Cyber skills startup Capslock receives Innovate UK funding //09.11.20
LORCA cohort five member Capslock is an innovative online learning academy that aims to reskill people so they can start a high-paying career in cybersecurity. The programmes take 16 weeks, can be delivered online and involve no upfront costs (the learner only pays when they’re in a high-paying job). And in a boost to the startup’s growth journey, it has today announced that it’s been given funding from Innovate UK’s £191 Sustainable Innovation Fund, which is aimed at helping the UK economy rebuild after the effects of Covid-19.
Speaking about their successful funding, Capslock co-founder Dr. Andrea Cullen said:
“In 2021, we’ll be investing the equivalent of over £1.5m to re-skill 200 adults in cyber. Re-skilling will be crucial to getting the economy back on its feet after the pandemic. This is Capslock’s sole purpose: to inject brand new cyber talent into the UK workforce, in an efficient, inclusive, and accessible way.
Meanwhile, Innovate UK’s executive chair Dr Ian Campbell said:
“In these difficult times, we have seen the best of British business innovation. Capslock, along with every initiative Innovate UK has supported through this fund, is an important step forward in driving sustainable economic development.”
Capslock intends to support the reskilling of 200 adults in 2021 in a bid to plug the UK’s cybersecurity skills gap. Applications are open now and courses will start in February 2021.