Herndon, VA (PRWEB) October 28, 2014
The MACH37™ Cyber Accelerator has officially announced it will begin accepting applications from information security startups and security entrepreneurs for its Spring 2015 (S15) Cohort beginning March 2nd. The MACH37™ program consists of an intense 90-day program in which the selected startups are coached in all aspects of creating a sustainable and successful business. Participants receive a $50,000 investment to develop and launch their ideas into the market.
MACH37™ encourages entrepreneurs with emerging products and technologies to apply for the S15 Cohort. The program is open to startups from any geography whose founders are ready to immerse themselves in a mentorship program designed to produce the next generation of leading security product companies.
Since MACH37™ was launched in 2013, the program has accepted three classes of startups to participate in the program. The Fall 2014 Cohort is currently in session and will culminate with a Demo Day on December 2nd, 2014. Following the graduation of the F14 class, MACH37™ will have helped create 17 new cybersecurity companies.
Rick Gordon, MACH37™ Managing Partner, said, “In this region and across the country, the MACH37 Cyber Accelerator is being recognized as the premier leader in harvesting our entrepreneurial, intellectual and technological assets and creating new high-growth cybersecurity companies. We are positioning these companies and Virginia to take advantage of the growing cybersecurity market.”
MACH37™ is looking for candidates that:
- Are building a disruptive information security technology product
- Have the will and endurance to turn their labor into commercial success
- Need help with startup capital, introductions, and navigating pitfalls
- Are seeking rapid growth through venture capital
- Are willing to be in VA for the entire 90 day program and commit to the venture full time
- Are ideally comprised of a team of 2-4
To apply, visit http://www.mach37.com and fill-out the online application. Evaluation of applications will begin in January, with final selections announced in February.
MACH37™ is the only business accelerator focused exclusively on information security innovations and startups. It brings together domain experts, successful cybersecurity entrepreneurs, and investors to create a platform for innovators and their startups to rapidly develop themselves into promising companies prepared for financing.
MACH37™ is the premier accelerator for information security entrepreneurs and startups. We go beyond the traditional model of typical business accelerators by bringing our innovators focused mentorship and support from our extensive network of visionaries, practitioners, and successful entrepreneurs in security. Our Spring and Fall sessions are designed to propel graduating companies into the marketplace, equipped 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 and follow @MACH37cyber on Twitter.
About the Center for Innovative Technology
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. Follow CIT on Twitter @CITorg and add the Center for Innovative Technology on LinkedIn and Facebook.