Intellectual Property (IP)

Intellectual Property (IP) is the most valuable resource on company balance sheets. Gone are the days when bricks, mortar, desks and chairs were your most valuable asset; today your IP, which is the results of your creativity and innovation, can deliver real value and must be engaged with to support and grow your business.

Every business needs to understand the value of their Intellectual Property and to have an IP Strategy, just as you have a business plan, so you need an IP plan.

How can we help?

Innovate UK Business Growth delivers fully funded, bespoke services for South West innovators, helping you to understand and utilise the value of your IP, fuelling business growth. Innovate UK Business Growth can help you: 

• Understand what IP is, how and why you must identify it and protect it. 
• Identify, protect and secure the value of your creativity and innovation, developed by you and your team. 
• By delivering an IP audit, in partnership with the UK Intellectual Property Office (IPO), providing IP advice and an effective IP strategy at a fraction of the true cost.                       
• Make intangible assets work harder, increasing the value of your business and helping you to secure investment and enable growth.

What clients say about Innovate UK Business Growth:

“If you’ve never worked on IP before, it’s not easy to determine what needs protecting and where you can save money. A patent lawyer will tell you to protect everything and before you know it, you’re snowed under with costs.

“Innovate UK Business Growth delivered an impartial IP audit that enabled us to identify necessary IP and licensing opportunities, project costs over the next eight years, and factor that into fund raising. 

“IP is the backbone of what we’re raising investment on, and we’ve secured funds that wouldn’t have been possible without this work,” - Tom Birbeck, CEO, ARC Marine 

Find out how Innovate UK Business Growth can help you to gain value from your IP: Contact the innovation team today.