Cash will help students protect bright ideas

Published: 13 March 2015 at 13:01

Bid by Entrepreneurial University of the Year wins £71,000 Government grant

Anglia Ruskin University has won a Government grant of £71,000 to boost Masters’ students understanding of intellectual property guidelines.

The DEVEL-IPR project, masterminded by Aimi MacCormac of Anglia Ruskin’s Faculty of Medical Science, was awarded the cash at the IPO (Intellectual Property Office) StudentshIP Enterprise Awards. It will now be set up across all three campuses and will focus on medical technology, design and engineering sectors.

Workshops will encourage students to set up ‘companies’ that have invented a new product, process or service to road-test an intellectual property management strategy that will help them exploit and commercialise the idea.

The strategy will be supported by a series of webinars, podcasts and open educational training resources to reach as wide an audience as possible, and by setting up contacts with intellectual property experts to help identify and commercialise real intellectual property that students may have developed.

Aimi MacCormac, Faculty Business Manager, said:

“We’re thrilled to have been chosen for this award for the DEVEL-IPR project. It is vital that our graduates are aware of intellectual property issues and the resources we will be able to provide thanks to this grant will help us produce a new wave of IP-savvy entrepreneurs graduating from Anglia Ruskin.”

A total of ten projects received a share of £450,000. The winners were announced at the IPO StudentshIP Enterprise Awards at The Paintworks, Bristol.

Minister for Intellectual Property, Baroness Neville-Rolfe DBE, said:

“Our economy is increasingly knowledge based, as we now invest more in ideas and knowledge than in buildings or machinery. Having an early working knowledge of intellectual property is crucial and we must foster the entrepreneurial capability of the next generation, to secure the UK’s continued global competitiveness."

“The StudentshIP Enterprise Awards and the new ‘IP Tutor’ online tool will teach students how to best apply IP skills within their chosen field and successfully protect the benefits of their ideas and inventions.”