Herndon, VA-based MACH37™ Cyber Accelerator has officially announced it will begin accepting applications from information security startups and security entrepreneurs for its Fall 2015 (F15) Cohort beginning September 8th.
The program consists of a 90-day program in which the selected startups are coached in all aspects of creating a sustainable business. It is open to startups from any geography, which, upon acceptance, receive a $50,000 investment to develop and launch their ideas into the market.
Following completion of the program and a (successful) Demo Day presentation, the CIT GAP Fund will match up to $100k of outside investment for companies located in Virginia.
Since the launch in 2013, the accelerator has accepted four classes of startups to participate in the program. The Spring 2015 Cohort is currently in session and will culminate with a Demo Day on June 2nd, 2015. Following the graduation of the S15 class, MACH37™ will have helped create 22 new cybersecurity companies.
It is led by Led by Rick Gordon, Managing Partner.