The significance of intellectual property for startups
FAQ
- Does a startup need an IP strategy?
- Yes. Although resources may be limited in the early stages, an IP strategy helps startups to:
- Protect their key innovations and competitive advantage
- Avoid risks, such as infringing the rights of others
- Increase company value in the eyes of investors
- Support growth and international expansion
- Yes. Although resources may be limited in the early stages, an IP strategy helps startups to:
- Do IP rights protect a startup in disputes?
- Yes. Properly protected intellectual property rights provide startups with a strong position in disputes and enable them to defend their business effectively. This requires that the rights are registered correctly and actively monitored and enforced
- Do companies that own IP perform better in the long term?
- Yes. Companies that register and protect their intellectual property rights generate, on average, up to 44% higher profits than companies that do not protect their IP assets.
- Why is IP an important competitive advantage for growth companies?
- IP-intensive industries attract the majority of venture capital and private equity investment in the EU. More than 88% of all investment is directed towards these sectors.
- Do IP rights help increase market share?
- Yes. Intellectual property rights support market share growth by improving competitiveness, strengthening market differentiation, and enabling sustainable business growth. Acquiring IP is crucial for increase market value.
Papula-Nevinpat has extensive experience in supporting startups and growth companies with intellectual property matters. Our startup clients include companies such as Canatu, IQM, Dispelix, and Elfys.
We help businesses recognize the value of intellectual property from an early stage and build a solid foundation for sustainable growth. Our goal is to ensure that valuable innovations are properly protected, the importance of confidentiality is understood, and the IP strategy supports both business growth and fundraising.
We have worked closely with Aalto Startup Center and ESA BIC Finland for many years, helping startups and growth companies navigate intellectual property matters.
As an approved service partner in the European Innovation Council (EIC) Service Catalogue, we support EIC-funded companies in protecting their innovations, developing strong IP strategies, and accelerating their growth and international success.
Funding opportunities
Various funding opportunities are available to help startups grow and protect their intellectual property.
- Business Finland
- EUIPO SME Fund voucher scheme (annual application round)
- Venture Capital Investors
We help startups identify and utilize the most suitable funding and support opportunities, including Business Finland Tempo funding and the EUIPO SME Fund. We understand investors’ expectations and requirements regarding intellectual property and help ensure that your company’s IP is well positioned for investment rounds, investor discussions, and long-term growth.
To get an overview of your current IP situation, contact us to schedule a free meeting with one of our experts. You can also contact Ville Kari, tel. +358 43 825 3387 or schedule a meeting here.