AccelerateIP: Protect, leverage and implement your intellectual property
Led by New Ventures BC and prime collaborator Innovate BC, AccelerateIP provides enhanced access to education, skills development, and financial support for protecting, managing, and leveraging your intellectual property.
AccelerateIP is offered through three core streams. See full program guidelines below.
Note that all program guidelines may be subject to change.
STREAM 1
IP Education and Awareness: Gain foundational IP training.
STREAM 2-1 and STREAM 2-2
IP Strategy: Apply for 1:1 mentorship and/or up to $25,000 towards select legal costs for IP strategy development.
Learn more about mentorship and strategy costs.
STREAM 3
IP Implementation: Apply for up to $60,000 towards select legal costs for IP implementation.
The Impact of IP
From 2017 to 2019, only one-fifth of businesses in Canada reported that they owned at least one type of IP.
38.7% of companies that owned IP said that it brought increased value to their business, such as competitive advantages, reputation and goodwill.
31% of businesses that reported owning IP said it led to increased revenues.
Nearly 30% of businesses that reported owning IP said it led to strengthened long-term business prospects.
New Ventures BC (NVBC) administers AccelerateIP. NVBC is a non-profit organization incorporated under the laws of British Columbia and is not an agent of the Federal Government.
AccelerateIP is an intellectual property initiative, and a recipient of the ElevateIP program funded by Innovation Science and Economic Development Canada (ISED). Learn more about program delivery partners across Canada.
