Cybersecurity for small business: Fedorov announces launch of new program

On April 21, 2021, Ukraine will launch Cyber Accelerator - a program that will allow small and medium-sized businesses to create products in the field of cybersecurity and build their own cyber security departments, Minister of Digital Transformation Mykhailo Fedorov has announced.

"Cyber Accelerator will help representatives of food and service technology companies to launch the development of new products and services for cyber security, as well as their development with the best experts, mentors, investors," Fedorov wrote on his Facebook page.

The minister said the goals of the program are as follows: increasing the level of development of new products in the field of cybersecurity; transforming ideas into proven products and services that are ready for implementation and scaling; transforming the Ukrainian IT business with strengthening cybersecurity for sustainable development; creating new cybersecurity services and products for critical infrastructure; building a strong business community in the field of cybersecurity.

Teams can receive mini-grants of up to $5,000 during acceleration. Participants will receive three months of mentoring support from each team with the involvement of international and Ukrainian experts - information opportunities, professional networking, promotional support and technical support services. Applications are accepted until May 23, 2021.

The Cyber Accelerator program is implemented by the SocialBoost team as part of the USAID Ukraine project "Cybersecurity of Critical Infrastructure of Ukraine". The program partners are Catalisto, DAI, ISSP, and Veterans First Initiative.

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