Cyber London re-launches cyber security accelerator programme
Successful cyber security start-ups will secure £15,000 investment to grow their business, alongside mentoring and office space
European cyber security start-up accelerator Cyber London (CyLon) has opened entries for its second programme, following the completion of its first programme earlier this year.
Successful cyber security start-ups will receive 14 weeks of professional training from mentors and investors, free office space and £15,000 investment in exchange for 3% equity of the business.
Once the CyLon programme finishes, members will have the chance to present their ideas to potential customers, investors and partners at an in-house demo day.
Alex van Someren of Amadeus Capital Partners, co-founder of CyLon, said:
‘The success of the first programme has proven the value that can be derived from bringing together the brightest new start-ups in a hothouse environment and plying them with the skills, knowledge and contacts that they need to get to the next stage of their evolution.”
Chris Wallis, co-founder of Intruder which participated in the first programme, commented: “CyLon was the best possible start we could have had for our company. Intruder was founded shortly before the accelerator began, and CyLon gave us both the platform and the rocket fuel we needed to launch our business.”