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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 Fund and the Welsh Development Agency
Why IP?
• Be aware of IP – it’s dangerous not to!• Saves time and money• Creating a monopoly that’s legal!
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]
“+” 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
“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
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
Free IP Audit Report
• Quick & easy questionnaire• Free instant report on-line• Provided by legal experts (Morgan Cole)
Free IP Newsletter
• Bilingual monthly newsletter• Latest updates on IP & IP related activities• Monthly IP Market Intelligence Reports• Produced by PR Agency (Merlin)
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
Pilot Project
• Recognised by the World Intellectual Property Organisation as an example of ‘best practice’ for assisting SMEs
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
Type of Projects
43%
21%
12%
12%7% 5% 1
2
3
4
5
6
Bio/High Tech
Food/Lifestyle/Sport
Health/Disability
Educational
Traditional
Computer/Internet
Types of Activity
48%
29%
10%
8% 3% 2% 1
2
3
4
5
6
Patents
Trademarks
Licensing/IP strategies
Prototyping
Industrial Designs
Copyright
PatentingCountry Applications RegistrationsUK 17 3PCT 16 USA 7 6EUROPEAN 8 3CANADA 4 JAPAN 4 1INDIA 1 ISRAEL 1 KOREA 1
SOUTH AFIRICA 1 TRINIDAD & TOBAGO 1 AUSTRIA 1AUSTRALIA 1CHINA 1DENMARK 1EIRE 2FRANCE 2GERMANY 2ITALY 2MONACO 1NETHERLANDS 2PORTUGAL 1SPAIN 2SWEDEN 2SWITZERLAND 1
Trademarking
Country Applications Registrations
UK 8 1
CMT (European) 6
USA 4
EIRE 1
JAPAN 1
THAILAND 1
“A fabulous opportunity for SMEs to protect and thereby exploit their intellectual property. An outstanding initiative” Dr.Nils Von Sicard
“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
“The initiative has been crucial in sustaining our efforts in establishing and validating our product internationally” Nick Davies
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