Cyber Security Academic Startup Grant

Summary:

The Cyber Security Academic Startup Accelerator Programme (CyberASAP) Phase 1, funded by Innovate UK and the Department for Science, Innovation and Technology (DSIT), empowers academics in the UK to turn their cybersecurity research into commercially viable businesses. It offers up to £800,000 in funding and comprehensive support to bridge the gap between academia and industry.

Sponsor:

• Innovate UK
• Department for Science, Innovation and Technology (DSIT)

Eligibility:

• Open to individuals based in a UK academic institution with a cybersecurity-related idea.
• You can apply as a single applicant or collaborate with colleagues.
• Your institution’s technology transfer office (or equivalent) must support your application.
• You must be committed to commercializing your idea and contributing to the UK’s cybersecurity landscape.

Benefits:

• Funding: Up to £800,000 to develop your venture through Phase 1 (idea validation and market exploration).
• Mentorship: Dedicated guidance from industry experts and experienced entrepreneurs.
• Training: Workshops and resources to refine your business model and pitch.
• Networking: Access to a supportive community of cybersecurity innovators and investors.
• Potential follow-on funding: Eligibility for Phase 2 (company creation and growth) upon successful completion of Phase 1.

Deadline:

• Application opens: February 5, 2024
• Application closes: March 6, 2024

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