UK government mandates Plexal to deliver £13.5m cyber security centre

By James Wallace - Wednesday, April 11, 2018 14:43

Plexal, founded by Claire Cockerton and clients of Delancey, has been appointed by the UK government to deliver a major cyber security innovation centre at Here East.

Opening in Spring 2018, the £13.5m innovation centre will be led by Plexal, hosted in Plexal City at Here East, the 1.2m sq ft digital and creative hub on the site of the former Olympic Press and Broadcast Centre. It will be delivered in partnership with Deloitte’s cyber team and the Centre for Secure Information Technologies (CSIT) at Queen’s University Belfast. To

The London Cyber Innovation Centre will incubate 72 cyber security companies ranging in maturity, over a three and half year period. Each organisation will receive a customised programme of technical and commercial mentoring from some of the world’s leading authorities on cyber security. Centre will also convene a range of investment partners from angels to VC’s and institutional investors.   

Claire Cockerton, CEO and founder of Plexal commented: “The UK has a strong heritage in tech innovation and a fertile business environment for startups to scale. Our future international standing as a world-leading digitally-enabled economy depends on the delivery of a robust and forward-thinking cyber security sector.

“The London Cyber Innovation Centre will provide the bedrock for this to happen – delivering bespoke business development programmes, engineering resource, professional services, access to corporate buyers and ambitious investors. At Plexal, it is our mission to bring the whole industry together to accelerate innovation, entrepreneurship and business growth for UK PLC.”

Paul Goswell, managing director of Delancey, said: “The London Cyber Innovation Centre will inspire the next generation of technology innovators, creating a safer and more reliable internet for the future. By 2021 the global value of the cyber security industry will be over £130bn, with the London Innovation Centre, the UK is able to position itself as the global leader, creating jobs for the future and boosting Britain’s reputation as the go to nation for technology startups.”

Robert Hannigan, former head of GCHQ will lead the centre’s industry advisory board, which will also include Roni Zehavi, co-founder and CEO of Cyberspark Industry Initiative. Plexal is also partnering with a number of leading universities such as UCL and Queens to ensure the commercialisation of key research.

James Wallace is a freelance consultant and can be reached via Linkedin or email: jawallace32@gmail.com

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