Tech Nation has launched its first UK-based cybersecurity growth programme, having chosen 20 cyber scaleups to join the network.
The Tech Nation Cyber programme aims to establish a community for UK-based cybersecurity companies to support the industry’s growth.
Of those to join, there are nine different cities to be represented including Reading, Belfast, Cheltenham, London, Glasgow, Bristol, Cardiff, Caerphilly and Brighton & Hove.
This programme is being funded by the Department for Digital, Culture, Media and Sport (DCMS) in line with the Government’s National Cyber Security Strategy, a five-year plan of £1.9bn to support growth.
In addition to this, established cybersecurity companies Tessian, Digital Shadows, Darktrace and CensorNet will supply advice and support to the six-month programme.
In addition to support form other players in the field, the cohort will have access to meetups and networking opportunities, and support on how to overcome growth barriers such as hiring the right people or expanding globally.
The cybersecurity companies to join the programme include: Corax, White Bullet Solutions, Awen Collective, Fortium, DynaRisk, iProov, Alliantist, Assuria, Lujam Security, CybSafe, Red Sift, Keepnet Labs, Novastone, Quant Network, SE Labs, XQ Cyber, Crypta Labs, My1Login, RepKnight and SaltDNA.
Applications for the group were reviewed by a panel of experts from the cyber space and included financial intuitions, private sector enterprises, government bodies, cyber companies, and investors. Assessment was made on the basis of their growth record to date, current scaling plans and expertise, and long-term business potential (both nationally and internationally).
Tech Nation cyber programme lead Ollie Bone said, “In recent years the success for a handful of UK Cyber Security innovators is more than could be imagined. They have enhanced the nation’s reputation for producing world-class technology, while also helping to pave the way for many more startups hoping to follow suit. Concurrently the market for cyber security is continuing to grow at a rapid pace and this conspires to make our cohort of scaleups exciting ones to watch.
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