C5 launches the second annual Shield in the Cloud anti-corruption innovation challenge in collaboration with Amazon Web Services, SAP NS2 and PeaceTech Lab
Challenge once again seeks best-in-class technology to combat global political and corporate corruption and promote good governance
London July 13, 2018 – C5, the investment specialist firm focused on cyber security, cloud computing, and artificial intelligence, today announced that it has launched its second Shield in the Cloud innovation challenge, an annual competition designed to attract the best and brightest minds working in anti-corruption technology. The competition is run in conjunction with Amazon Web Services (AWS), PeaceTech Lab, and SAP NS2.
To mark the launch of the competition, Derek Maltz, the former Special Agent in Charge of the Special Operations Division of the Drug Enforcement Agency, recently spoke at the Houses of Parliament on Project Cassandra and related counter-Hezbollah operations, technology exploitation and his first-hand experience of dealing with transnational organized crime. This is the first of Shield in the Cloud’s Innovator Series, a set of talks and events that will run throughout the year to promote the competition.
The Shield in the Cloud innovation challenge is aligned with Goal 16 of the United Nations’ Sustainable Development Goals to promote just, peaceful and inclusive societies. This Goal seeks to hold institutions and governments accountable and transparent. It also aims to eliminate bribery and other forms of political and corporate corruption. Shield in the Cloud will select the most innovative startups, non-profits, corporations and governments working in cloud-based technology for anti-corruption compliance worldwide. The applications will be judged by an esteemed group of legal, business and industry experts.
The winners will be awarded AWS Cloud Credits to further build out their respective projects, and will become finalists for the PeaceTech Accelerator in Washington D.C. As part of the eight-week accelerator program, they will be supported by a highly experienced group of prominent international technology entrepreneurs, business leaders, investors and peace innovators to further develop their products. Best-in-class technical training is delivered by AWS solutions architects.
Andre Pienaar, Founder, C5, said:
“The interest we had in last year’s competition corroborates our firm’s belief that the private sector should be supporting and inspiring organisations who are fighting the corrosive and destabilizing force of corruption. Used for good, cloud-enabled innovation can sustain national and international security gains while building peace, and securing our children’s future. We look forward to seeing what inspiring companies and initiatives come through the programme this year.”
Georgina Callander, Director, Cloud Leadership Centre, C5, said:
“Our team greatly enjoyed watching the companies that passed through the first competition develop. Understanding how companies are responding to critical issues of transparency and compliance in their own society, be that their local community or their global market place, has been inspirational, as has seeing them relish the opportunity expand their network and investigate new ideas with those that they have met through our programme. We look forward to taking the competition forwards this year.”
This year there are three award categories, which are as follows:
- Dream Big Shield. This is the prize for the most innovative start up that uses cloud to enable anti-corruption compliance, or the most innovative technology company with the best application or platform on cloud that enables anti-corruption compliance.
- Government Shield. This is the prize for the government department or multilateral organization with the best programme to drive innovation in anti-corruption using cloud.
- NFP Shield. This is the prize for the NFP that uses cloud in the most innovative way to do anti-corruption work.
Companies can enter the challenge by emailing email@example.com.
Entries close on 31st December 2018.
Learn more about last year’s winners here.
For press enquiries contact:
John Merva and Sheena Munsami at C5Capital@hudsonsandler.com
C5 Capital Limited (“C5”) is a global venture capital firm investing in Secure Data Ecosystems. Investing in cyber security, cloud computing, data analytics and artificial intelligence. C5 has offices in Washington, London, Munich, Luxembourg and Bahrain.
C5 Accelerate is developing a Cloud Accelerator Cluster with Amazon Web Services (AWS) in Europe, the Middle East, Africa and the United States. Its mission is to accelerate best-of-breed start-ups to meet the growth opportunity being created by the geographic expansion of AWS, the world’s leading cloud computing platform. In Washington D.C., the PeaceTech Accelerator focuses on social impact technology (peacetech).