Government grant scheme to boost cyber security for small businesses

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A new scheme to help protect small businesses from cyber attacks has been announced by Government.

Speaking at the Reform “Cyber Security: assurance, resilience, response” conference in London, digital economy Minister Ed Vaizey has outlined how a new voucher scheme designed specifically for small and medium-sized businesses (SMEs) will launch later this month.

The launch of the voucher scheme is part of a package of initiatives designed to increase the resilience of UK businesses to cyber-attacks, the Government says. The package also includes a new online learning and careers hub to help ensure the UK has the cyber skills talent pool to protect both the public and private sectors as we face the reality of increasing cyber threats.

Digital economy Minister Ed Vaizey said: “We want to help protect UK businesses against cyber attack and make the UK the safest place in the world to do business online. The new voucher scheme will offer increased protection for small businesses, and the new online hub will help ensure we have the skilled workforce in place to manage the increased pressures of the digital age.”

cyber security

The new UK £1m cyber security innovation vouchers scheme will offer micro, small and medium sized businesses up to £5,000 for specialist advice to boost their cyber security and protect new business ideas and intellectual property. The scheme will be overseen by the Government’s innovation experts at Innovate UK.

As well as helping protect businesses from cyber attack, the vouchers enable firms to access services from the UK cyber security industry. This new scheme will also help businesses to adopt Cyber Essentials, the Government’s flagship scheme to protect businesses online.

Innovate UK director of technology and innovation Kevin Baughan commented: “The UK’s economy is increasingly underpinned by digital infrastructure, so cyber security is now a critical component. The schemes announced today will give cyber-confidence for businesses and consumers and will help our digital economy to flourish. The UK now has the opportunity to become a world leader in cyber security, creating the jobs of tomorrow and driving productivity and growth.”

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