What We Do
Your AgorIP journey step by step. . .
How we do it
Step 1: Have you got intellectual property and would like help bringing it to market? Complete our simple inquiry form. (hyper link to inquiry form)
Step 2: The team will carry out market research to check the commercially viability of your invention before being accepted onto the AgorIP programme of work.
Step 3: If accepted, we will enter into a simple contract to agree what both parties get from engagement.
Step 4: The team will explore if your intellectual property (IP) needs to be protected
Step 5: You may be assigned a commercial lead who will help you create a business plan to “pitch” to external investors.
Step 6: We will provide funding to refine your current product or idea or develop a prototype and test its function.
Step 7: We will help make your idea or innovation “market ready” – by either building a “start-up” team around you or help you create a “start-up” company or help you license your product.
Step 8: If your start-up is pre-commercial and requires funding to bring your product or service to market, we can provide seed funding on a matched funding basis.
Step 9: Once you have successfully finished your AgorIP journey, you will have a product or service which is ready to be launched into the commercial market.
AgorIP is open to anyone based anywhere in West Wales, North Wales or the Valleys. Anyone based outside these areas may also be able to access AgorIP support, but will need to demonstrate some economic or other benefit to one of these regions. The AgorIP team is happy to advise you on whether you are eligible for AgorIP support.
What we don’t do
- Give you money, it works with you and funds activity for a shared outcome.
- Support everything, we only support opportunities that make commercial or economic sense.
- Support opportunities where Swansea University believe we cannot add value.
- Support opportunities forever – if there is no commercial traction we will stop and hand back the opportunity to you.
- Support opportunities where the benefit is outside of the funder’s supported region – which is made up of West Wales, North Wales and the Valleys.