Your guide to planning your business exit
Planning your business exit might not appear as exciting as building it, but it is just as important. A clear
Government-backed audits to help your business identify, protect and maximise the value of its intellectual property.
Through the UK Intellectual Property Office (UKIPO), eligible businesses can receive funding for a comprehensive IP audit – helping you understand, secure and make the most of your valuable ideas and innovations.
An IP audit is a structured review of your business’ intellectual property, covering what you own, how it’s protected, and any potential risks or opportunities. It’s the first step in building a stronger, more resilient commercial strategy around your brand, technology or product development.
We regularly see innovative businesses operating without the right IP protections in place. That can mean missed commercial opportunities or exposure to legal and reputational risk. A well-executed IP audit can safeguard assets, support growth and improve investor confidence.
Under the UKIPO scheme, eligible businesses receive up to £2,250 (inc. VAT) in funding towards the cost of an IP audit. Your business contributes at least £750 (inc. VAT). You’ll get:
At Tees, our advice is tailored to your business goals and industry sector.
The team at Tees is exceptional when it comes to corporate and commercial. Their tenacity and understanding of our business were excellent, as well as their understanding of a commercial deal that was not always straightforward.
You could qualify if your business is classed as micro, small or medium-sized under UK Government definitions:
Size Max. turnover Max. balance sheet Max. headcount
Micro £632,000 £316,000 10
Small £10.2m £5.1m 50
Medium £36m £18m 250
You must also be registered with one of the UK’s regional business development agencies—listed below—and you don’t need to already hold any registered IP to apply.
To start the process, contact your regional partner:
If you’re approved – or not
If your application is successful, Tees can deliver your IP audit as your nominated IP professional. We’ll provide clear, commercially focused insights to help you protect and grow your IP assets.
If you’re not eligible or funding is unavailable, we can still help. We offer bespoke IP reviews to give you practical recommendations on improving protection and unlocking commercial value.
To learn more about IP audits or to book your consultation, get in touch with Elliot Stafford.
We have offices across Cambridgeshire, Essex and Hertfordshire, but we can help you wherever you are in England and Wales
The financial services provided on this page are by Tees Financial Limited, authorised and regulated by the Financial Conduct Authority.
Our legal services are authorised and regulated by the Solicitors Regulation Authority.
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If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.
Financial services:
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Legal services:
Legal notices | Privacy notice
All legal services provided by Tees are regulated by the Solicitors Regulation Authority. Tees is a trading name of Stanley Tee LLP is authorised and regulated by the Solicitors Regulation Authority (SRA Number 464615) and is registered in England and Wales number OC327874.
All financial services provided by Tees are regulated by the Financial Conduct Authority. Tees and Tees Wealth are trading names of Tees Financial Limited which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales number 4342506. Registered office address Tees House, 95 London Road, Bishop’s Stortford CM23 3GW.
Copyright © 2025 Tees Law. All rights reserved.
Financial services:
Legal notices | Privacy notice
Legal services:
Legal notices | Privacy notice
All legal services provided by Tees are regulated by the Solicitors Regulation Authority. Tees is a trading name of Stanley Tee LLP is authorised and regulated by the Solicitors Regulation Authority (SRA Number 464615) and is registered in England and Wales number OC327874.
All financial services provided by Tees are regulated by the Financial Conduct Authority. Tees and Tees Wealth are trading names of Tees Financial Limited which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales number 4342506. Registered office address Tees House, 95 London Road, Bishop’s Stortford CM23 3GW.
Copyright © 2025 Tees Law. All rights reserved.
