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

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!

Why IP Wales?

• Six good reasons

Free Advice

• Objective advice and assistance

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 Training Materials

• On-line Training Materials• R&D Active High Tech SME Clients

Free IP Seminars

• LES events

Free IP Seminars

• LES events• Annual Conferences

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

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