Funding for cyber security competition announced

A competition for small companies to develop their ideas for cyber security is to be granted £4 million of funding, Business Secretary Vince Cable has announced. The Government’s innovation agency, the Technology Strategy Board (TSB) will run the competition, which will begin in March 2015.  Funding will be provided to the companies with the best ideas for countering cyber security threats. The competition is open to small companies specifically, and the objective is  to assist small business owners to overcome the challenges of cyber security implementation, partner with industry experts and potentially expand their business. The competition is part of an overall government plan to achieve £2 billion worth of UK cyber security exports by 2016.
For more details about the competition, go to:
http://www.computerweekly.com/news/2240230657/Vince-Cable-announces-4m-funding-for-cyber-security-SMEs

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