Opportunities for cyber security grants Overview by funding source
The next 9/11 will be caused by hackers, not suicide bombers.
Why Cyber Security? 90 percent of companies worldwide recognize they are insufficiently prepared to protect themselves against cyber-attacks $445 billion - annual cost of cyber crimes in the global economy 800 million people affected by cyber theft in 2013 Published in the Global Risks 2015 report
A peek at cyber in Israel $500 million was raised from the private sector in 2015 #2 in the world, after the U.S. 250 cyber companies in Israel today, about half of them startups More than 25 multi national corporations maintain cyber activities in Israel Published on Jan. 20 at The Marker Magazine
Diverse sources of funding to support R&D activity VC investments Angel investments Bank loans
NDF Let s discuss Non-Dilutive Funding
U.S.
The Networking and Information Technology Research and Development Program $ 4.1 billion total budget estimated for FY2016 Program Component Area (PCA): Cybersecurity and Information Assurance (CSIA) High Confidence Software and Systems (HCSS) High End Computing Infrastructure and Applications (HEC I&A) High End Computing Research and Development (HEC R&D) Human Computer Interaction and Information Management (HCI&IM) Large Scale Networking (LSN) Social, Economic, and Workforce Implications of IT and IT Workforce Development (SEW) Software Design and Productivity (SDP)
The Agencies receiving the funding: Department of Homeland Security (DHS) Department of Defense (DOD) US Army, US Navy, DARPA, DTRA, Air force, etc. National Science Foundation (NSF) National Institutes of Standards and Technology (NIST) Department of Energy (DOE) National Institutes of Health (NIH)
EU
Horizon 2020 European Framework Programme for 2014-2020 79 billion total available for research and innovation Goals: -Responding to economic crisis -Enhancing people livelihood, safety and environment -Strengthening the EU s global position in research, innovation, and technology
Participating Countries
2016 Topics: Open Disruptive Innovation Scheme Healthcare biotechnology Low carbon and efficient energy system Nanotechnologies ICT solutions for Health, Well-Being and Ageing Well Transport and Smart Cities Mobility Biotechnology Agriculture, forestry, agri-food and biobased sectors Climate action, environment, resource efficiency and raw materials Space Security Blue growth New business models Total Budget for 2016: 353.4 million ( 15.4 million for security)
Horizon 2020 SME Instrument New instrument for small and medium enterprises - 3 billion 2014-2020 - 70% reimbursement - 4 cut-off dates per year - No royalties, no obligations
Horizon 2020 SME Instrument 3 different phases of support: Phase 1 - Proof of Concept - 50,000 Phase 2- From Idea to Product - 2.5 million Phase 3 - Coaching, mentoring and access to risk financing of Horizon 2020
ISRAEL
Office of the Chief Scientist Supports innovative R&D projects conducted in Israel IP registered in Israel Grants of up to 50% (+10% for periphery zones) Annual budget: approx. NIS 1.6 billion, 052-8540159
KIDMA 2.0 cyber-security program NIS 100 million budget Up to 50% support Dedicated budget of up to NIS125K for advanced training, market research, marketing consulting, etc. Lucrative financing model based on risk sharing, no equity, and a royalty payment system On-going support throughout the project
Lets not forget: Eureka program Bi-national funds Collaboration with academia Incubator programs (JVP Cyber Labs)
Before you start running
Know the different funding agencies Eligibility Fields of interest Size of awards Target the right mechanism Maximize your Chances for Award Conduct a thorough strategic assessment Learn the declared goals and success rates Systematic Approach Focus your project application Ask for what is necessary Present a complete project FreeMind 1/31/2016 Group, 052-8540159, 052-8540159
FreeMind s Mission Statement: Assist our clients plan their fundraising strategy and turn nondilutive funding into a strategic source of funding 1/31/2016, 052-8540159
Turn NDF into a Strategic Source of Funding Angels NDF VCs Maximize the Company s Funding Potential
Thank You Contact Us! Anat Landa Director, Business Development anatl@freemindconsultants.com +972 52 8540159 +972 2-6799833