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intellectual property services

background
a start-up technology company had identified an opportunity to develop a suite of tools in a particular downhole technology area.  the business owners had clear strategy to build and sell the business in a relatively short period (2 to 3 years), and recognised that developing an ip portfolio would add to the proposition.  funds were limited and revenue streams were not yet fully developed.

solution
lincoln ip was able to meet the company’s requirements by developing and implementing an ip strategy which was tuned to the objectives of the business owners.

ip relating to a large number of projects was captured and recorded. patent filing projects were carefully prioritised, and filing strategies were chosen to obtain an appropriate balance between early processing (and acceptance) of the patent applications, and deferring costs until the post-deal period. importantly, the strategy was required to retain filing options in territories likely to be of interest to prospective purchasers.

other activities included:
• full management of the ip portfolio of the company;
• establishment of in-house records;
• management of shared resources for task management and instructions;
• patent drafting, filing and prosecution;
• trade marking filing and prosecution;
• competitor watching and patent tracking.

a trade sale of the business was completed at around two years from start-up, with a significant proportion of its value attributed to its ip assets.

key points
1. a well-thought out ip policy is an important part of a business growth strategy for technology companies.
2. an appropriate ip portfolio helps build value in a business.
3. by understanding your objectives, we can help you develop an ip strategy which fits your circumstances.
4. our range of ip services allows us to effectively implement the strategies you choose.
5. we understand the support and service requirements of start-ups and sme's.

for more details please contact us.

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