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New government funding will help small businesses in the UK cyber sector to grow, collaborate and develop new solutions to tackle cyber threats, Business Secretary Vince Cable will announce today (16 September 2014).

Speaking at the first ever US-UK Global Cyber Security Innovation Summit in London, the Business Secretary will announce a £4 million competition for UK cyber businesses to develop ideas to tackle cyber security threats. He will also announce the appointment of a cyber security small business champion, and funding for projects that will drive growth and innovation in the sector. The competition will be run by the Technology Strategy Board, the government’s innovation agency, in 2015, which will award funding to the firms with the best ideas.

 

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