Herndon, VA (PRWEB) March 25, 2014
The MACH37™ Cyber Accelerator announced today the launch of its Spring 2014 session for cybersecurity startups at its Herndon, Virginia headquarters. Out of over 40 applicants, five companies were selected to participate in the Spring Cohort to accelerate the growth of their innovative concepts and bring their technologies to market.
As a focused business accelerator, MACH37™ brings together domain experts, successful cybersecurity entrepreneurs, and investors to create a platform for success for innovators and their startups. The MACH37™ program consists of an intense 90-day program in which the selected startups are mentored in all aspects of creating a sustainable and successful business. Participants receive a $50,000 investment to develop and launch their ideas into emerging, investable companies. By drawing on MACH37’s large network of experts and entrepreneurs, companies involved in the program are guided toward creating successful companies that can take a visionary market position. MACH37 helps companies test their ideas and products, before turning them in real customer environments.
“We are very excited to launch our Spring class of companies who bring to us an excellent and innovative collection of ideas,” said Rick Gordon, Managing Partner of MACH37™. “We look for companies globally who are driven to disrupt the market with a fresh approach to thwarting an aggressive and growing worldwide threat. We welcome our five new startups and look forward to introducing them to investors, and the market, in June 2014.”
Five companies were selected for the Spring 2014 Cohort of MACH37™:
Investors, customers, partners, and future applicants are encouraged to visit MACH37™ and meet the Spring Class to experience the energy and breadth of ideas that we are honored to nurture and host.
About MACH37™, http://www.mach37.com
MACH37™ is the premier accelerator for cybersecurity entrepreneurs and startups. MACH37 goes beyond the traditional model of typical business accelerators by providing innovators with mentoring and support from an extensive network of visionaries, practitioners, and successful entrepreneurs in cybersecurity. The Spring and Fall sessions are designed to propel graduating companies into the marketplace, tooled with the skills to grow and compete for funding and market share. MACH37™ was launched in 2013 by the Center for Innovative Technology, in Herndon, Virginia. To learn more, please visit http://www.mach37.com.
About the Center for Innovative Technology, http://www.cit.org
Since 1985, CIT, a nonprofit corporation, has been Virginia’s primary driver of innovation and entrepreneurship. CIT accelerates the next generation of technology and technology companies through commercialization, capital formation, market development and revenue generation services. To facilitate national innovation leadership and accelerate the rate of technology adoption, CIT creates partnerships between innovative technology start-up companies and advanced technology consumers. CIT’s CAGE Code is 1UP71. To learn more, please visit http://www.cit.org. Follow CIT on Twitter @CITorg and add the Center for Innovative Technology on LinkedIn and Facebook.