Virginia is accelerating its development of cybersecurity technologies by having a group of six startup companies undergo an intensive, 90-day mentoring program that will require them to establish a business presence in the state.
The MACH37 Cybersecurity Accelerator, a spinoff of the state-supported Center for Innovative Technology, said Thursday it has selected six startup firms — mostly from the United States — to begin the program this spring.
The companies — Gyomo, Hill Top Security, NormShield, PCPursuit, Provenance and Unblinkr — each will receive a $50,000 grant from MACH37 to turn their cybersecurity technologies into sustainable companies for investors.
“In return for the investment from Virginia and MACH37, they have to come to Virginia,” said Kevin May, spokesman for the Center for Innovative Technology, established in the mid-1980s by then-Gov. Charles S. Robb to nurture technology-based industries in the state. For the full article click here
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