with workshops in London on March 10 and 16, 2017, and workshops in Northern Ireland on March 20 and 29. Cyber SMEs interested in taking part in workshops can apply via Digital Catapult’s Open Call.