A new world-first £13.5 million cyber innovation centre, located in the Queen Elizabeth Olympic Park, will help secure the UK’s position as a global leader in the growing cyber security sector.
The London Cyber Innovation Centre will boost the East London digital cluster and spur the development of cutting-edge technology to keep the nation safe from online threats. Estimates suggest it could help to create 2,000 UK jobs in cyber security.
Start-ups chosen for the scheme will work with large firms and look to identify cyber security challenges for their businesses. This will help to make sure that the UK’s cyber security entrepreneurs are providing solutions to large firms, secure commercial contracts and obtain further investment.
Companies selected for the scheme will be given dedicated technical and engineering support from authorities in cyber security, as well as access to the centre’s facilities. The centre will be run by tech company Plexal, and will be funded by part of the £1.9bn investment designed to strengthen the UK’s cyber security.