The Global Security Challenge received great press coverage in the past few weeks. Here is a quick summary with a few soundbites:
"...MBA students at London Business School staged the inaugural security challenge last year, when British start-up Ingenia Technology took the $10,000 first prize for an anti-counterfeit laser-scanning device. Such was interest in the competition that the U.S. government's Technical Support Working Group raised this year's prize to $500,000"
(by Mark Trevelyan, Reuters, 26.11.2007) Click here for full story
Business Competitions - Where Big Ideas Bring Big Bucks
"Specifically designed to help start-ups in the booming post-September 11 security field, the second annual competition increased the prize money from $10,000 to $500,000 (thanks to the Technical Support Working Group at the U.S. Defense Dept.) making it "the biggest business plan competition in the world ..."
The Global Security Challenge
"The Technical Support Working Group, a technology coordinating organization co-chaired by the U.S. Departments of State and Defense, is a co-sponsor of the Global Security Challenge (GSC), a competition managed by MBA students at London Business School..."
(Office of the Spokesman, November 6, 2007) Click here for full story
Some of the GSC Startups Mentioned in the Press Recently:
"iViz, recognized as one of the Asia's top 5 security startups in the Global Security Challenge held by London Business School in September 2007," (Red Herring, January 2008)
"NoblePeak Vision Win’s Grand Final of Global Security Challenge 2007" (Security Magazine, November 2007)
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