We work with SMEs at every stage of their lifecycle to help them make the most of IP

Typically an SME will fall into one of the lifecycle stages outlined below. Each stage has very different needs and IP requirements. We work with clients at each of these stages and are experienced in advising and building the right package of advice and IP rights to meet your business needs. Whether you're just starting out and preparing to covert a strong idea into an investable concept, looking for initial growth and scale or in the expansion or maturity stage, we can help you with your IP objectives. 

Each of these stages has very different needs and will require different types of advice. We tailor our services to the development stage you are at and work with you to maximise your IP at each stage of your business lifecycle. No one size fits all and every client is different so you will have a tailored team and aproach, but you can be confident the challenges you're facing we have dealt with many times.

 

SME Service

 

 

Five Reasons Why Forward-Looking SMEs Prioritise IP

 

1. It will lock out the competition
IP will stop your competitors from making use of your intangible assets such as your technology, designs or brands and may well steer them towards less well protected alternatives

2. It will enable you to charge a premium
IP gives you the ability to monopolise and exclude other people from your technology, design or brand enabling you to charge a premium price

3. It will make you more attractive to partners & investors
IP provides reassurance to investors and other potential partners that their investment won’t be impacted by competitors and they should be able to maximise their return

4. It will generate additional value & support revenue
IP will increase the value of your business and can also be used as a source of new revenue streams such as through licensing for example

5. It’s a tool for negotiation
IP is a useful tool as part of negotiations and can be used to help resolve issues. For example Freedom to Operate (FTO) issues can often be resolved with commercial agreements of there is an IP portfolio in place.

 

 

Small and Medium Sized Enterprises are the lifeblood of our economy and research suggests that high growth SMEs are typically those that invest in intellectual assets.

 

At Mewburn Ellis we work with SMEs from all over the world and from a diverse range of sectors. What they all have in common is a desire to work with a trusted, strategic advisor and with needing their help to build an IP portfolio to secure and drive the growth of their businesses.

Intellectual property (IP) should be seen as a power tool for economic growth and a valuable business asset. SMEs are often the driving force behind new products, brands and creative designs, but many of them are not aware of the IP system and aren’t fully exploiting their innovative capacity. IP rights are also important as they may enhance the value of an SME in the eyes of investors and financing institutions.

SMEs that apply for patents, trade marks or designs are more likely to experience high growth than SMEs that do not, according to a joint study by the EPO and the EUIPO*. The chance of an SME becoming a high growth firm increases by 33% if it uses "bundles" of trade marks, patents and designs, instead of one single IP right category. When left unprotected, a good invention/creation may be lost to larger competitors that are in a better position to commercialise the product or service at a more affordable price, leaving the original inventor or creator without any financial benefit or reward. SMEs face many challenges, not least the more recent issues that Coronavirus has brought. Now more than ever, SMEs need to be forward looking in the context of their IP and need a trusted partner that can support them as a strategic advisor and work as part of their team to help proactively navigate what can be a challenging area of law. 

* Source: EPO Publication High-growth firms and intellectual property rights: the IPR profile of high-potential SMEs in Europe

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SME Legal Resources

Small business leaders have to be educated on a wide range of topics and get to grips with key points quickly make the business decisions needed. The internet is a great resource but intellectual property is complicated and it can be challenging to know where to start. The guides below give you everything you need to know to have a good overview of the topic and make educated decisions

 

PATENTS TRADE MARKS  DESIGNS LEGAL ISSUES
UK Patents - The Basics UK Trade Marks - The Basics UK Designs - The Basics Trade Mark Oppositions
European Patents - The Basics EU Trade Marks - The Basics Community Designs - The Basics Patent Oppositions
Inventorship & Ownership What Route to Protection

Unregistered Designs - The Basics

Introduction to Technology Licensing
Registration of UK Patents & Designs Use It or Lose It International Design Registration Due Dilligence
The Patent Box UK Evidence of Use   IP Audit
  EUTM Evidence of Use   Transfer of IP
      Confidentiality

 

Read our Law and Practice guides

Talk to some of our SME specialists

Kate ORourke

Partner, Chartered European Trade Mark Attorney, Solicitor

Nick Sutcliffe-1

Partner, Patent Attorney - Life Sciences Specialist

Robert Watson

Partner, Patent Attorney - Chemistry Specialist

Jacqueline Pang

Partner, Chartered Trade Mark Attorney

Dan Thornton

Associate, Patent Attorney - Engineering Specialist

Sean Jauss New

Partner, Solicitor, Litigator

Jonathan Wills

Partner, Patent Attorney - Chemistry Specialist

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The IP Guide for the Forward-Looking SME 

Find out why IP knowledge is so important for ambitious SMEs

Whether you are aiming for an exit strategy through investment or acquisition, or to grow and further establish your business, IP can play a key role.

Perhaps you have some experience of IP but are you unsure if you're making the most of it? Perhaps you have no experience of IP and would like to understand how you could use it to your advantage?

Our IP Guide for SMEs will:

  • Help you ask and answer the right questions about IP
  • Outline small changes you can make that will make a huge difference to capturing and obtaining cost-effective and relevant IP
  • Help you understand IP life-cycle management and portfolio development
  • Help you have a keen eye on your commercial goals in an IP context

The report will be published in the new year and we look forward to sharing it with you. If you would like a copy please register you interest below. In the meantime, if you would like to speak to us about your needs, just get in touch. We would love to talk them through with you.

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