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The Government has announced the first Accelerator for Department for Culture, Media and Sport (DCMS), Wayra UK and GCHQ, which will see investment in two world-class cyber innovation centres.

The Accelerator is a first for Department for Culture, Media and Sport (DCMS), Wayra UK and GCHQ, and will be huge boost to rapidly growing cyber security sector worth almost £22 billion to the UK economy.

The groundbreaking partnership between DCMS, GCHQ and the nation’s top tech start-ups is designed to develop new technologies aimed at protecting the UK from cyber attacks. Wayra UK, part of Telefónica Open Future, has been chosen to run a new cyber accelerator facility, which will be based at a new Cheltenham Innovation Centre and is due to open around the turn of the year. The aim of the facility is to of help UK start-ups grow and take the lead in producing the next generation of cyber security systems.

The tie-up is the first step in the development of two world-leading innovation centres as part of the Government’s £1.9bn National Cyber Security Programme, with The Department for Culture, Media and Sport contributing £50m over the next five years to deliver the two innovation centres.

The programme will see start-ups gaining 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, as well as fast-tracking new firms into the booming cyber security sector.

Minister of State for Digital and Culture Matt Hancock MP said: “We are making progress in our ambitious programme to support innovation in cyber security, grow the UK’s thriving sector and protect Britain from cyber attacks and threats. Our two new Cyber Innovation Centres will bring together government, academic and business expertise, and will be invaluable in helping support start-up companies and develop world-class cyber technology.”

A second innovation centre will open in London in 2017.

Gary Stewart, Director at Wayra UK and Telefonica Open Future (UK), said: “Wayra and Telefonica Open Future are immensely proud to be working in partnership with GCHQ on bringing further growth and opportunity to the UK’s cyber security ecosystem. Our shared vision will not only safeguard the country against cyber threats but also increase opportunities for UK-based start-ups and help establish the UK as a global hub for cyber talent.”

Chris Ensor, Deputy Director for Cyber Skills and Growth, GCHQ, said: “I’m really excited to be working with Wayra UK and the start-ups on what is a really novel project. Combining the knowledge and experience of GCHQ staff with some of the country’s newest start-ups and most creative entrepreneurs is really powerful combination and one I’m confident will deliver benefits to the cyber security of the UK.

Cyber security is a team sport and as threats become more prolific and more complex, we should be sharing our experiences and views because there’s so much we can learn from each other.

David Plumb, Digital Director at O2, said: “This is an excellent partnership and great opportunity for all of us to work together to not only support the UK economy but also encourage businesses to take a real interest and invest further in cyber-security. We’re devoted to ensuring our customers’ lives are made easy and security is a priority here.

“We’re pleased to see government investment in security, UK business nurturing and the level of expertise being shared through this partnership and I’m looking forward to seeing the benefits realised for customers.”

The cyber security industry is a top grower in the UK, with some £1.8 billion in exports last year, growing from £17.6 billion in 2014 to almost £22 billion in 2015.

 

 

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Post written by: Vicky Maggiani

Vicky has worked in media for over 20 years and has a wealth of experience in editing and creating copy for a variety of sectors.

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