A SOFT-LANDING PROGRAMME CREATED TO ASSIST CYBERSECURITY COMPANIES, INCLUDING START-UPS, TO CARRY OUT INTERNATIONAL COMMERCIALISATION AND EXPORT MARKET DEVELOPMENT ACTIVITIES IN A NEW FOREIGN MARKET THROUGH SUPPORT AND INCUBATOR RESOURCES FOR A TRAIL PERIOD.
THIS ALLOWS COMPANIES TO ESTABLISH NEW CUSTOMERS AND PARTNERSHIPS, LEADING TO THE POSSIBILITY OF ESTABLISHING A PERMANENT PRESENCE IN THE FOREIGN MARKET OF THEIR CHOICE.
The Global Ecosystem of ecosystems Partnership in Innovation and Cybersecurity (GlobalEPIC) is designed to combat growing world challenges by facilitating global collaboration while enabling positive local cybersecurity and economic benefits. It is doing this by connecting a global community of innovation ecosystems that will collaborate on projects and share expertise through an expanding network of diverse organizations. Allowing companies and entrepreneurs from one ecosystem to explore the opportunities in one of the other ecosystems is an effective way to bring this into practice. Therefore, the Global EPIC Soft-Landing Program will be established.
The GlobalEPIC Soft-Landing Program will offer companies and entrepreneurs from the participating GlobalEPIC ecosystems a unique opportunity to ‘soft land’ for a trail period in the market of one of the other ecosystems.
Ultimately, the program is conceived to provide a low risk entry trial to companies and entrepreneurs entering a new international market, accessing the resources they need to more readily tap into commercial opportunities by connecting with new partners, recruiting talented employees, joining incubator facilities, closing new deals, and possibly setting up a permanent presence in the market. It also is an effective tool for acquisition of foreign businesses to the GlobalEPIC regions, creating technological and economic impact within the ecosystems.
A soft-landing increases the chance that a business will actually establish themselves in a region and starts collaborating within the local ecosystem, leading to technological and economic impact.
A SOFT-LANDING BUDDY
The Cyber Wales Soft-Landing Programme is based on organisations within the Cyber Wales Ecosystem volunteering to support a company/entrepreneur wishing to explore the UK and/or European market from a base in Wales. Applications for a soft-landing in Wales will be reviewed and communicated to the Ecosystem members and will be accepted if one or more members agrees to act as a Buddy and work with the applicant.
As part of the Soft-Landing Programme, Applicants will be invited to join one or more of the Cyber Wales Clusters - informal networking groups for people who work in, or have an interest in, cyber security. Through these Clusters, each Applicant will be assured a minimum of 5 appointments with relevant potential business partners, which can include but not limited to: potential customers, resellers, business partners, incubators and academics.
HELP AND ADVICE
Each Applicant will receive mentorship and guidance from their Buddy and from other Cyber Wales Cluster members on the market, immigration considerations and other practical issues. With Cluster members from over 500 Businesses, 8 Universities, 2 Regional Cyber Crime Units & 4 Police Forces, British Armed Forces Cyber Units and the Welsh Government, Applicants will be able to find a wealth of experience and good advice.
A MEETING SPACE
Applicants will be offered physical space in suitable facilities to work, carry put research & planning, conduct appointments, meet other like-minded people and collaborate, for a minimum of 3 weeks. The details of the working arrangements will differ from one Applicant to another and will be organised by their Buddy to ensure the best possible environment for their specific needs. This may also include traveling to other locations in Wales if appropriate.