We have the tools to get you started..
"IdeasPatch is unique platform designed to fund the full cost of patent applications for start-ups and SMEs, whilst offering investors a share in successful innovations. The funding solution, tailored towards the need of start-ups and SMEs, creates a number of advantages for firms that want to innovate and create wealth."
- Customers upload the patent application and business plan. Applications are subject to review by our team of business analysts and attorneys so make sure to check out the guidance and support provided.
- Once approved, the application is promoted on the platform and investors are able to pledge money to fund its development.
- Once funding is completed, the application is transferred into an SPV set-up to fund the process. Full commercial rights are licensed back to the business and investors receive a share in the commercial success of the invention.
Key benefits of IdeasPatch to start-ups and SMEs
- IdeasPatch funds the entire application process, with an initial £500 search fee returned on successful completion of the fundraise.
- IdeasPatch builds knowledge and awareness around the entire IP portfolio, so businesses can plan and execute innovation from start to finish.
- The patent is held in a separate special purpose vehicle (SPV), meaning businesses can exert full control over the asset, without long term obligations or commitments.
Our license model..
The IdeasPatch license model...
- The business has full control over the asset - retaining the ability to license and sub-contract various elements of the patent rights should it wish to do so.
- Should the business itself receive investment or become the target of an acquisition, the patent can be quickly and effectively reincorporated into the balance sheet, for a fixed amount.
- The assets themselves are held in separate entities, meaning the potential for litigation disputes is much reduced (claimants cannot win control of the asset).
- IdeasPatch provides start-ups and SMEs with advice and support when it comes to using the patent; as well as insurance cover that ensures access to the funds necessary to enforce and litigate, should you need to.
Watch our video...
Visit our Inventor Portal and begin your innovation journey today..