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Briefing takes on challenge of turning an idea into profit

Pictured above: Ed Wright a partner and head of Berryman's Technology, Media and Telecommunications team.

Owners and directors of companies with their roots in innovation can take a step-by-step, practical look at the life cycle of how to turn a brilliant idea into reality and profit, at a one-off briefing seminar hosted by lawyers at Nottingham firm Berryman.

The 'Concept to Completion' free breakfast event, on Wednesday 16th June, brings together speakers Ed Wright a partner and head of Berryman's Technology, Media and Telecommunications team, Steve Rudkin, Director of Business Initiation Group, (BIG), and Nick Fox-Male of patenting agency Patent Outsourcing.

"The session will deliver a practical and interactive introduction to the steps SMEs and OMBs can and should take to make their concept and 'big idea' reality," explains Ed Wright. "Whether they are in manufacturing and production, or emerging technologies such as life sciences or biotech, the session will address the greatest challenges they may face when striving to see their concept become reality.

"It is often difficult to know where to go for help, advice, support and funding to ensure success and profit, so this session and panel of speakers has been put together to address this," explains Ed Wright. "To illustrate the steps from protecting the intellectual property of the idea or concept, maximising its commercial potential to ensure success, to the grants and funding available to enable this, the session will use an actual case study - where the company received a Grant for £100,000 from emda to support of its research plans." 

As Steve Rudkin of BIG points out: "Smaller enterprises are often at a disadvantage to the larger corporates when it comes to the financial backing and access to funding for conceptual ideas, but there are funding schemes available to achieve and support exactly this" he will also explain how his most recent client - BM Catalysts benefitted from a Grant for Business Investment of £550,000 from emda to support its expansion plans." 

By following the steps we will pinpoint in this session, businesses will be able to maximise their chances of accessing and securing this financial support.

BIG is offering a free half day grant search consultancy to one delegate, to be drawn at random on the day.

For more details about or to reserve a place at the event, which runs from 8.00am to 10.00am on the 16th June 2010 at Berryman's Nottingham offices, contact Senita Vohra, Tel: 0115 945 3751, email: senita.vohra@berryman.co.uk. 

Berryman's commercial litigation team is running a series of seminars and workshops later this year that will cover topics including directors' duties and contractual remedies, which starts with a seminar on Restrictive covenants. 

For more information on Berryman view their website here: www.berryman.co.uk



 

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Article published by Midlands Business News on 7 June, 2010

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