Global Security Challenge

Global Security Challenge

The Global Security Challenge (GSC) runs international business plan competitions to find and select the most promising security technology startups in the world.

History

The Global Security Challenge was founded by MBA students of London Business School in spring 2006. The first GSC competition happened in summer 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 Global Security Challenge runs three regional Semi-Finals in Singapore, Washington DC and Brussels ahead of the GSC Summit in the fall in London.

Past Winners

The GSC finalists and winners from the last two annual competitions have subsequently raised over $35 million in new venture funding and grants. The top-selected startups also have secured large contracts with government clients, such as the US Department of Energy, the US Navy and the US Department of Defense, and with industry behemoths, such as Siemens and Bayer AG from Germany.

*Startup Winner from 2006: Ingenia Technology (UK)
*Startup Winner from 2007: NoblePeak Vision (USA)
*Startup Winner from 2008: ?

Judges

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

Government Judges:
* Defence Science & Technolgy Agency (Singapore Government)
* Home Office (UK Government)
* UK Ministry of Defence (Counter Terrorism Science & Technology Centre)
* National Science Foundation
* Technical Support Working Group (TSWG) - US Department of Defense
* US Navy

Venture Capital Judges:
* 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 Judges:
* London Business School
* Mississippi State University
* National University of Singapore
* UnternehmerTum (Technical University of Munich)
* University of Kent
* University of Maryland, College Park

Industry Judges:
* Accenture
* BAE Systems
* Barclays Bank
* Bosch
* BWI-IT (IBM, Siemens & German Armed Forces)
* IBM
* MITRE
* SemCorp Industries

Events

The GSC hosts three regional Semi-Finals and one Grand Final (Summit) at leading research universities around the world:
*University of Maryland
*National University of Singapore
*Universiy of Kent
*London Business School

External Links

[http://www.globalsecuritychallenge.com Official Site of GSC]

Sources

*http://www.state.gov/r/pa/prs/ps/2007/nov/94693.htm
*http://www.iht.com/articles/2007/11/26/business/invent.php
*http://www.msstate.edu/web/media/detail.php?id=3904


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