New Partnership to Invest in Cybersecurity Startups
A new business collaboration is bringing startup expertise and funding to cybersecurity companies.
In a press conference held Tuesday, San Antonio, Texas–based company Geekdom announced that it is partnering with gener8tor, a nationally ranked accelerator company based in Wisconsin, to launch a program to help cybersecurity companies develop products for market.
The 12-week program will launch in San Antonio in the summer of 2022. Within the first year of its launch, five startup companies will be selected to complete the program and receive an investment of $100,000 each.
A further ten companies are slated to receive accelerator investment funding via the program in 2023.
“I am beyond excited about what’s happening,” said San Antonio’s mayor, Ron Nirenberg.
“Now we have gener8tor providing the fuel for the startup community to continue to catalyze cybersecurity in San Antonio. The excitement is real.”
Geekdom provides a co-working space located in downtown San Antonio along with resources and opportunities to help create and develop businesses.
“We are part of the transformation that is occurring right as we watch,” said Graham Weston, who founded Geekdom and the web-hosting and cloud-computing company Rackspace Technology.
He added: “Every single day we need to be working on building innovation in