“Tech4Trust” powered by Trust Valley and PwC formed a strategic partnership to offer the unique acceleration programme in digital trust in Switzerland.
In today's digital world and challenging times caused by the COVID-19 pandemic, cyber threats to companies and individuals are increasing exponentially. More than ever before, this health crisis has brought digital technology to the center of political and economic attention. While remote working and digital technologies helped many businesses and organisations worldwide keep their activities and operations running, the number of cyberattacks surged proportionally. For example, the National Cyber Security Centre (NCSC) reported that cyber attacks were up to three times higher than normal in Switzerland at the height of the COVID-19 pandemic.
In this challenging context, PwC Switzerland decided to form a strategic partnership with “Tech4Trust” by Trust Valley to offer a unique acceleration programme of digital trust in Switzerland. The 5-month accelerator programme intends to energise startups in the field of digital trust and cybersecurity by offering them mentoring, fundraising support and business development help.
For several months now, the Cantons of Geneva and Vaud have been working to set up the “Trust Valley”, a joint economic promotion initiative, a platform for resilience and innovation entirely dedicated to the field of digital trust and cybersecurity aimed at positioning the Lake Geneva region as an agile, innovative and high-performance force at the service of the digital transformation. An alliance for excellence, driven by multiple actors from the public, private and academic sectors. This is why it is no surprise we are joining the force of Trust Valley.
PwC's purpose is to build trust in society and solve important problems and in this period of crisis, it aims to support innovation in cybersecurity more than ever. Since 2018, we are running our own startup contest- the “PwC SecTech Award”, awarding the most innovative business solution in the Swiss cybersecurity field. Previous winners included Teserakt (2019) represented by Jean-Philippe Aumasson and OneVisage (2018) represented by Christophe Remillet.
In 2021, the third edition our SecTech Award will be integrated to the “Tech4Trust” accelerator programme powered by the Trust Valley. 28 selected start-ups will compete to be among the three laureates and will receive professional advice from the best PwC experts, worth CHF 60,000, to boost their business and technology.
Digital trust has become a priority and requires a revolution. We wish the Tech4Trust 2020 and selected startups a great success!
Selected startups for the Tech4Trust 2020
Bug Bounty Switzerland, Clearwater Dynamics, Cryptolex, Cyquant, Cysec, Davos Network, Decentriq, Diadem Technologies, Duokey, Edenair, Inpher, Ketl, Kimbocare, Label Cyber-safe.ch, Nym Technology, Orbitalize, Origin Food, P3KI, Pxlvision, Rumya, Sarus, Strong.Network, Ubcom, Wecan Group, X80 Security, Yeswehack, Zimt.
The first Swiss startup acceleration programme in the field of digital trust and cybersecurity supported by PwC Switzerland
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