Businesses to get greater intellectual property support

The Intellectual Property Office launched ‘IP for Business’ - a suite of five business tools which make sure firms can tap into up-to-date guidance to help manage their IP. It will also help firms get more relevant advice from their accountants and other business advisers.

The tools respond to the challenge of making sure businesses can generate value from ideas against a backdrop of poor understanding of IP rights and how they can exploit them. At the centre of the toolkit is IP Equip - a new, free interactive online training tool that helps businesses and their advisors to identify assets which may be protected by IP rights and think through the strategy for protecting them.

Minister for Intellectual Property Lord Younger said, “Intellectual Property is a prospect which small businesses often find rather daunting. However, ‘IP for Business’ shows is that with the correct support and guidance, this doesn’t have to be the case.

“The perceived barriers to successfully protecting and managing IP can be easily overcome. All businesses, regardless of their size or turnover, can use these products and I would urge them to do so to tap in their full growth potential.”

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