Global Security Challenge opens competition to help fight terrorism and improve homeland security
Global Security Challenge (GSC), the largest international
security innovation competition, is open for entries, offering
security start-ups worldwide the opportunity to showcase their
inventions and compete for over $500,000 in cash-grants.
The GSC, started at London Business School in 2006, aims to
identify, explore and foster innovation in the field of homeland
security. The goal is to support the development of these innovative
technologies and ensure their success.
There are a number of different prizes and each submission will
receive feedback on their submission.
Commenting on the competition, Janeen Chupa, GSC Co-President
said: "The Global Security Challenge is proving to be a very
successful competition, with the number of entries increasing with
each year and the entrants gaining access to a deep network of
government, VCs and corporates."
"Technological innovation is the key to staying ahead of the
threat to international security posed by terrorism. However
innovation doesn´t always come from large established players, which
is why a forum like the Global Security Challenge is so important."
The winners of the first two GSC competitions, Ingenia Technology
and NoblePeak Vision talk effusively about their experience with the
GSC. Both report substantial new investments, growth and further
development of their security technologies since winning. As Cliff
King, founder of NoblePeak Vision says: "Customer interest in our
night vision technology soared from the publicity we received after
winning the 2007 GSC. As a direct result we are now developing new
camera systems with major OEM´s and systems integrators."
Innovators can enter this year´s competition by submitting ideas
before June 15th 2008. The 2008 challenge has regional Semi-Finals in
Europe, Asia and America and will culminate with the Grand Final
conference in London on November 13.
Key dates
Startups & Ideas Submission Deadline: June 15th 2008
Final: London November 13, 2008
For more information on the GSC, including how to enter:
www.globalsecuritychallenge.com.
About Global Security Challenge
The Global Security Challenge (GSC) is an annual competition to
find the most promising security start-up in the world. The founders
gained experience in the security technology sector with IBM and US
National Security Council, White House.
The mission of the GSC is to stimulate technological innovations
that make airports, cities and enterprises safer without encroaching
on civil liberties. The GSC was founded by London Business School
students and is supported by Accenture, BAE Systems, CapVista
Microsoft, ONR Global, PegasusBridge Fund Management, SAIC, Smiths
Detection, TSWG, and the US Department of Homeland Security.
The partner universities of the GSC are the University of
Maryland, National University of Singapore, and London Business
School. For more information visit: www.globalsecuritychallenge.com.