Intellectual Property (IP) services
GovGrant offers a range of IP services
Businesses shouldn’t be intimidated by the legal and academic jargon surrounding IP.
GovGrant’s range of IP services can help you cut through the noise.
Should you be contacting GovGrant about your IP?
- Have you made an R&D claim but never considered patents?
- Are you put off because of legal costs?
- Are you looking to raise funds?
- Do you want to maximise opportunities overseas?
- Could a patent look good in the shop window for funding or exit purposes?
- Can you reduce your tax payment thanks to IP?
What can GovGrant do to help maximise your IP strategy?
Our IP services are focused on outcome and we share the risk of developing your IP. We are not interested in billable hours or academic badges but getting a clear and focused understanding of your IP opportunities.
Our work is in itself a valuable audit of your intangible IP assets. Whatever your business, your product and process IP could be significant and can be one of the most valuable assets your business owns.
Ensure your business recognises and receives the full credit it is due with GovGrant’s IP services
Find out more about
Intellectual Property includes, but is not limited to, trademarks, copyright, trade secrets and patents. It is in all cases an intangible asset that a company should value.
To think about a patent, there needs to be a novelty in the process or product that creates new knowledge that doesn’t currently exist. These can be subtle and may be a small change or improvement compared to what currenty exists in the market.
Prior art is simply the current knowledge readily known in the market. It is of significant importance, and a common mistake made by many SMEs, that even before a new product hits the market, for instance if it is shown at a trade show, as soon as it’s ‘out there’, it is classed as prior art and the patent opportunity diminishes rapidly.
The patent process is application based, through the Intellectual Property Office (IPO). The application usually includes a description of the product or process along with relevant diagrams to demonstrate the inventive step. The IPO will review and ask questions to understand the current knowledge and test the validity of the invention. Once they are satisfied, they will grant the patent which will be in place for up to 20 years.
Ensure your business recognises and receives the full credit it is due with GovGrant’s R&D tax relief services
Our IP services, including Patent Box, are closely linked with R&D tax relief and a company can often claim tax relief under both schemes. GovGrant can offer you advice to maximise your claims across both schemes. Find out more about our R&D tax relief services.
The information they gave us and support along the way was excellent. They are a very good partner.