Intellectual Property (IP) can be both integral and instrumental to the future growth of a successful business. Protecting your innovation can help give your business a competitive advantage, creating new opportunities and increasing the company’s value.
If your business is a small or medium-sized enterprise (SME) and you believe that it could benefit from specialist IP support, you could be eligible for the UK IPO’s Audit scheme. For suitable SMEs, the scheme provides a part-funded audit, contributing up to £2,250 (including VAT). The participating business should provide £750 (including VAT) towards the total cost.
Businesses that obtain this support can receive a bespoke IP Audit report with recommendations as well as cost estimates and a proposed timeline for implementation. Additionally, businesses that take part in the scheme can receive a follow-up meeting with an IP professional to discuss the recommendations of the IP Audit report.
For more details, please see the Chartered Institute of Patent Attorneys (CIPA’s) website at:
https://www.cipa.org.uk/news/uk-ipo-launches-new-sme-financial-support-scheme-ip-advance
To check eligibility requirements and apply for an IP Audit contact your relevant regional partner listed on CIPA’s website.
If you want to discuss any of your IP requirements with us, then please contact us at: mail@MorelandIP.com or via www.MorelandIP.com
