ElevateIP
ElevateIP is designed to support the improvement of IP Knowledge, the development of IP Strategy, and the creation of IP assets for startups in Eastern Ontario.
Offered by Invest Ottawa
Amount
3-tiered program of IP Education, IP Strategy development and IP Creation services; the client may be responsible for co-investing between 10% and 30% of the total cost of the Work
Quick eligibility check
Who can apply
You can apply if:
- You’re a Canadian-Controlled Private Corporation (CCPC) which owns or has exclusive rights to the IP looking to be protected;
- Your company is headquartered in Eastern-Ontario;
- Your company has less than 500 full-time employees;
- Your company plans to stay and grow in Canada;
Note: eligibility does not require your company to be an Invest Ottawa client.
About the funding
Invest Ottawa, Launch Lab, and Spark Centre are collaborating with Communitech and ISED to deliver a 3-tiered program:
- Tier 1: IP Education through training sessions, workshops, and online resources.
- Tier 2: IP Strategy development including patent mining and prior art searches, trademark searches, agreement reviews, and more.
- Tier 3: IP Creation such as patent drafting/filing/prosecution, trademark registrations, licensing agreement creation, Open-Source audits, and more.
Show all funding details
Invest Ottawa will assist the Client through the qualification and application process to receive supports toward the Development and/or Implementation of IP Strategies (the "Work").
Eligible Clients will be responsible for choosing and entering into an agreement with a qualified IP professional for the scoping out and delivery of the Work. The Client may be responsible for co-investing between 10% and 30% of the total cost of the Work.
The co-investment percentage will be based on a variety of factors including, but not limited to: capital raised, maturity of product/service, revenue, margin, sector/industry, startup demographics, financial health, value of IP and other factors. The factors and criteria will be shared with the Client in advance.
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