ISAIA-A: Increasing SME access to intangible asset audits
339,338
2023-04-01 to 2024-03-31
Collaborative R&D
Over $1 trillion worth of intangible assets are currently underexploited by organisations around the world. This is partly caused by the high costs of engaging financial and legal professionals to categorise and value them before identifying next steps for protection and commercial exploitation.
In this project, ISAIA-A, Abaton (a new UK legaltech startup) will develop a digital platform that enables SMEs to perform their own intangible asset audits.
Abaton will be supported by the University of Strathclyde Business School. Strathclyde's Dr Viktor Dörfler, a Knowledge Engineering specialist, will provide leading advice into the design of a unique interface.
The project will benefit from the expertise of legal and financial professionals at leading firms such as Mathys & Squire.
ACID-S - Accelerating the Creation of IP-Dependent Spin-outs
119,362
2022-10-01 to 2023-03-31
Collaborative R&D
Over $1 trillion of intellectual Property (IP) is currently underexploited by organisations such as corporates and unversities around the world. This is due to the difficulties and costs associated with regularly identifying and valuing IP assets, as well as recognised inefficiencies in the spin-out and commercialisation process.
In the project, new UK fintech startup Abaton will investigate the feasibility of a digital platform that allows R&D-intensive organisations to find internal, underutilised IP that can be spun-out for external commercialisation by potential entrepreneurs and SME partners.
Project success will open up future opportunities in the field of IP finance as well as the valuation and valorisation of other intangible assets.
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