The Mayor’s Office of the Chief Technology Officer (MOCTO), NYC Cyber Command (C3), and New York City Economic Development Corporation (NYCEDC) launched the Cybersecurity Moonshot Challenge that calls on industry experts to develop and deliver new, affordable, and scalable solutions to protect New York City -based small and midsize business from the dangers of cyberattacks.
As cyberattacks increasingly present one of the greatest threats around the globe, the City of New York has established a consortium of international partners to launch this challenge – all with a shared interest in developing the most innovative and effective cybersecurity solutions. New York will partner with Israel's leading venture capital firm, Jerusalem Venture Partners, and global partners from Helsinki, Israel, Japan, South Korea, Singapore, Berlin, London, and Paris. These partners will work with the City of New York to solicit and evaluate proposals from companies and startups that can secure small and midsize businesses from cyberattacks. Additionally, the Global Cyber Alliance is partnering on the challenge to increase awareness among interested startups and will seek to incorporate Challenge learnings into its ongoing support for small businesses.
Four to eight finalists will receive an award of up to $20,000 to test their proposal in New York City, structured support to deliver the solution into international markets. Jerusalem Venture Partners has also committed an over $1 million investment to be awarded to selected proposals, which will help companies accelerate growth in New York City.
"Helsinki is privileged to act as partnership city of the NYCx Cyber Moonshot Challenge. Our responsibility as cities is to provide the best possible conditions for people to work and conduct business in the safest possible environment. We are committed to finding new innovative solutions to cyber challenges in collaboration with New York City and the other partners. We firmly believe that global collaboration is the key driver of groundbreaking, actionable solutions and Helsinki wants to be in the forefront of this development”, says Jan Vapaavuori, Mayor of Helsinki.
The City of Helsinki will provide the Helsinki-based finalists with support for networking and starting the entrepreneurial activities both in New York and Helsinki, entrance to the Slush 2019 and Arctic Startup events and work spaces free of charge. The City of Helsinki will also cover the travel and accommodation costs for the Helsinki-based finalists on the final week in New York in April.
For companies interested in the competition, the City of Helsinki arranges an event in collaboration with Industryhack, where the participants can receive support for developing ideas and hear more about the challenge via Skype from New York. The event will take place at the Maria 01 startup centre on 26 November. The City’s new Chief Digital Officer Mikko Rusama is the judge of the management group which evaluates the ideas.
City of New York Launches Global Challenge to Protect Small Businesses from Cyberattacks
Details on all of the awards
The NYCx program website