Category

2017

Session 5: Investment in TERM

By | 2017, Pre-Accelerator Programme | No Comments


This webinar included talks from Matthew Durdy, MBA, Chief Business Officer (Cell & Gene Therapy Catapult) and Dr. Crystal Ruff, MBA, Business Development Consultant.

Developing a financial plan for your start-up can be a daunting task, especially for founders with a scientific or technical background. Forecasting your costs as accurately as possible, realistically valuing your product within the context of its market potential, and identifying your manufacturing cost-of-goods, are crucial prerequisites to securing an appropriate level of investment. Actually securing investment a whole new ball game- pitching to investors is a real art and often requires massive time commitments from company founders.
Read More

Session 4: Intellectual Property Strategy in TERM

By | 2017, Pre-Accelerator Programme | No Comments


This talk was given by Dr. MacKenna Roberts, a Legal Consultant from IP Asset Ventures Ltd.

Think about intellectual property (IP) from the beginning involving all layers of management. Identify potentially valuable IP early on (patent, trade secret, know-how, copyright, and trade mark). Which part of you IP is most valuable is not always straightforward. Consider what you may want to patent and what to protect as confidential know-how or trade secrets. Control confidentiality carefully protecting against inadvertent disclosures. Disclosing your invention will damage/destroy your IP. Documents protecting you IP (e.g. NDA/CDAs, IP clauses in contracts) are essential from the beginning. Do an IP landscaping exercise early on to identify competitors, potential collaborators and infringers. Maintain a clear paper trail from the beginning recording the IP, its proposed method of protection, and its ownership. Sorting out IP ownership retrospectively is messy and expensive.
Read More