The government has announced a new scheme to “spark a wave of growth” in the UK’s cyber sector.
Cyber Runway will offer masterclasses, mentoring, product development, support and investment to at least 160 entrepreneurs and small businesses over the course of 6 months.
It’s funded by the Department for Digital, Culture, Media and Sport and will be delivered by Plexal in partnership with CyLon, Deloitte and The Centre for Secure Information Technologies.
“COVID-19 has catalysed the need for effective cyber security across industries, and a record level of capital is being invested into the sector. But there is still a need for support for businesses at the earliest stages of their development and innovators and entrepreneurs from underrepresented communities still face barriers when entering the ecosystem,” explained Saj Huq, Director of Innovation at Plexal.
“These are challenges we look forward to addressing with Cyber Runway by supporting the best innovators, regardless of their background or geography, to thrive and grow.”
In the last financial year, the number…