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What is Incubators and Accelerators

Generating Entrepreneurial Ideas With AI
Incubators and accelerators are programs or organizations that provide support services, mentorship, and resources to early-stage cybersecurity startups and entrepreneurs, helping them develop and grow their businesses through structured programs, networking opportunities, and access to funding.
Published in Chapter:
Entrepreneurship Opportunities in Cybersecurity
Nick Rahimi (University of Southern Mississippi, USA), Saydul Akbar Murad (University of Southern Mississippi, USA), and Sarah B. Lee (University of Southern Mississippi, USA)
Copyright: © 2024 |Pages: 20
DOI: 10.4018/979-8-3693-3498-0.ch008
Abstract
Cybersecurity is becoming the center stage and the rightful stage for geopolitical and global business. With data privacy regulations in place, the world has experienced serious attacks. These attacks need specialized attention from highly skilled personnel to counter them. From the international perspective, venturing in cybersecurity business requires one to apply new approaches towards countering the attacks. Cybersecurity companies have raised over 21 billion dollars to create enough capital to enhance security and control. More cybersecurity unicorns such as Orca, Claroty, Wiz, Axonius and BigID have emerged to give their contribution. More and more entrepreneurs have identified this opportunity and are willing to benefit from such funding for easy startups. More than three million cybersecurity opportunities are yet to be exploited. This has been as a result of the talent gap between client's expectation and what service providers are able to offer. New entrepreneurs can utilize this opportunity and adopt the right technology when handling active cyber-attacks.
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