Last week the governor of Virginia announced a first of its kind accelerator program dedicated cyber security startups. And the program, named MACH37™, will take place right in our backyard at the Center for Innovative Technology in Herndon, VA. Modeled after incubators like Y Combinator, TechStars, and 500 Startups, the goal is to support two 90-day sessions per year with eight to ten companies per session. The application process opens in June with the first 90-day session planned for September. Watch MACH37.com for details…
Governor Bob McDonnell announced today the creation of MACH37™, America’s premier market-centric cyber security accelerator to be located at the Center for Innovative Technology. Initially funded by the Commonwealth of Virginia, the accelerator will leverage private investments to launch new, high growth cyber technology companies in Virginia.
Speaking about today’s announcement, Governor McDonnell said, “Cyber security must remain at the top of our nation’s priorities to ensure our national defense and protect economic infrastructure. This accelerator is a natural complement to the Commonwealth’s vast advanced technical and engineering resources focused on operating the most sophisticated electronic networks in the world.”
The MACH37™ Cyber Accelerator was designed to model successful practices deployed in existing accelerators, such as the Y Combinator, TechStars and 500 Startups, but with a concentrated focus on cyber security startup companies. MACH37™ establishes a highly integrated network of hundreds of cyber security experts to support the earliest stages of company development.
Today’s post pic is from DMGFederal.com.