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CyberHive San Diego launches incubator for security-focused innovation, CONNECT a community partner

Posted on Feb 14, 2013 in CONNECT News, News | 0 comments

CyberHive San Diego, an incubator exclusively for security-focused startups and innovation, launched this week with the goal of discovering and building the next generation of security solutions and companies. Companies selected for the incubator will receive up to $200,000 in start-up capital as well as receive business and research mentoring.

CyberHive’s financial supporters include businesses such as Norman, Manpower, American Internet Services, The Irving Group, Sony, Cox Communications, Accelerate IT and Cyber Risk Insurance. Other collaborators include CONNECT, the Downtown San Diego Partnership and the San Diego Regional Economic Development Corp.

Duane Roth, CEO of CONNECT and member of the CyberHive board, says the time is right for such an incubator.

“San Diego and many other technology hubs around the country have an acute shortage of IT professionals, particularly software engineers and programmers,” said Roth. “Software San Diego lists the local open positions in IT at around 5,000. These are high-paying jobs and great careers for young people.

Cyber Hive and other similar initiatives including Wintriss Technical Schools are critical to support our future economic competitiveness. I believe that it is more important today that students be taught computer language than a foreign language and Cyber Hive will help get us started to impact young people.”

Prospective companies that are interested in more information or would like to submit an application to CyberHive San Diego may email apply@cyberhivesandiego.org.

To read the San Diego Business Journal article (by subscription) “Securing the Future,” click here. to read the Dark Reading article “CyberHive Launches Security Specific Incubator in San Diego,” click here.