Government to foster 70 start-ups at £13m London cyber centre

Written by Sam Trendall on 11 April 2018 in News
News

Development in Stratford could create 2,000 jobs, government claims

 

The centre will be based at the Queen Elizabeth Olympic Park in Stratford in east London  Credit: Dominic Lipinski/PA Archive/PA Images

The government is putting £13.5m into the creation of the London Cyber Innovation Centre, which it claims could create 2,000 jobs and establish the UK as a global leader in cybersecurity.

The centre, which was officially launched this week, is conceived as a hothouse for start-ups, who will be given the chance to work with large companies in trying to define and solve the key cybersecurity challenges currently facing organisations. Up to 72 companies will be chosen to receive a three-year programme of bespoke support. Other start-ups will also be able to use the facilities.

The centre will be based at the 1.2 million square feet Here East development at the Queen Elizabeth Olympic Park in Stratford. The centre will be run by “innovation community” Plexal, an existing tenant of Here East, a development that brings together a range of tech, media, and education organisations, including both start-ups and large firms.


Related content


The Centre for Secure Information Technologies of Queen’s University Belfast and consultancy Deloitte will help Plexal run the London Cyber Innovation Centre.

Margot James, minister for digital and the creative industries, said: “London is the undisputed leader of European tech, with billions of investment flowing in every year and world-leading firms developing groundbreaking innovations. This new centre in the Olympic Park will build on the site’s legacy of excellence and spark a wave of creativity to develop the cybersecurity technology of the future and help protect the nation’s industry.”

The government claimed that technology companies were founded in London at the rate of one an hour in 2017. This would equate to an annual total of 8,760.

Robert Hannigan, who served as director of GCHQ from 2014 to 2017, said that the centre “will be the launch pad for a whole generation of new cybersecurity companies”.

“By combining academic excellence, expertise in innovation and access to investment, the centre is uniquely placed to secure this country’s preeminent position in cybersecurity,” he added.

The London site will be the second such facility opened by the government, following the establishment last year of a centre in Cheltenham, which houses the GCHQ Cyber Accelerator scheme for tech start-ups.

About the author

Sam Trendall is editor of PublicTechnology

Share this page

Tags

Categories

CONTRIBUTIONS FROM READERS

Please login to post a comment or register for a free account.

Related Articles

CPS awards £5m PC-support deal to Wipro
23 May 2018

Disaggregation work continues but CGI’s dominance is disrupted only by a fellow outsourcing giant

Defra hands £135m hosting deal to Atos
13 July 2018

Department’s UnITy project to disaggregate overarching deals with IBM and Capgemini continues with award of major contract to French services leviathan

Newcastle plans to become UK’s smartest city
12 July 2018

Council’s cabinet to vote on proposal to work with a technology partner to realise the city’s ambitions

Related Sponsored Articles

Don’t Gamble with your password resets!
20 June 2018

The cautionary tale of the Leicestershire teenager who hacked high-ranking officials of NATO allies shows the need for improved password security

Intelligent Connectivity: The Future of Networking - Delivering efficiency
16 July 2018

At BT, we realise that digital technology is changing the way we all do business. Make smart decisions with intelligent connectivity.

Intelligent Connectivity: The Future of Networking - Delivering innovation
9 July 2018

At BT, we realise that digital technology is changing the way we all do business. Make smart decisions with intelligent connectivity. With our network and know-how you can plan a smarter, more...

Intelligent Connectivity: The Future of Networking
3 July 2018

At BT, we realise that digital technology is changing the way we all do business. Make smart decisions with intelligent connectivity. With our network and know-how you can plan a smarter, more...