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Study on the design and set-up of a European Cybersecurity Investment Platform

The European Cyber Security Organisation (ECSO) and the European Investment Advisory Hub, a joint advisory initiative of the European Investment Bank (EIB) Group and the European Commission, announced their participation in a feasibility study on the design and set-up of a European Cybersecurity Investment Platform (ECIP). The new platform is expected to attract more investment in the European cybersecurity market. The feasibility study will be carried out by the Advisory Hub together with experts from the EIB Group and PricewaterhouseCoopers as a consultant. This public-private collaboration was initiated by the Basque Cybersecurity Centre (BCSC).

First step towards the European Cybersecurity Investment Platform (ECIP)

ECSO

The study is the first step towards a more comprehensive public-private pan-European approach in support of cybersecurity investments. Laying the groundwork for a European Cybersecurity Investment Platform, the feasibility study will look at possibilities to attract large international investors to Europe. It will also analyse various options for supporting small and medium-sized cybersecurity companies to enable them to scale up, stay in Europe and compete in the global market. Additionally, the study will look at ways to encourage private investments by providing access to and simplifying information about the European Union’s cybersecurity market and the possibilities of creating dedicated technical assistance support programmes for investors and clients.

The feasibility study to set up a European Cybersecurity Investment Platform is part of an initiative by the European Cyber Security Organisation that was launched with a letter of intent signed by 50 major European cybersecurity companies and organisations. The initiative aims to boost Europe’s industrial and investment capacity in cybersecurity and its uptake.