Cyber Essentials: new Government funding scheme now open for SMEs
A new scheme which enables SMEs to apply for up to £5,000 to cover cyber security, including Cyber Essentials advice and certification, is now open for applications.
On 16th July the Government announced a new Innovation Voucher scheme. This complements an existing scheme and enables SMEs to apply for funding towards the cost of cyber security advice and certification, including Cyber Essentials. The current round for applications closes at midday on 20 October.
Key features are up to £5k funding for start-up, micro, small and medium-sized enterprises to work with an external expert to gain the knowledge to innovate and grow.
This voucher is only for cyber security advice including advice leading to certification under the Cyber Essentials Scheme.
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Francis Maude (Minister for the Cabinet Office) has held a meeting, hosted by Marsh Ltd, for CEOs from the insurance sector.
The aim of the discussions was to develop a collaborative approach between the insurance sector and the government to reduce the cyber risk dangers faced in the online business marketplace. The rationale behind this was that insurers and insurance brokers can help promote the adoption of good practice, including Cyber Essentials that reduce the frequency and cost of breaches.