Is your business due for a health check?
As a business owner, have you ever asked yourself how much your business would be worth today? Even if you
We don’t just look after you, we look out for you. That means we bring you insights, advice and keep you up to date on all kinds of legal matters so you can keep ahead.
We match a member of the team with the right expertise to every client, who will invest time getting to know you, who will look after your interests and ensure you have access to the whole firm when you need it.
The legal and financial matters might be complex, but we aim to keep things straightforward and explain everything in terms that are relevant to you.
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.
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.
If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.
We have offices across Cambridgeshire, Essex and Hertfordshire, but we can help you wherever you are in England and Wales.
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.
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If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.
