In Bochum and the surrounding area many succesful IT security spin-offs have been founded. A unique ecosystem of science, economy and startups has been risen. „Cube 5″, a project of the Horst Görtz Institute for IT Security, supports IT security spin-offs at Ruhr University Bochum and is sponsored by the Federal Ministry of Education and Research.
Celebrating the Start
Cube 5 was officially opened up on May 9th 2018 at ESCRYPT company. One of the first spin-offs at HGI. ESCRYPT today belongs to automobile supplier Bosch. Beside Cube 5 and its eCAPITAL-partner, Bochum as IT security hotspot was presented to a highclass audience from politics, economy and science.
Cube 5 is accompanied by venture capital investions of its cooperation partners eCAPITAL Entrepreneurial Partners AG. The venture capital group from Münster will support startups from Cube 5 with 50 million euros to enable an accelerated development and international competitiveness for the young entrepreneurs.
Between Bochum, there were set up incubators in Saarbrücken, Darmstadt and Karlsruhe. The Federal Ministry of Education and Research (BMBF) sponsors the projects with 500.000 euros to begin with one year.