GCHQ and the Department for Culture, Media and Sport have launched CyberInvest, a new £6.5m industry, and Government scheme to support cutting edge cybersecurity research and protect the UK in cyberspace.
The scheme enables the industry to draw upon the expertise of GCHQ, EPSRC and leading academics, and invest in the strategically important research areas critical to protecting the UK.
Launched at IA15, the Government’s high-profile information assurance event, CyberInvest will build a community of industry, government, and academia who are committed to sustained investment in cybersecurity research. Whilst many companies invest in research, some find it difficult to target the right opportunities, and where investment is made, it is not always visible or focused. CyberInvest will provide a forum for the latest in cybersecurity research, drawing upon the expertise of GCHQ, leading academics and industry.
At the opening of IA15, the Rt Hon Ed Vaizey MP, Minister for Culture and the Digital Economy, said:
"CyberInvest is an exciting initiative which brings industry, Government, and academia together, and builds on the UK's reputation as a global leader for cybersecurity research. Over the last 4 years, we have invested over £20 million in UK cybersecurity research, and the new CyberInvest scheme will play an important role in our ongoing work to help protect UK citizens and businesses online."
The UK is a thriving center for world-leading research and its application across the breadth of cybersecurity subjects. This continues to attract a growing body of world-class academics that can see long term career opportunities in their fields; facilitating cybersecurity innovation, creating new opportunities for growth and helping the UK remain at the forefront of cybersecurity research.
Existing UK cybersecurity research funded through the NCSP and EPSRC has helped to develop innovative and ground-breaking products, such as funding nearly 100 Ph.D. research students and contributing to the recent CESG password guidance.
Companies of all shapes and sizes are encouraged to join the CyberInvest partnership in recognition of the widespread interest in this area of research. Minimum investment levels range from £10k for micro companies (<10 people) to £500k (>250 people). To date, 18 companies have committed to invest £6.5 million over the next 5 years.
For more information about joining CyberInvest, or to register your interest, email email@example.com.