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WHAT ARE INTELLECTUAL ASSETS ANYWAY?

Read our guide - or find out more at the businesslink.gov.uk website.

IS YOUR IP FULLY UTILIZED?

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Views on Inngot

On Sollomon Valuations...

"We were interested in working with Inngot because we know that many businesses are considering ways to derive greater financial benefit from their intangible assets. While a value indication of this nature cannot replicate individual expert analysis, it represents a significant advance on other online methods available. At the very least, it provides a consistent starting point for discussions."
Mike Thornton, Partner, Valuations, Grant Thornton UK LLP www.gtuk.com
"The valuation process with Inngot was remarkably smooth and straightforward, especially given the number of variables in an IP valuation. This was in large part because of the excellent telephone support. The valuation we received tallied reassuringly closely with previous valuations we had already made and was extremely useful as an independent second source. I would therefore recommend Inngot to any firm looking to quantify the value of their IP assets."
Peter Brewin, Director, Concrete Canvas www.concretecanvas.co.uk
"The valuation from Sollomon allowed us to build up a better picture of the value we had built up in the business. It helped raise the amount of money we were seeking, and were offered, from £200k to between £400k to £500k."
Lynette Swift, Owner, SwiftConnect www.conexall.com
"I was advised that businesses like ours need to find ways to articulate the value that lies in our copyright, which we license to other organisations. I found Sollomon very straightforward to use and was pleased with the outputs – we are confident that they will strengthen our negotiating position."
Craig Story, Manager Director, Kodit Database Ltd www.kodit.com
"The whole IP valuation process is very user friendly and the team at Inngot are only a phone call away should you require any assistance. Overall a very useful exercise which has reinforced and consolidated the value of our company and our IP. We would recommend to any innovators that valuing your IP is essential especially if you are trying to raise finance to take your project forward. We are very happy with the quality of service and professional help we received from the Inngot team"
John Lockwood, Director, Sportfit Limited www.sportfit.co.uk
"The Inngot process is quick and easy especially when you take into consideration the intricacies of an IP valuation. This process was made even more efficient by the dedication, motivation and help of the Inngot team. The overall experience was positive and beneficial to the company."
Samantha Yandle, New Business Development Manager, Cymtec Limited www.cymtec.co.uk
"Inngot's Sollomon valuation tool was extremely insightful. Initially we used it to assess the value of our IP as a key component of the value of our business. The output document was then used as a basis for discussion at Board level around our existing IP position, protecting our IP and realising its potential. It was a very valuable exercise."
Craig Wareham, CEO, Augmentra www.viewranger.com

On the Inngot approach...

"Before we were introduced to the Inngot system we would struggle to explain to investors and other interested parties how our intellectual property was structured and valued. Having followed the very simple on-line steps we now have a document that clearly sets out the various elements of our IP and independently values it. We believe that the company will find Inngot very useful in securing funding and investment for future growth."
Nick Beckett, Director, Symltech Ltd www.symltech.co.uk
"Many innovative businesses are reliant on software which is difficult to protect or describe. Inngot provides our members with a means of explaining what makes them special, so that we in turn can bring their IP to the attention of a wider audience."
Chris Dunkley, Director, SPARC Technology Network www.sparcmiltonkeynes.com

On supporting Inngot...

"Strong innovative and competitive businesses are vital for the growth of the Welsh economy. Support from the Assembly Government will enable Inngot to develop and grow, while the services they offer are designed to identify and promote new business opportunities for other companies, which is particularly relevant in the current economic climate."
Ieuan Wyn Jones, Deputy First Minister for the Economy and Transport wales.gov.uk
"Intellectual property is highly valuable to a business and Inngot’s novel system allows businesses to showcase their ideas without giving away too much about the specific IP. We’re pleased to be investing in a business that has the potential to develop other businesses’ IP and commercialise it."
Ann Casey, Investment Executive, Finance Wales PLC www.financewales.co.uk