MACH37 Cyber Accelerator Opens Applications for Fall 2017 Session

Herndon, Virginia, July 11, 2017 --

The MACH37 Cyber Accelerator has officially announced it will begin accepting applications from information security product startups and security entrepreneurs for its Fall 2017 (F17) Cohort that begins on September 5th. The MACH37 program consists of an intense 90-day program in which the selected startups are coached in all aspects of creating a successful and sustainable business.

MACH37 encourages entrepreneurs with emerging products and companies to apply for the F17 Cohort, which will be limited to 8 companies. The program is open to startups from any geography whose founders are ready to immerse themselves in a mentorship program designed to produce the next generation of leading security product companies. The program brings together domain experts, successful security entrepreneurs, buyers, and investors familiar with the security market into a platform that supports the rapid launch of next generation security technologies.

Upon acceptance into the program, participants receive a $50,000 investment to develop and launch their ideas into the market. MACH37 companies receive ongoing access to the MACH37 Stars Mentors Network and will have the support of our network throughout the life of their enterprise.

On June 6th, the Spring 2017 (S17) Cohort session concluded at the S17 Demo Day where graduating companies presented to a crowd of over 180 external mentors, investors and industry experts. With the graduation of the S17 Cohort, MACH37 has helped launch 46 cyber companies since inception.

“At MACH37, we have created an ecosystem that helps to support and facilitate the growth of cyber product startups at a critical time in their development process. Companies that are accepted into our program are provided with the tools, resources and connections to an ecosystem that will help refine their products and accelerate their businesses to reach the critical funding milestones that will allow for rapid growth,” said Tom Weithman, MACH37’s President and Chief Investment Officer. “In today’s digital environment, cybersecurity is an ever evolving industry and we are looking to create companies that stay ahead of the curve by developing tomorrow’s information security products today.”

MACH37 is looking for candidates who:

• Are building a disruptive information security technology product
• Are delivering foundational security capabilities that enable entirely new products or markets
• Have the will and endurance to turn their labor into commercial success
• Have ideally built a team of 2-4 co-founders
• Need help with startup capital, introductions, and navigating pitfalls
• Are seeking rapid growth through venture capital
• Are willing to be in Virginia for the entire 90-day program and commit to the venture full-time

To apply, visit www.mach37.com/apply and fill out the online application. MACH37 accepts rolling submissions but participants are highly encouraged to apply by August 18th to be considered for the Fall 2017 Cohort.

About MACH37™, www.mach37.com

MACH37™ is the premier accelerator for information security entrepreneurs and startups.  We go beyond the traditional model of typical business accelerators by bringing our innovators focused mentorship and support from our extensive network of visionaries, practitioners, and successful entrepreneurs in security.  Our Spring and Fall sessions are designed to propel graduating companies into the marketplace, equipped with the skills to grow and compete for funding and market share. MACH37™ was launched in 2013 by the Center for Innovative Technology, in Herndon, Virginia.  To learn more, please visit www.mach37.com and follow @MACH37cyber on Twitter.

About the Center for Innovative Technology, www.cit.org

Since 1985, CIT, a nonprofit corporation, has been Virginia’s primary driver of innovation and entrepreneurship. CIT accelerates the next generation of technology and technology companies through commercialization, capital formation, market development and revenue generation services. To facilitate national innovation leadership and accelerate the rate of technology adoption, CIT creates partnerships between innovative technology startup companies and advanced technology consumers. CIT’s CAGE Code is 1UP71. To learn more, please visit www.cit.org.  Follow CIT on Twitter @CITorg and add the Center for Innovative Technology on LinkedIn and Facebook.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/94745ab5-ee23-4733-a255-631496bcd618

Kevin May
Center for Innovative Technology
7036893064
[email protected]