The Sussex Innovation Centre currently has grants available to support the commercialisation of intellectual property.
IP Grants are available to support knowledge-based SME businesses to cover 3rd party costs in the development of their own innovations. IP Grants are for a maximum of £5,000 net of VAT or a maximum of 50% of the direct 3rd party costs, whichever is smaller. You do not need to be a member of Sussex Innovation in order to access this grant.
What can I use the IP grant for?
There are a wide variety of situations where the funding can be applied to help bridge the gap to reaching an established business proposition, for example:
Reviewing pre-existing patents for similar market propositions
Filing a patent for a new technological innovation or invention
Trademarking brand properties and imagery for consumer goods
Product stability testing, kitemarking and meeting regulatory compliance standards
Manufacturing a proof of concept or prototype prior to seeking IP protection
Undertaking research to develop or secure new IP
What can’t I use the IP grant for?
Software development costs
Market research costs
Marketing of new products
If your business is interested in applying for an IP grant, find out more and enquire here.