Misplaced Pages

Global Security Challenge

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
The topic of this article may not meet Misplaced Pages's notability guidelines for companies and organizations. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted.
Find sources: "Global Security Challenge" – news · newspapers · books · scholar · JSTOR (August 2020) (Learn how and when to remove this message)
This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. Please help improve this article by introducing more precise citations. (August 2020) (Learn how and when to remove this message)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Global Security Challenge" – news · newspapers · books · scholar · JSTOR (August 2020) (Learn how and when to remove this message)
(Learn how and when to remove this message)
The GSC was founded by MBA students of London Business School in spring 2006

The Global Security Challenge runs international business plan competitions to find and select the most promising security technology startups in the world. The GSC holds regional selection events and a Security Summit in London to bring together innovators with government, industry and investors. The GSC belongs to InnoCentive, which acquired the original owner OmniCompete in 2012. OmniCompete also launched the Energy Storage Challenge in 2010.

History

The GSC was founded by MBA students of London Business School in the spring of 2006; the first competition took place in the summer of 2006. By 2007, the Technical Support Working Group, an interagency group of the US Government, sponsored the annual grant award of $500,000 Dollar for the winning security startup. The GSC runs regional finals in Singapore at the National University of Singapore, in Washington DC at The University of Maryland and Brussels at the Brussels School of International Studies ahead of the GSC London Security Summit in autumn, hosted by London Business School.

Past competitions' winners and finalists

GSC finalists and winners from the last three annual competitions have subsequently raised over $117 million in new venture funding and grants. The top-selected startups have also secured large contracts with government clients, such as the US Department of Energy, the US Navy and the US Department of Defense, as well as with industry behemoths, such as Siemens and Bayer AG from Germany. One regional finalist in 2007, TenCube, recently got acquired by McAfee and the cyber 2009 winner Ksplice was acquired in July 2011 by Oracle.

Most Promising Security Start-Up of the Year

  • Start-Up Winner from 2006: Ingenia Technology (UK)
  • Start-Up Winner from 2007: NoblePeak Vision (USA)
  • Start-Up Winner from 2008: TRX Systems (USA)
  • Start-Up Winner from 2009: Adaptive Imaging Technologies (Israel)
  • Start-Up Winner from 2010: mPedigree (Ghana)
  • Start-Up Winner from 2011: Arktis Radiation Detectors Ltd (Switzerland)
  • Start-Up Winner from 2012: SQR Systems Ltd (UK)

Most Promising Security Idea of the Year

  • Best Security Idea 2008: Homergent Inc (USA)
  • Best Security Idea 2009: Remedium Technologies (USA)

Crowded Places Challenge winners

  • Best Crowded Places Security Idea 2008: Crowd-Vision (Switzerland)
  • Best Crowded Places Security Idea 2009: iOmniscient (Australia)

Other competition categories

  • Winner of Cyber Security Challenge 2009: Ksplice (USA)
  • Winner of Cyber Security Challenge 2010: Masking Networks (USA)
  • Winner of Cloud Security Challenge 2010: CloudSwitch (USA)
  • Security SME of the Year 2009: Kromek (UK)
  • Security SME of the Year 2010: iwebgate (Australia/UK)
  • Security SME of the Year 2011: Agnitio (Spain)

Judges

The members of the GSC Judging Committees are leaders from venture capital funds, government, universities and industry.

Government

Venture capital

  • Kleiner Perkins Caufield & Byers
  • Advent Venture Partners
  • 3V SourceOne Capital
  • Cap Vista
  • NovakBiddle Venture Partners
  • Paladin Capital Group
  • PegasusBridge Fund Management Limited
  • Redshift Ventures
  • SAIC Venture Capital Corp.
  • Siemens Venture Capital

University

Industry

Events

The GSC hosts several regional Semi-Finals and one Grand Final (Summit) at leading research universities around the world:

See also

Sources

External links

Categories: