Grow is one of our three strategic objectives:
Growing an Australian cyber security ecosystem
The growth potential for the Australian cyber security sector is enormous. AustCyber’s most recent Sector Competitiveness Plan suggests that in 2018, Australia’s external spending on cyber security products and services grew by eight per cent to A$3.9 billion (compared to six per cent growth in 2017).
With strengths in core research areas and the second highest cyber maturity in the Indo-Pacific, Australia is well-placed to be one of the most promising growth markets for the industry.
At AustCyber, we will contribute to this rapid expansion by supporting Australian cyber security start-ups who are establishing or building their businesses. Our industry experts help small organisations find their first customers by introducing them to our extensive cyber security network.
We assist business owners with commercialisation by improving their research focus and making access to seed and early-stage venture capital simple. When it comes to selling products, AustCyber makes it easier for small businesses to navigate procurement processes for both government and the private sector, guiding founders and entrepreneurs through the first steps of growth.
AustCyber is passionate about the power of the cyber security industry as an enabler of growth across every sector of the economy. Our recent roadmap, drafted in partnership with CSIRO, details how cyber security can promote digital transformation and growth in a number of industries that form the backbone of the Australian economy.