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IP WALES INITIATIVE Andrew Beale Director IP Wales is a business support initiative under the Technium® strategy part funded by European Regional Development.

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Presentation on theme: "IP WALES INITIATIVE Andrew Beale Director IP Wales is a business support initiative under the Technium® strategy part funded by European Regional Development."— Presentation transcript:

1 IP WALES INITIATIVE Andrew Beale Director IP Wales is a business support initiative under the Technium® strategy part funded by European Regional Development Fund and the Welsh Development Agency

2 Why IP? Be aware of IP – it’s dangerous not to! Saves time and money Creating a monopoly that’s legal!

3 Why IP Wales? Six good reasons

4 Free Advice Objective advice and assistance

5 50%+ Reimbursement Grants Patenting Trademarking Industrial Designs Copyright Database rights Know-how Licensing (In & Out) [Individual Project Limits (exclusive of VAT) of £6000 international patenting, £5000 licensing, £750 UK Trademark, £500 Alert Service, £2,500 the rest]

6 “+” Element of the Grant Patenting = 50% + 12.5% off professional fees Trademarking = 50% + 12.5% off professional fees 25% off watching service Industrial Designs = 50% + 10% off professional fees Copyright = 50% + 10% off professional fees Database rights = 50% + 10% off professional fees Know-how = 50% + 10% off professional fees Licensing (In & Out) = 50% + 10% off professional fees

7 “What’s the catch?” We are in the unusual position of giving away money to our membership – but it has to be: To the right firms – SMEs in Wales For the right purpose – wanting to use IP At the right time – to grow their business and create/safeguard jobs

8 Our ideal applicants Welsh SMEs with: An international vision to commercialise their IP Looking to safeguard 2 existing jobs and create 2 further jobs with our support Who will help us to promote their success in using IP to other SMEs in Wales

9 Free IP Audit Report Quick & easy questionnaire Free instant report on-line Provided by legal experts (Morgan Cole)

10 Free IP Training Materials On-line Training Materials R&D Active High Tech SME Clients

11 Free IP Seminars LES events

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13 Free IP Seminars LES events Annual Conferences

14 Free IP Newsletter Bilingual monthly newsletter Latest updates on IP & IP related activities Monthly IP Market Intelligence Reports Produced by PR Agency (Merlin)

15 Our Tasks Raise your awareness of IP –What you do own, do not own and could own Help you to protect your IP –You make the decisions knowing all the options and their true costs Help you to commercialise your IP –Licensing deals

16 Pilot Project Recognised by the World Intellectual Property Organisation as an example of ‘best practice’ for assisting SMEs

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18 Pilot Project Recognised by the World Intellectual Property Organisation as an example of ‘best practice’ for assisting SMEs Welsh Winner of the One2One Best for Business Award in 2000

19 Type of Projects Bio/High Tech Food/Lifestyle/Sport Health/Disability Educational Traditional Computer/Internet

20 Types of Activity Patents Trademarks Licensing/IP strategies Prototyping Industrial Designs Copyright

21 Patenting CountryApplicationsRegistrations UK173 PCT16 USA76 EUROPEAN83 CANADA4 JAPAN41 INDIA1 ISRAEL1 KOREA1 SOUTH AFIRICA1 TRINIDAD & TOBAGO1 AUSTRIA 1 AUSTRALIA 1 CHINA 1 DENMARK 1 EIRE 2 FRANCE 2 GERMANY 2 ITALY 2 MONACO 1 NETHERLANDS 2 PORTUGAL 1 SPAIN 2 SWEDEN 2 SWITZERLAND 1

22 Trademarking CountryApplicationsRegistrations UK81 CMT (European)6 USA4 EIRE1 JAPAN1 THAILAND 1

23 “A fabulous opportunity for SMEs to protect and thereby exploit their intellectual property. An outstanding initiative” Dr.Nils Von Sicard

24 “ This has been a valuable source of support for us as a small company during a period of vulnerability, due to high IPR and prototyping costs” Dr.Rassi

25 “The initiative has been crucial in sustaining our efforts in establishing and validating our product internationally” Nick Davies

26 Dr Robert Wallis Bio-Discovery Limited John Emmett High Torque Fastener Systems Kevin Smith Innovation 2 Market Limited Alan Wenden Adwell Foods Limited Malvina Adams Aheadwrap Limited Tim Duffee (Darrian Cars) Edward Reed Almaid Limited Joel Upton Mediglide ® Andy Shercliff XL Wales Dennis Yarnold Yarnold Autos Dr Gerhard Manogg Imagitech Limited

27 IP WALES INITIATIVE Andrew Beale Director IP Wales is a business support initiative under the Technium® strategy part funded by European Regional Development Fund and the Welsh Development Agency


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