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Inngot and Big Innovation Centre are partnering to create a new finance support offering for high potential businesses. Quantiply will help companies leverage their intellectual property (IP) and intangible assets for debt and equity funding.
Quantiply is the new name for the Entrepreneurial Finance Hub. It aims to bridge the ’information gap’ between companies and prospective lenders and investors by helping innovative businesses to identify and communicate their intellectual property (IP) and other intangible assets. As part of this process, all companies are encouraged to profile and value their IP using Inngot’s online toolkit, particularly the Appraise Action Plan tool to consider how to strengthen their IP proposition.
Richard Blakesley, Quantiply’s Chief Executive, explains: “Collecting data on intangible assets and having a means to understand and analyse their potential value is central to our approach. We have been working with Inngot since the Big Innovation Centre first identified the need to intervene in this area, and its tools have proved highly effective and popular with the companies going through our process.”
Quantiply has already attracted companies across a range of sectors, including electronics, advanced materials, environmental technologies and food insustry innovations. One of the many satisfied users of Inngot’s toolkit is Koji Drinks, whose director Tim Chater says: “It reminded us why we set the business up. It was incredibly useful… It just enables discussions really”.
The Quantiply process is currently being rolled out regionally across the UK, with cohorts in London and Edinburgh due to be joined shortly by companies from the North West of England.
IP expert Inngot offers a suite of online tools to help innovative businesses identify, manage and value intellectual property and intangible assets. In addition to its IP valuation tools, it contributes to the international debate on how best to help SMEs in particular uncover and leverage the value locked up in their IP and intangible assets and offers bespoke IP valuation and technology valuation services.
Inngot is known for its work with governments, international Non-Governmental Organisations (NGOs) and leading business groups in developing policy that drives appreciation of the true value and significance of intangible assets in the 21st century global economy. Publications include Banking on IP? (UK IPO, 2013), Penalty Fair? (UK IPO, 2015) and Intangibles, Intellectual Property and Integrated Reporting (ACCA, 2015).
