The accelerator programme, headed by CyRise chief executive Scott Handsaker, has received assistance from LaunchVic's first round of funding and has resulted from the partnership between Deakin University and Dimension Data.
Under the programme, five cyber security start-ups will:
- Be mentored by some of the best cyber security and startup veterans from Australia and around the world;
- Gain real-world insight through CyRise’s Corporate Partner Programme, which connects start-ups with early customers;
- Embark on a structured trip to Israel and the US to build their knowledge of the wider cyber security landscape and grow their connections while networking with quality talent; and;
- Pitch to investors for further funding at the completion of the six-month programme.
Handsaker said: “Victoria is fast becoming known as the best location in APAC for the cyber security industry. Where Australia is lacking in this space is in the commercialisation of ideas. There is so much talk around R&D, which is great to see, but how do we package up these findings and ideas in order to yield better commercial outcomes for the Australian economy?
“Our start-ups will get access to Deakin University’s field-leading researchers, as well as Dimension Data’s commercial experience, and take advantage of this one-of-a-kind partnership to successfully take their ideas to a global market.”
CyRise will hold roadshows at the following venues:
- Melbourne 27 July: Inspire9 (Richmond) – 6pm
- Hobart 31 July: Enterprize – 6pm
- Sydney 1 August: Fishburners – 6pm
- Brisbane 3 August: River City Labs – 6pm
- Canberra 7 August: Entry29 – 6pm
- Perth 8 August: Flux – 6pm
- Adelaide 11 August: Hub Adelaide – 5pm