H.A.C.K. – Benefits

CySecK – the Karnataka state’s K-Tech Centre of Excellence in Cyber Security – has an accelerator programme for cyber security start-ups, branded as H.A.C.K. (H.A.C.K. is an Accelerator for Cybersecurity in Karnataka). The following are the benefits for the startups who get enrolled for this programme.

Financial benefits (in the form of grants)

Introduction

This document provides an overview of the financial benefits that the programme will offer to the start-ups. The programme will continue to deliver additional support like mentoring to the start-ups who are part of its’ cohorts.

Benefits catalogue

Below are the benefits having financial bearing that the H.A.C.K. programme will offer to the start-ups during the Cohort year / period.

BenefitUpper LimitCommentary
Incubation seatsRs. 4 lakhsIncubation seats at K-Wings, HSR Layout
Research grantRs. 10 lakhsMatching grant for research with academia
Government pilotsRs. 5 lakhsGrant for conducting pilot at government agencies
Global market explorationRs. 5 lakhsMatching grant, through GIA programme
Participation in international exposRs. 2 lakhsMatching grant
Participation in Indian exposRs. 1 lakhMatching grant

Each start-ups can obtain benefits from this catalogue up to a value of Rs. 10 lakhs in the duration of the Cohort year / period.

Benefit details

Incubation seats

CySecK can facilitate providing office space at the K-Wings facility at HSR Layout, which also houses the NASSCOM 10k warehouse. Start-ups that are interested in obtaining incubation seats at K-Wings can let us know their interest.

The subsidy for incubation seats will be capped at Rs. 4 lakhs in the course of the calendar year 2022. Grant Process: The re-imbursement of payment will be done by CySecK after the submission of invoice by the start-up.

Research grant

CySecK can facilitate partnership with an academic institute in Karnataka for working on research problems that the start-ups would be interested in. This will be provided as a matching research grant, where the start-up would need to provide a similar amount of grant – or higher – to the academic institute. The engagement with an academic institute can happen in two ways:

  1. If the start-up is unsure of the institute to engage with, CySecK can call for request for proposals, and the start-up can identify the most suitable institute to partner.
  2. If the start-up has already identified a specific institute, the grant can be made available to that institute as well.

The research grant provided to the institute will be a maximum of Rs. 10 lakhs, or the amount that the start-up is co-funding for the research project – whichever is lower.

Grant Process: The start-up has to sign an MoU with the Institutes selected for their research and submit a copy of MoU to CySecK. The MoU needs to mention the detailed scope of research, expected outcomes, milestones and breakdown of expenditure. The research grant will be transferred to the institute directly.

The institute would also need to provide a Utilisation Certificate after the completion of the research project.

Government pilots

With the intent of having the government play the role of an early adopter and validator of the solutions from start-ups, CySecK can fund the conduct of a pilot of the solution at a Karnataka state government entity. The maximum funding for a pilot will be capped at Rs. 5 lakhs.

Grant Process: The start-up should provide a detailed proposal prior to the pilot to the Government body and obtain their approval for implementation of the pilot. The proposal should also mention the expenditure incurred by the start-up for the pilot. Grant will be provided only after completion of work at Government agencies and duly certified by the Government agency.

Global market exploration

Government of Karnataka’s KUIC (Karnataka Unit for International Collaboration) team has established partnerships with ecosystem partners at many geographies for facilitating the growth of the start-up ecosystem in Karnataka. If any of the start-ups are interested in exploring the market in a foreign country, or establish a presence in an foreign location, KUIC team can facilitate this.

CySecK can fund the start-up up to a maximum of Rs. 5 lakhs for this. The start-up would also need to invest a similar amount to leverage this funding.

Grant Process: The amount will be reimbursed after participation in the KUIC-supported programme and submission of original invoices.

Participation in international expos

If a start-up is interested in showcasing their solution(s) in an international expo / conference, CySecK can fund their participation and reimburse costs incurred for travel, accommodation and setting up their presence at the event.

Grant Process: Start-up would need to inform CySecK prior to their participation in the event. Amount will be reimbursed after participation in the event and upon submission of original invoices for all expenditure items.

Participation in Indian expos

If a start-up is interested in showcasing their solution(s) in an expo / conference in India, CySecK can fund their participation and reimburse costs incurred for travel, accommodation and setting up their presence at the event.

Grant Process: Start-up would need to inform CySecK prior to their participation in the event. Amount will be reimbursed after participation in the event and upon submission of original invoices for all expenditure items.

The start-ups are expected to be prudent in using the grants provided.

Non – financial benefits

Mentoring & Networking:

CySecK provides a range of mentoring sessions for the ecosystem startups like 1:1 mentoring, knowledge series, webinars on relevant topics, boot camps on technical topics, networking events and so on by Industry veterans and subject matter experts to help the early-stage startups to build their business right way and scale up.

Market & Industry Connect:

If you are a start-up and looking for the right connect in the Industry or Government projects, to pitch your solutions to their requirements and get your products noticed, we help you facilitate this along with due guidance required.

Entrepreneurship Ecosystem

For any startups the right ecosystem is essential to nurture and grow and sustain, especially in the initial testing times. We as an organization representing GoK , strive to make this journey seamless to our startups by various initiatives like bringing the community closer by building CISO circle, Cyber Maatrika, and connecting with other ecosystem partners like Start-up Karnataka mission etc to reap the right benefits. All these initiatives are aimed at helping start-up community in long term.