The creation of a £ 9 million state-of-the-art Cyber Security Center in Hereford could take a big step forward next week as Council Presidents approve investment in a company with the University of Wolverhampton.
The Herefordshire Council is urged to approve the establishment of the new joint venture with the university to build the center in Skylon Park, which could create 190 jobs.
If approved, the University and the Council would grant a loan of £ 5 million in total to the new company.
Those pushing the system say the new center, through the Wolverhampton Cyber Research Institute, will provide the university with high-quality research facilities and provide office space for tech companies and training facilities that are specifically targeted for cyberspace threats.
They also say that the center will help attract investment and become part of a nationally important cyber network with GCHQ in Cheltenham, the Government Cyber Center in Newport, South Wales, and Qinetiq in Worcestershire.
The University of Wolverhampton has already successfully received £ 4 million in grants from the Marches LEP Local Growth Fund and the European Regional Development Fund for the program.
The Cabinet of the Council is recommended to support the proposals and will examine the plans on 13 December.
The center will provide more than 1,000 square meters of R & D space in three cyber laboratories, business premises for 16 companies and an integral part of the University's Cyber Research Institute.
Local, regional and national companies can participate in cyber security training, try out new products and participate in the development of new technologies.
The Council says the joint venture will help ensure that the center of the region and the Hereford Enterprise Zone bring the greatest economic benefits.
Professor Ian Oakes, Deputy Vice Chancellor at the University of Wolverhampton, said, "The university has already built strong, partnering relationships with key companies to engage in cyber research, training programs and business development, and has a number of research teams working with the Internet related development of cyber security.
"Our strategy is to bring together our collective expertise in a center of excellence with partners in the UK and internationally.
"The new center will organize, promote and support the development of cybersecurity on a global scale, while providing us with the opportunity to develop high quality academic, vocational training and education programs to overcome the national skill deficit."
City Council David Harlow, Herefordshire Council's Economics and Communications Cabinet Member, said, "Cybercrime is currently costing the United Kingdom an estimated £ 20 billion a year. Addressing this issue is at the forefront of global innovation.
"The new Cyber Security Center will make a major contribution to this burgeoning new area, including the provision of business premises for research, the testing of product labs, and training and education opportunities. This will bring significant investment in the region.
"Herefordshire already has a cluster of cyber security companies, and we're proud to be at the forefront of this emerging global field of expertise."
Andrew Manning Cox, President of the Hereford Enterprise Zone, said: "The new Cyber Security Center at Skylon Park will bring the region to the forefront of cybercrime in this country.
"It will create up to 190 quality jobs and establish Skylon Park as a natural home for cybersecurity research and innovation in the country. We already have a cluster of companies operating in this sector, and the center will be crucial to building on that expertise. "
The new center will provide an innovation workspace for small and start-up companies from which to operate, and will provide advisory support from the university as well as shared facilities, including lab space and classrooms.
It will provide a range of specialized facilities for the cyber sector, including server and high-speed broadband, and research and development laboratories.