CSIT Labs (www.csitlabs.com) today welcomed its second cohort of cyber security start-up companies to begin the 2017 incubator programme. CSIT Labs is the world’s only incubator programme for cyber security start-ups which provides engineering resource for companies. The incubator is based at Queen’s University Belfast’s Centre for Secure Information Technologies (CSIT), the UK’s national Innovation and Knowledge Centre for cyber security.
Applications to this year’s programme increased significantly highlighting the growing market opportunity for new cyber security and solutions.
Following a competitive application and review process a diverse group of entrepreneurs drawn from across the UK, including the heart of London’s financial district, the South West, Belfast and two spin-out companies from Cambridge University and Coventry University were selected.
The companies are:
- AutoCAN Security
- Immersive Labs
- Pico Authentication
Commenting on the new intake Louise Cushnahan, CSIT Labs Innovation Manager said: “Our Innovation Review Board have worked diligently to review and select companies with a strong mix of technical challenge and market opportunity for this cohort. We look forward to working with them over the next nine months to iterate and validate their offer, putting them on a firm foundation to scale-up and meet the global demand for innovative cyber security solutions”
Dr David Llewellyn-Jones, Co-Founder of Pico Authentication said: “CSIT’s engineering support is unique amongst the cyber security accelerators. By actually helping build the software, we’ll be able to go to potential clients with a real product rather than just the offer of a future solution.”
Gary Robinson, CEO of Uleska said: “Uleska will utilise CSIT’s engineering expertise to build advanced features into our SecureDesigner product, allowing customers to benefit from CSITs experience in cyber security.”
CSIT, a recipient of a The Queen’s Anniversary Prize for Higher and Further Education in 2015 for its impact, was established as the UK’s national Innovation & Knowledge Centre (IKC) for cyber security in 2009 with funding from the Engineering and Physical Sciences Research Council (EPSRC) and InnovateUK with additional support from Invest Northern Ireland.