The Clydesdale and Yorkshire Banks’ IP100 has exceeded 100 entrants following a recent surge of applicants.
After a successful event last month at Venturefest in Birmingham, the IP100 team secured 14 new West Midland applications, bringing the total to almost 110, and making the IP100 the fastest growing business community in the UK.
The 100th entrant was Shewsbury based Shyre, a young and dynamic company focused on bringing new and innovative products and processes to the optical market. Shyre has spent a number of years developing its primary product, photochromic dip coating technologies for spectacle lenses, but has also expanded its product offering to anti-scratch and anti-fog coatings. To celebrate reaching our 100th entrant, a case study on the company will be featured in BQ magazine.
Lee Gough, Director of Shyre, said “we were delighted to be introduced to the IP100 at Venturefest and we look forward to the many benefits that being in the IP100 can bring, including meeting with sponsors, networking events with other entrants and businesses.”
The IP100 seeks to promote the value of IP within businesses across the UK. The community provides exclusive access to monthly events that provide opportunity to learn from experts in the field on how to better manage and exploit IP assets, and also give IP-rich companies the chance to network and learn from each other and our sponsors.
The IP100 also publishes an IP League Table which is published biannually in BQ Magazine. The League Table is based upon the assessment of five IP asset classes – Brand and Reputation, Patents, Critical Databases, Software, and Trade Secrets – and ranks innovative companies within the UK’s private sector in terms of their investment in and management of IP.
“The growing pool of IP-rich SMEs from micro-businesses through to £50m AIM quoted plcs, all of whom are IP-rich, growing fast and investing in IP and scaling up their business are all benefitting from the IP100 community,” said Bryan Hoare, Managing Director of BQ who compiled the IP League Table. “We are excited to be able to highlight the advantages that effective IP management can bring to maximise fundraising or exit.”
“Exceeding 100 members is a fantastic achievement for us, and the more entrants we sign up, the more opportunities we can offer our entrants. The IP100 has now been embraced by the business community as a unique and proprietary benchmarking tool to measure the effectiveness of entrants IP management and help them identify real measurable improvements they can make to their IP creation and IP management.”
Stephen Robertson from Metis Partners added: “IP-rich businesses often struggle to showcase their investment in intellectual property, and therefore miss out on opportunities to secure the uplift in their business valuation as a result.”
“The IP League Table gives SMEs recognition for the IP they’ve created. This is a unique opportunity to benchmark your company as IP-savvy and demonstrate to the world how IP-rich your company is.”
Read online at:
BQ Live: Eyes turn to the IP100