Potter Clarkson is hosting a special, free IBioIC fringe event for individuals and businesses looking to turn their innovative ideas into successful businesses. In this interactive session we will share practical tips and insights on how to identify innovation, create an effective IP strategy, and attract investment. We will also explain the various commercialisation and licensing models to help you take you products to market and maximize your revenue potential. This event is open to everyone, and you do not have to be a delegate of the IBioIC to attend. Don't miss this opportunity to learn how to turn your great idea into great business!

Agenda

14:00 - 14:30: Registration & refreshments

14:30 – 18:00:

Practical Patentability

Building IP strategies to secure investment

Maximising Value from your IP – Agreements and Tips

With a break for refreshments 

Venue:

University of Strathclyde

The Technology and Innovation Centre

Conference Room 7 

99 George Street 

Glasgow 

G1 1RD

Part 1 – Practical Patentability

Being able to protect your innovations relies on you, or someone within your organisation, recognising that you have an innovation in the first place.  What does an “invention” in terms of patentability look like? What, if any, data do you need to support a patent application, and what does the process look like.  This can be particularly challenging for scientist-founders, coming from a research background where many things are “obvious” – but are they really?

We will take you through innovation capture and protection from the point of view of the scientist and/or founder working at the interface of science and business.

Part 2 -  Building IP strategies to secure investment

The importance of due diligence in any deal, whether it’s a takeover or an injection of investment capital, cannot be over emphasised.

When it comes to securing investment, a good idea on its own is often not enough to sustain investor interest.  Investors want to see that you have the strategy, resources, processes and - of course - intellectual property (IP) protection to achieve the level of linear growth that will deliver the financial return they want.

For technology-driven businesses looking to attract a buyer or additional investment, ensuring the intellectual property portfolio is “due diligence ready” is essential if a sale or investment is to progress easily.

We will take you through our practical top tips for ensuring that your IP is investor ready.

Part 3 – Maximising Value from your IP – Agreements and Tips

Businesses rely on commercial agreements to generate revenue and value in their business, all of which are important for business success. 

At the earliest stage you may want to put a non-disclosure or confidentiality agreement in place so your innovations aren’t compromised when seeking to develop or exploit them with collaborators. As you grow you may need to enter into a collaboration or partnership agreement for growth or look to licence your technology to third parties. 

We will explain the various agreements you may need and how to get the maximum commercial value from them, and how to best protect yourself when negotiating.