Member Article

Government set to offer SMEs new IP tools

The Business Secretary has announced a new raft of measures to help SMEs better protect their intellectual property (IP).

Speaking at the Alliance for Intellectual Property conference Vince Cable said there would be more government resources introduced to help businesses to show what IP they have when looking for funding, and development of more accessible and effective IP marketplaces.

Details of the measures are expected to follow later today as the ‘Banking on IP?’ report is published, a piece of research commissioned by the Intellectual Property Office which examines the issue of access to finance for IP.

Minister for Intellectual Property Lord Younger said: “Improving access to finance builds on other existing and exciting initiatives designed to help SMEs.

“Measures such as the Patent Box are already showing how IP can add to the growth potential of best and brightest businesses.

“This report will hopefully raise awareness and add to the appreciation of IP, so that we can protect our creative industries and better support a resilient and stable economy.”

Further information on the measures will be available on Bdaily later today.

This was posted in Bdaily's Members' News section by Tom Keighley .