Do you come up with new ideas or run a business? Do you have a great idea that could help solve a problem in the real world? With the help of the Intellectual roperty (IP) Labs programme, you can turn your idea into a business that does well.
IP Labs is a project of the Nigeria Office of the World Intellectual Property Organisation (WIPO) and The Orbra Company. They are looking for applications from Nigerian startups with ideas for a virtual incubation and acceleration programme that will help them use intellectual property to grow their businesses.
The goal of the programme is to help:
- Make goods out of new ideas that can be mass-produced.
- Make people aware of how to use IP for business.
- Make MVPs (minimum viable products).
- Put together pitch decks.
- Get the right IP rights for your inventions and new ideas.
- Talk to teachers, investors, and other important people in the ecosystem.
Read also: Africa must create favourable regulations for tech innovators
Who is eligible?
IP Labs is open to people or groups that have new ideas based on technology that solve problems in areas like finance, job growth, climate change, agriculture, etc. Your idea should have something that can be protected as intellectual property.
What you can expect
The programme will run from August to December 2023 and has two parts:
Stage 1: General advice on building a company, design thinking, pitching, and introducing IP
Stage 2: Incubation, Acceleration, and IP Management Clinics to help you use IP protection to grow your business
The IP Management Clinics at WIPO will teach you how to use IP as a business plan. Also, you’ll be able to:
- Make a pitch deck and a Minimum Viable Product (MVP).
- Talk to sponsors and guides.
- Talk to your friends.
- Find out about tools and plans for managing IP.
Investing in Innovation Africa (i3) calls for applications from innovators
How to Use the WIPO IP Labs
From August 16 to September 4, 2023, you can send in an application. Apply now at: https://www.wipo.int/about-wipo/en/offices/nigeria/ip-labs.html
Don’t pass up this chance to turn your new idea into a successful business. Use intellectual property and the help of IP Labs to drive the success of your company.
