CyberBay Awards $70,000 Grant to Actualization.ai for Cybersecurity Innovation

The CyberBay Innovation Challenge awarded a $70,000 non-dilutive grant to Actualization.ai for its SquarePact solution, aimed at enhancing cybersecurity for small and mid-sized organizations. The award was announced at the CyberBay Summit 2026, where three finalists pitched their solutions to a panel of judges. Actualization.ai's approach focuses on making cybersecurity more accessible and affordable, aligning with the challenge's goal of democratizing cybersecurity. The finalists also included HACKsee and RedShield, evaluated by leaders from the Tampa funding community. The initiative was led by Manish Agrawal, Ph.D., from the University of South Florida, emphasizing the need for practical solutions in the face of escalating cybersecurity threats. The grant was provided by Bellini Capital, supporting efforts to strengthen the cybersecurity ecosystem in Tampa Bay.

Key Points: • Actualization.ai won a $70,000 grant for its SquarePact cybersecurity solution. • The grant aims to make cybersecurity more accessible for small and mid-sized businesses. • The CyberBay Innovation Challenge highlights the need for practical cybersecurity solutions amid rising threats.