Stratford Managers was featured in the Ottawa Business Journal along side OneEleven in an article titled “Putting Intellectual Property to Work – Stratford Managers signs agreement with OneEleven to help scaleups leverage intellectual property”. The article discusses the newly formed deal between OneEleven and Stratford Managers where OneElven members will gain access to a proactive and strategic IP management as a monthly service.
OneEleven, with communities of high-performing technology scale-ups in London, Toronto and Ottawa, is expanding the services they provide their members to include intellectual property management and how to make it part of their core business process.
“What drew us to Stratford is how they look at IP management in a comprehensive way,” says John Mavriyannakis, Chief Operating Officer at OneEleven. “They look at Intellectual Property through a business lens. We both want our members to think about intellectual property whether that is protecting you own or not infringing on others as early in the product development process as possible. We believe that building a defensible product will reduce potential rework later on and increase your business value going forward. Stratford thinks about IP from the beginning to the end of product development and that’s what our members need.”
Stratford has already been providing support to several of OneEleven’s members and is looking forward to supporting more with this service by creating a culture of innovation.
“It’s easy to make the mistake of spending a lot of money on patents early on, there are a lot of ways to minimize the spending in the early stage while ensuring a long-term protection” says Natalie Giroux, Innovation Strategy Lead at Stratford Managers. “Investors want to see startups thinking about the future and spending funds strategically. You want to budget for future costs as the IP portfolio grows. In many cases, when appropriate, it can lead to deciding to protect some key IP as trade secrets. Part of the value we provide with our IP strategy service is anticipating the needs of investors and maximizing value at exit.”
You can view the full article on the Ottawa Business Journal.