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£5,000 for #Cyber Security Innovators

The GCHQ Cyber Accelerator is offering cyber security technology innovators £5,000 in grants and access to GCHQ, Telefonica and Wayra experts and networks to get their ideas off the ground.

The GCHQ Cyber Accelerator is a collaboration between the UK Government Department for Culture, Media and Sport (DCMS), the Government Communications Headquarters (GCHQ) and Wayra UK, part of Telefónica Open Future. The first step in the development of two world-leading innovation centres as part of the Government’s £1.9bn National Cyber Security Programme, it will drive innovation in the cyber security sector and help keep British businesses and consumers safe from online attacks and threats. Successful applicants will gain access to GCHQ’s world-class personnel and technological expertise to allow them to expand capability, improve ideas and devise cutting-edge products to outpace current and emerging threats. The partnership will help teams develop their businesses and secure the investment needed to take their companies to the next level. A roster of best-in-class coaches and mentors from GCHQ and the wider Telefónica Group – including O2 and ElevenPaths – will provide support.

Source: GCHQ | Wayra

Seven cyber start-up companies have already been selected to for the new GCHQ Cyber Accelerator programme:

  • CounterCraft, a counter-intelligence company protecting large organisations with a cyber security deception platform
  • Cyberowl, an early-warning system for cyber attacks
  • Cybersmart, an automation platform for cyber security standards
  • FutureScaper, offers data visualisations to simplify complexity and risk
  • Spherical Defence, a Banking API intrusion detection system
  • StatusToday, an artifical intelligence system to monitor human behavior in the workplace
  • Verimuchme, a digital wallet and exchange platform using ID-based crypto-technology
Minister of State for Digital and Culture, Matt Hancock, said of the new venture:
This is an important step in delivering our National Cyber Security Strategy, and supported by £1.9bn transformative investment in cyber security. Based in Cheltenham, the accelerator will help UK entrepreneurs create cutting-edge technology to better protect the nation from cyber attacks and make going online safer for all.
Photo: MOD Badge and IT Design (Crown Copyright).

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