`World-leading´ cyber security centre to open in London´s Olympic Park

Published: 12:30 EDT, 10 April 2018 | Updated: 12:30 EDT, 10 April 2018

A new £13.5 million cyber security innovation centre is to be developed in the Queen Elizabeth Olympic Park in London.

The London Cyber Innovation Centre will help businesses identify cyber threats and help develop start-ups to solve the issues raised.

Funding will be provided by the Department for Digital, Culture, Media and Sport (DCMS) as part of the Government’s £1.9 billion investment in keeping the UK safe online.

The centre will also be used to help entrepreneurs secure commercial contracts and crucial investment in the cyber security industry. (Chris Radburn/PA)

Minister for digital and creative industries Margot James said: “London is the undisputed leader of European tech, with billions of investment flowing in every year and world-leading firms developing groundbreaking innovations.

The centre will host a programme of technical and engineering support, mentoring and professional business advice for at least 72 companies over the next three years, as well as make its facilities available to other start-ups not selected for the scheme.

It will be run by Plexal, the start-up development and innovation firm based at Here East in the Olympic Park.

The firm’s founder and chief executive Claire Cockerton said: “The UK has a strong heritage in tech innovation and a fertile business environment for start-ups to grow. But our future international standing as a world-leading digitally enabled economy depends on a robust and forward-thinking cyber security sector.
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