This scheme intends to bolster post-pandemic recovery and enable businesses to grow by providing them with the opportunity to confidently invest in their IP.

The UK government will contribute up to £5,000 of additional funding to allow businesses to put the recommendations from the IP audit report into action.

What services does the grant cover?

The IP access grant can be used to cover costs associated with:

- IP valuation and insurance

- Licensing and franchising

- The management and commercialisation of IP assets

- Tax relief advice

- Fees for IP services

What businesses can access the IP Access grant?

To be eligible, the business should have undergone a part-funded IP audit between April 2020 and March 2022 with an IP Audit Plus partner (for example, the Welsh Government, the Enterprise Europe Network or Scottish Enterprise).

How Secerna can help

The attorneys at Secerna LLP have a wealth of experience in advising businesses of all sizes on IP portfolio management. We can assist SME’s eligible for the grant to extract the maximum value from your IP, enabling further growth and development. If you would like any further information, please do not hesitate to contact Charlotte Watkins or Huw Jenkins at docketing@secerna.co.uk.