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The Innovation Service

Many companies and individual entrepreneurs have a great idea or see a gap in a market but don't have the experience to make it happen. The LBSS Innovation Service has been developed to provide you with the ability to assess the viability of your concept and exploit its potential.

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Have you got a bright idea but unsure if it will work?
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How would you protect your IP - Intellectual Property - (patents, design registration, copyright, trade marks) to stop people copying your ideas?
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Do you know if someone else is already doing it?
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How big is the market for your idea?
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How much will it cost to develop it?
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Where can you go for funding?
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Should you make it yourself or licence the rights to someone else?
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Where can you go for technical assistance on design / manufacture?
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Which is the optimal route for your sales strategy - retail, wholesale, web, distributors, agents, license?
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Should you 'go it alone', or set up a Joint Venture?
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What project management: skills will you need?

How we can help

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Assess the technical viability of your proposal
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Assess the commercial viability of your proposal
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Research existing competitors / potential markets
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Provide access to specialist IP lawyers
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Develop your strategy with you
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Define the optimal route forward for your idea
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Liaise with designers, manufacturers, research agencies, universities, sellers
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Advise on types and sources of funding, and making introductions
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Advise on R&D grants and completing applications
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Develop the marketing strategy: branding, promotion, packaging, sales

In summary, we can help you with any aspect of exploiting your innovation, working in total confidentiality.

To take advantage of this service click here>>