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Cybersecurity Ventures. Acceleration Program Castilla y León
Published on 27 November 2019
Spain
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
The acceleration programme develops activities common to the projects participating and specific to each.These activities are structured as follows:
-Customized Roadmap: Joint definition of the company’s Roadmap to establish the acceleration plan. Creation milestones to be achieved
-Mentoring: Guidance to develop the business idea together with a lead mentor.This includes presentation of success stories and inspiring conferences by people of international relevance
-Training:Develop skills and competences in business, the entrepreneurial ecosystem and personal skills
-Networking with investors and entrepreneurs: Events/meetings to recruit new talent
-Demo day: Entrepreneurs who have participated in the acceleration programme will present their projects
Objectives of the Acceleration Program:
-Encourage the development of new technology-based companies in the field of cybersecurity
-Support entrepreneurial talent in the development of their business projects in cybersecurity through training, mentoring and networking with investors and entrepreneurial talent
-Contribute to deployment of cybersecurity strategy, linking it with cybersecurity challenges contemplated in the Programme
-Complement the offer of activities promoted by INCIBE
The applications received are evaluated by an independent evaluation committee.The 10 best projects are selected
The beneficiaries are newly established SMEs (start-ups with less than 5 years old) specialized in cybersecurity
-Customized Roadmap: Joint definition of the company’s Roadmap to establish the acceleration plan. Creation milestones to be achieved
-Mentoring: Guidance to develop the business idea together with a lead mentor.This includes presentation of success stories and inspiring conferences by people of international relevance
-Training:Develop skills and competences in business, the entrepreneurial ecosystem and personal skills
-Networking with investors and entrepreneurs: Events/meetings to recruit new talent
-Demo day: Entrepreneurs who have participated in the acceleration programme will present their projects
Objectives of the Acceleration Program:
-Encourage the development of new technology-based companies in the field of cybersecurity
-Support entrepreneurial talent in the development of their business projects in cybersecurity through training, mentoring and networking with investors and entrepreneurial talent
-Contribute to deployment of cybersecurity strategy, linking it with cybersecurity challenges contemplated in the Programme
-Complement the offer of activities promoted by INCIBE
The applications received are evaluated by an independent evaluation committee.The 10 best projects are selected
The beneficiaries are newly established SMEs (start-ups with less than 5 years old) specialized in cybersecurity
Resources needed
-The acceleration program is endowed with a budget of 120,000 € in cash prizes (ICE Budget).
- Hiring Experts: 300.000€
- Two person-month from ICE
The panel of experts evaluating the projects is formed by Investors, leading companies, start-ups and public organizations: ICE, INCIBE and ILDEFE.
- Hiring Experts: 300.000€
- Two person-month from ICE
The panel of experts evaluating the projects is formed by Investors, leading companies, start-ups and public organizations: ICE, INCIBE and ILDEFE.
Evidence of success
This acceleration program encourages the development of new technology-based companies in the field of cybersecurity and support entrepreneurial talent in the maturation of their business projects.
Last edition results (2017-18):
76 business ideas applied
36 analysed projects
10 accelerated companies
3 out of 10 accelerated companies settled in Castilla y León and 1 in the process
Last edition results (2017-18):
76 business ideas applied
36 analysed projects
10 accelerated companies
3 out of 10 accelerated companies settled in Castilla y León and 1 in the process
Potential for learning or transfer
The program can be replicated in any geographic area or regulatory framework with a regional or national public structure that allows the financing of projects through public funds or grants, and a reference entity in Cybersecurity that allows the program to be coordinated, as well as the possibility of organizing training sessions, workshops, networks, forums and other activities related to the promotion of investment in Cybersecurity, while attracting investors, entrepreneurs and specialists in the sector.
The program is 100% replicable in other places and of course for all the members of the Cyber project.
Why is it useful?
- Companies go from ideas to full answers to concrete needs
- Companies get ready to attract investors and clients
Regions attract companies to their ecosystem
The program is 100% replicable in other places and of course for all the members of the Cyber project.
Why is it useful?
- Companies go from ideas to full answers to concrete needs
- Companies get ready to attract investors and clients
Regions attract companies to their ecosystem
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
Organized by INCIBE (Spanish National Cybersecurity Institute, S.A.), in collaboration with the Regional Government of Castilla y Leon, through the Institute for Business Competitiveness of Castilla y León (ICE) and the Institute for Development, Training
Spain
Castilla y León
Contact
R¬D and Innovation Proyect Manager