CSIT Labs is launched: An incubator programme designed to engineer viable ventures in cyber security
A new incubator programme, CSIT Labs, designed to support new cyber security ventures start, scale and engineer minimum viable product that has a clear market fit has been launched by Queen’s University Belfast’s Centre for Secure Information Technologies (CSIT), the UK’s national Innovation and Knowledge Centre for cyber security.
Recent high profile cyber security breaches show the significant costs to businesses, including loss of customer trust and shareholder value. The UK Government’s recent announcement that funding for cyber security is set to double to £1.9bn by 2020 highlights the importance being placed on tackling cyber crime and the scale of the economic and commercial opportunity available for innovative new technologies and companies in this area.
CSIT has established a reputation as a global innovation hub for cyber security. The CSIT Labs incubator programme will enable teams from wider UK academia, organisations and start-up/SMEs to benefit from its experience, ecosystem and world leading engineering capability.
For more information go to the CSIT Labs website