We will work with you to develop strategies to identify and realise the commercial potential of your IP so you can create a valuable revenue stream for your business.
By providing strategic advice on licensing and other income generation sources, by formulating policies and by lobbying for a beneficial legislative and economic environment, we can help you to ensure a long term revenue stream – driven by IP.
We provide a suite of IP consultancy services designed to enable you to identify, understand control, manage, monetise and protect the intellectual assets of your business.
We can also consider with you which territories should be covered by the IP strategy, the extent to which any external investment is needed to take any product to market, and whether there are licensing opportunities.
We can put together checklists, polices and guidelines to form the basis for creating a common culture for you to maximise your investment in IP.
Public affairs services
We have lobbied very successfully for legislative change across all parts of the IP industries but in particular music (via PRSforMusic, MCPS, the MPA, BIEM, CISAC and British Music Rights), design (ACID), computer software (FAST), brands (ACG) and the Pharmaceutical sector (BAEPD). We were involved in drafting the legislation that eventually was implemented in law in the UK as the Copyright and Trade Mark (Offences and Enforcement) Act 2002, and the IP Act 2014 and have also advised Government on copyright, designs and IP crime issues.
Once your IP has been identified, and protected as far as possible through registrations, we can help you to value it.
The primary reasons for valuing IP are as follows:
- It provides an objective basis for assessing a business’ worth
- It is useful to provide a benchmark for licensing the IP
- To help identify the most effective and efficient taxation strategy.
- It may be important to estimate the value of a right in legal proceedings e.g. to quantify damages in an infringement case
- If the business becomes bankrupt or is re-organised it will be necessary to form an assessment of its value
Once the IP of a business has been identified, and an appropriate strategy devised for maximising its potential through a valuation and any necessary registrations applied for or obtained, we may recommend to you to consider the financial aspects (including tax) aspects of the ownership or licensing structures including obtaining tax advice. We work with trusted advisers in this field and are happy to recommend them to you.
One of the purposes of creating an IP strategy is to assist businesses to secure external investment and funding. We work with specialist IP investment teams and angel investors. Where we successfully assist you to obtain funding for your business we reserve the right to charge a finders fee.
We can also support you in accessing funding (subject to eligibility and availability) for the IP strategy or audit as provided by Innovate UK Edge (formerly Enterprise Europe Network), Scottish Enterprise and the Highlands and Island Enterprises, or the Welsh Government, in order to assist in covering the costs of preparing the IP audit for your business.