THE BRITISH LIBRARY

Innovation and enterprise blog

103 posts categorized "Start-ups"

10 October 2018

Inspiring Entrepreneurs: Black Britain and the Creative Industries book recommendations

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As part of our Inspiring Entrepreneurs series, we hosted a panel of leading lights in the creative industries with stories of what can be achieved with the right attitude and determination to celebrate the success and cultural impact of Black British entrepreneurs in the creative sector. The panel included MOBO CEO and founder Kanya King CBE, Femi Oguns MBE, actor and founder of Identity School of Acting and Yomi Adegoke and Elizabeth Uviebinené, co-authors of Slay in your Lane.

As part of the Q&A the panel were asked which books had inspired them. You asked us to compile them; and your wish is our command: 

Elizabeth:
#Girlboss, by Sophia Amoruso

Lean In: Women, Work, and the Will to Lead, by Sheryl Sandberg
“Without Lean In, we wouldn’t be here… that book was such an inspiration”

Yomi:
Black Feminist Thought, by Patricia Hill Collins
“A book which helped me grow a lot and I’d recommend anyone, from any background read. If it wasn’t for me having read that book, I wouldn’t have understood my position in this society as a black woman”

Rasheed:
The Way of the Peaceful Warrior, by Dan Millman
“A magical book about life, trust, flow and mastery in being yourself”

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It, by Michael E. Gerber

Business as Unusual - the Journey of Anita Roddick and the Body Shop, Anita Roddick

Femi:
Book of Ecclesiastes

Kanya King:
What They Don't Teach You At Harvard Business School, by Mark McCormack

Shoe Dog: A Memoir by the Creator of NIKE, by Phil Knight

Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert Kiyosaki
“I had all these ideas of what I wanted to do to generate an income… my mother told me whenever I wanted to do something, she’d say ‘no’ as she was very risk adverse. But you do need to take calculated risks… how you think about money, good debt and bad debt.

 

Of course, we can't miss out Slay in your Lane, written by Elizabeth and Yomi (currently available to purchase in our bookshop) and, as revealed at our event, one to look out for in the future, Kanya King's first book, we can't wait!

Slay in your Lane

To watch the speakers from the evening, visit our YouTube channel and to see other upcoming events, visit our website.

28 September 2018

Top tips from Start-up Day 2018

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Activities in 17 libraries around the UK. 101 business events delivered. More than 1,000 attendees across all locations. Webcast around the world. Start-up Day, in collaboration with Santander, once again proved to be a huge success. 

With a full day’s worth of events, there’s a lot of information and words of wisdom to take in from each speaker. Need a recap of what was said? Missed a crucial top tip? Want to relive it again? Or if you missed it, we’ve compiled all the videos of the speakers in this post, along with a key take away tip from each...



Top tip from Mintel senior consumer lifestyles analyst, Jack Duckett: Consumer confidence is on a growth trajectory, meaning there are opportunities for brands to grow.



Top tip from Google Digital Garage's Chami Coomasaru: Set yourself goals, think how you want your brand to be perceived and choose the platforms which are appropriate for your business.

Top tip from author and motivational speaker, Anis Qizilbash: Steep in your purpose... your success does not mean another person's loss. The more you make, the bigger impact you create.



Top tip from public speaking coach, Elaine Powell: [Your pitch] is never going to be perfect. Always ask for feedback and take your performance to the next level, and the next level, and the next level. Never give up, it's a journey, not an end destination.

Top tip from author, motivational speaker and business coach, Rasheed Ogunlaru: [Networking] online is the window to your world, meeting people in person is the door.



Top tip from former CEO of Tangle Teezer, Matt Lumb: Don’t try and do the 80 hours a week thing. You will burn out. Try and get that balance as you scale.



Top tips from:

Precious Jason, founder of Etieno Skincare: Being in business you have superhero days and you have days which are not so great… Be kind to yourself. 

Rebecca Slater, founder of Shine Creative Solutions: Believe in the idea you’ve got and to try and plan out the three most important things you need to get right.

Amy Fleuriot co-founder of Hiro + Wolf and Artisans and Adventurers: Don’t expect it to happen overnight. If you’re having to work alongside it, that’s ok… Just keep at it.

 

Start-up Day 2018 was in collaboration with Santander. To see our events throughout the year, click here.

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19 September 2018

Start-up Day: Meet the Speakers

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With Start-up Day fast approaching, here's an introduction to a few of the speakers who will be giving their expert advice on the day.

How to understand the UK market right now
Jack Duckett
@mintelnews

Jduckett@mintel Headshot (B&W)

I am the senior consumer lifestyles analyst at the market intelligence agency Mintel, and I am very much looking forward to sharing my presentation with you.

My presentation has two goals; the first is to help you to get a better sense of the breadth of Mintel research that you have access to at the British Library and the network of libraries around the country. The second is really to give you a sense of the important role that we believe market research plays for businesses today.

For start-up business owners, it can be taken as a given that you know your product and customers extremely well. But, when it comes to your Dragons’ Den moment, whether that be with your bank manager, an investor or a retail buyer, market research can provide the information you need to support your brand and help it to stand on its own. The second core benefit to market research is in helping you to know where to go next with your business, enabling you to see what is changing in your category and helping you to be prepared for the future.

How To Build an Authentic Business Network
Rasheed Ogunlaru
@RasheedOgunlaru

Rasheed Image 1

“Networking, love it or hate it, building a genuine network, is vital in starting and growing business.” says Rasheed. “This session will help session will help you network strategically, effectively, authentically and nerve free.”

Rasheed’s top three quotes and tips on networking and building an authentic business:

  1. Always have something shrewd to say and valuable to bring to the table
  2. Your online, website and social media presence are the window to your world - meeting people in person is the door
  3. What people feel and say about you when you leave the room is your job while you’re in the room.


How to be an entrepreneur
Matt Lumb
@mattlumb1

ML headshot

During Matt’s seven years at Tangle Teezer he transformed the brand from being a “Dragon’s Den reject” to one of the fastest growing companies in the UK and a household name. Matt talks openly about the challenges he and his team faced whilst trying to manage exponential growth overseas growth, UK manufacturing capacity, the importance of IP as well as copycat and counterfeit issues and the grey market. The Tangle Teezer story is a fascinating one as he took it from a start-up to having a valuation of £200M inside five years.


Start-up Stars: How I turned my business idea into a reality

Amy Fleuriot
@hiroandwolf
@artisansandadventurers

Amy Fleuriot

Starting your own business can be an equally exciting and daunting time. I founded Hiro + Wolf five years ago with my wonderful business partner, Bee Friedmann and we have learnt so much on our journey. What started as an accessories brand for people and their pets has grown into two distinct businesses as we launched Artisans & Adventurers two years ago with the help of the British Library. My expertise include design, branding, marketing, ethical sourcing and everything that goes into the day to day running of two shops, an online store and wholesale business. I am looking forward to hearing what challenges new businesses are facing and hope I can offer some advice on the start-up stage.

For more information on Start-up Day, to see which libraries are involved around the country and to sign up to the webcast, visit our website.

01 August 2018

IP Corner: Patent databases, which one is right for you?

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Here at the British Library's Business & IP Centre we meet many inventors who are starting out on their journey through to patenting their inventions. The majority understand that their first action should be to search to see if their proposed invention is truly ‘new and innovative’ as it must be in order to obtain patent protection. What inventors will be searching for is known as ‘Prior art’ which is basically anything that shows the proposed invention is already known and is therefore not new. Prior art doesn’t have to be a patent, it could be a newspaper advertisement, a magazine or journal article or even a product on sale in another country. 

Most inventors will have heard of, and some may even have used, the Espacenet database. Espacenet is a patent search database containing data on over 100 million patent documents worldwide. Searching the database is fairly intuitive, but if needed there is a very informative Help section to aid the novice searcher. Espacenet is a great starting point for any would be inventor and is freely available via https://worldwide.espacenet.com.

What is generally less known by inventors is that here at the Business & IP Centre we subscribe to another search database that our registered readers can use for free. This database is the Derwent Innovations Index or DII as it is also known. 

DII is a search database that provides access to more than 30 million inventions as detailed in 65+ million patent documents. Once a search has been run, clicking through from the results list, users are able to view details of the relevant patent including any patents and/or articles cited as ‘Prior art’ against it. For most patents there are also links through to Espacenet to view the full published specification.

Espacenet also does this, so what are the advantages of visiting the Business & IP Centre and using DII

Well, it should be remembered that patents are technical documents which are written in such a way as to meet all the relevant criteria for obtaining a patent but, by providing only the most important information, give nothing away. 

With Espacenet you are searching the patents as published; the title or abstract, bibliographic data, description and claims all exactly as written in the original documents. This can make keyword searching problematic, not everyone will necessarily use the same keywords to describe the same subject, and often searchers will need to resort to classification searching to ensure they are searching in the correct technical area. Add to this the fact that patent titles can be slightly ambiguous and patent searching can become slightly more difficult.

With the Derwent Innovations Index (DII) what happens is that when a patent is published a member of the DII team who is experienced in the particular technical area covered by the patent takes the patent specification and does the following:

  • Writes a more concise title that describes the invention and its claimed novelty
  • Then writes an abstract giving a 250–500 word description in English of the claimed novelty of the invention
  • Finally, DII also add their own ‘Class codes’ and ‘Manual codes’ to the records: Derwent Class Codes allow the searcher to quickly retrieve a particular category of inventions whilst Derwent Manual Codes indicate the novel technical aspects of the invention.

To give you a quick example of this, the title of patent WO2018064763 on Espacenet is ‘Compactable bicycle’ as shown below:

Espacenet example
Espacenet Patent search

Whereas on DII the title is written as:

Derwent Innovations Index
Derwent Innovations Index

The Espacenet bibliography and abstract looks like this:

Espacenet bibliography
Espacenet bibliography

Whilst the DII bibliography and abstract looks like this:

DII bibliography
DII bibliography

Note: DII highlights, Novelty, Use and Advantage within the abstract.

Another advantage DII has is that using the Advanced search option searchers have the ability to ‘build’ a search by searching keywords, classifications, inventor/applicant details etc. and then adding search sets together as desired.

DII advanced search
DII advanced search

Searchers then click on the live link in the Results box to view the results list from where they can select relevant patent records to save to a Marked list. Searchers can then email the results from the Marked list to themselves to view later if they wish.

With the Espacenet database searchers can download and print out copies of the front pages of relevant specifications (known as covers) or they can select titles from their search results list to export to either CVS or XLS. Copies of full patent specification can also be downloaded and printed out if desired.

Both Espacenet and DII are extremely useful for searchers. Each database has their own strengths and weaknesses, but if you visit the Business & IP Centre we will be happy to discuss your needs and show you how to get the best from both databases.

Maria Lampert, Intellectual Property Expert at the Business & IP Centre London

Maria has worked in the field of intellectual property since she joined the British Library in January 1993. She is currently the British Library Business & IP Centre’s Intellectual Property Expert, where she delivers 1-2-1 business and IP advice clinics, as well as intellectual property workshops and webinars on regular basis.

24 July 2018

Meet Martha Silcott, breaking taboos, one period at a time

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Each year 1.4 billion tampons are flushed, ending up in the sewer system, causing flooding and pollution. Water companies spend 88 million pounds per year getting all the un-flushable items out of the sewers. What can be done to solve this problem? Martha Silcott is on a mission to find a sanitary solution for this sanitary problem with her corn starch, biodegradable fab little bags...

Tell us a little more about FabLittleBag?

FabLittleBags are biodegradable opaque, sealable sanitary disposal bags that prevent aquatic pollution and actually make disposal feel good!

What inspired the creation of the product? Did you have a ‘Eureka’ moment that convinced you that this was a good idea?

Sitting on the toilet thinking “there must be a better way of doing this” as I performed the LooRoll Wrap with reams of toilet roll for the umpteenth time… Recalling the times when round at friends houses and there was no bin in the downstairs loo so I resorted to doing the Handbag Smuggle. I got cross that there was not a better solution out there, I researched it expecting to find one, I didn’t so I decided to invent one myself. I did loads of research in the British Library, researching the market, the companies involved, the blockages caused by flushing etc. My Eureka moment was when I finally figured out the design of FabLittleBag; its unique one-handed opening and that it had to seal – I ran around the house gathering bits of sandwich bags, sellotape, staplers etc. and made a Blue Peter version.

FabLittleBag_Martha_Silcott
Martha Silcott, founder of FabLittleBag

What steps did you take to protect the IP in your design?

I learned a lot about IP form the British Library sessions and their intro to an organisation called Ideas 21 – so I had a free session with an IP lawyer to establish if it was a starter or not – and it went from there, applying for my patent in 2006.

Did you use the resources and training available through the Business & IP Centre to research and launch the business? 

Yes, general market research; access to huge data resources at no cost, if you were to buy the info yourself each one costs thousands of pounds! IP information, a basic course on social media later on, all very useful along the journey.

Tell us more about how are you working with the British Library to bring FabLittleBag to more users?

We are currently trialling FabLittleBag in two toilet blocks, these are ones which have a very high level of blockages causing cost to the Library and inconvenience to users. The Library has a lot of through traffic and we know that approx. 60% of UK women flush their tampons and with other habits and cultures passing through blockages are a real challenge for the Library loos! So our gorgeous new dispensers are installed in these blocks and we have already had direct email contact from a few users telling us how fab they think FabLittleBag is! We are offering all British Library users who email us a free sample pack of FabLittleBags to try, so don’t be shy!

FabLittleBag_product2
The best disposal solution. Period

What is the vision for the future of the company? Where will FabLittleBag be five and 10 years from now?

We have BIG plans! We already have customers from lots of countries all over the world but we want to ensure that any Binner that dislikes doing the Loo Roll Wrap and wants to feel more in control and calm at point of disposal have FabLittleBags in their life and that we convert as many Flushers out there as possible into Binners – frankly whether they use FabLittleBags or not, we just want to stop the flushing of non-flushables and so prevent blockages and aquatic pollution at source.

One of our Missions is to #screwthetaboo and break down the ridiculous taboo that still exists around periods in 2017! Involving men and boys is important in this journey as they are involved even if it is not them having periods! Replacing feelings of awkwardness and anxiety around disposal of sanitary products is a core mission of ours, helping women to feel more relaxed and calm as they know that even if there is only two bits of loo roll there, or there is no bin, because they have FabLittleBag, they will be able to disposal of the product easily and without stress. We also want to support our chosen key charity (WellBeing of Women) and to expand our charitable impact as we grow, also helping to support smaller local charities and some abroad where the issues of menstruation has huge negative impacts of girls and women’s lives.

So five years' time to be a normal ‘must have’ in the handbags and bathrooms up and down the UK, Europe, USA, etc. and other countries where disposables are still the most common form of managing ones period (therefore disposal solutions are especially needed). 10 years time to be so successful that our charitable foundation Fab Friends, is making a huge positive impact on menstrual health and practical management for millions of women across the globe.

FabLittleBags will continue to be trialed at the British Library to help prevent the negative impacts of flushing sanitary products.

26 April 2018

IP Corner: Happy World Intellectual Property Day!

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April 26th is World Intellectual Property Day. “What?” I can hear you asking, why should there be a special day to celebrate Intellectual Property? Well, stop for a minute and take a look around you and I can guarantee that, whether you realise it or not, you will be surrounded by Intellectual Property.

Like the book you are reading (e-book or otherwise!), the iPod or MP3 player you are using to listen to music, the music itself, even the clothes you are wearing, every product or service we use in our day to day lives is the result of innovation. These innovations may be big improvements in function, or small changes in design that alter the way a product looks, either way these improvements will generally be protected by Intellectual Property (IP).

Intellectual Property (IP) is like any other piece of property and the owner of the Intellectual Property rights controls what, if anything, happens to those rights, including who can benefit from the work or from the investment the rights holder has made into the creation of the product or service.

So how does this affect you and your business?

Whatever business you are engaged in it is very likely that you are using and probably even creating a large amount of IP and, if you want to get the best possible commercial results from its ownership, you need to think about the steps you need to take to protect, manage and indeed enforce your rights.

  • Protect – register your IP rights where possible.
  • Manage – keep a record of all the IP you have and any IP that you license from third parties. Ensure renewal fees are paid and licenses are up-to-date.
  • Enforce – as the rights holder it is your responsibility to keep an eye out for any IP infringement and to take action to stop it. If you do not intend to enforce your IP rights then perhaps you need to reconsider whether or not you should register your rights.

So let’s look at each form of IP in turn;

2000px-RegisteredTM.svgThe first piece of registrable IP most businesses will have is a trade mark. Trade marks are used to indicate the origin of goods or services. They may be symbols, words, colours or even a combination of these, the choice is yours, but whatever the makeup of your trade mark it needs to be distinct enough to allow consumers to identify your products or services from those of your competitors.

As well as standard trade marks there are several other types of mark such as Collective marks, used to distinguish the goods and/or services of members of a particular association, or Certification marks, given for compliance with defined standards to anyone who is able to certify that their products meet certain standards e.g. ISO/TC 181 Safety of toys.

Trade marking is not to be approached lightly as your trade mark is likely to be one of your most valuable business assets.

Copyright-symbolNext, Copyright. Most of us when we think of copyright we think of books, music, films etc. but copyright will also exist in your website, the flyers or brochures you may produce for your business, the menus for your restaurant or café. All of these, provided they are your own original work or you have a license to use them if they were created by a third party, will be protectable.

Mark all of your original copyrighted material with the copyright symbol ©, the name of the rights holder and the year of creation, e.g. © British Library 2019.

If you are a designer then registered designs are probably something you should consider as registered designs protect what it is that makes an item attractive or appealing to its intended market. As the holder of the registered rights you will be assured an exclusive right to the design and thereby protection against unauthorised copying of the design by third parties.

PatentedFinally, patents (this is the biggie!)

A patent is an exclusive right granted for an invention. It provides patent rights holders with protection for their invention for a limited period, usually 20 years, subject to the payment of annual renewal fees. Having a patent for your invention means that your invention cannot be made commercially, or distributed or sold without your written permission. You get to decide who may or may not use the invention for the duration the period of protection. However, once the patent expires, after 20 years or if you stop paying the renewal fees, the invention will no longer be protected and will enter the public domain. Basically, it becomes available for anyone to use as they wish.

Probably lesser known, but just as important IP rights are Know How and Trade Secrets. Know How is the practical knowledge of how to do something, to get something done. This sort of knowledge will not necessarily be included in a patent for example, but will be necessary to finish the product, project or job. For examples of Trade Secrets; think of the Coca Cola recipe or the recipe for Irn Bru. These rights are not registrable and need to be protected using contracts and/or confidentiality agreements.

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This post just touches on the subject of IP really as a way of highlighting World IP Day and anyone thinking of using IP or making any financially crucial or business crucial decisions based on IP should speak to an IP attorney. The website of the Chartered Institute of Patent Attorneys can help you locate an attorney in you local area via their website. Most IP attorneys offer a free 30 minute one-to-one advice session.

Alternatively, you can visit your local Business & IP Centre for free, impartial, non-legal advice. Click here to see the full list of Centres around the country. 

A final comment; innovation through the years has shaped the world we live in, from the simple hand cast nail invented more than 2,000 years ago to the invention of the wheel and the wheel and axle concept, from Gutenberg’s printing press to the telephone, the electric lamp to penicillin, all of these innovations have made our lives easier, better and more interesting and, hopefully, the inventors and innovators of our generation will continue the trend.

 

Maria Lampert, Intellectual Property Expert

14 November 2017

Polly McMaster - Dressed for Success

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During 2017’s Global Entrepreneurship Week, The Business & IP Centre hosted our flagship Inspiring Entrepreneurs: Question Time event. Amongst our panel of innovative entrepreneurs was Polly McMaster, the co-founder of The Fold, a contemporary womenswear label created for the professional woman. Founded in 2012, Polly’s vision for a feminine brand that created stylish yet appropriate outfits for the working environment and smart evening wear has gone from strength-to-strength. Today this high-growth brand can be found in over 20 countries and counts the Duchess of Cambridge and Samantha Cameron as customers. With such impressive progress in just five years we caught up with Polly to hear how The Fold has been able to achieve such traction in the market in such a short space of time.

Polly McMaster - The Fold
Polly McMaster, Co-Founder of The Fold


The Fold is described as ‘a contemporary new label that embraces and inspires the modern, professional woman’. How did you identify this gap in the market?

This was me! I worked in consulting and private equity – where a suit is the dress code for men. I really struggled to find clothes that made me feel confident, stylish, smart and contemporary. I did a lot of research with other working women and found that this really touched a nerve with so many of them, so it was a very compelling thought to create a brand that was relevant to women like myself and addressed that problem.

Have you always had a passion for fashion? And if so, did you think this passion would eventually become your profession?

Absolutely, way back to school days where I did dress-making classes in the evening, and made my own clothes, to Art A Level and work experience in an amazing couture brand. However, I am definitely quite left-brain / right-brain and also love problem-solving, analysis, etc. – so I took an unconventional route to fashion via science, business strategy and investment. It’s helped me have a more rounded view of the business, but it’s amazing to be able to bring together so many areas that I’m passionate about.

The Fold Image 2
Polly wearing one of her designs

Fashion is a consistently popular area for new start-ups, but starting and growing a successful fashion business is tough. Whilst the UK is a centre of design creativity, fashion businesses often face a high failure rate. If you could give one piece of advice to a budding entrepreneur entering the fashion world what would it be?

I entered this world with a completely different perspective, and I think that has been helpful. I approached it from quite a commercial angle – which was to provide an amazing product to a niche group of women after identifying a gap in the market. That has influenced everything in the business from both the creative side through to the business side. By having that clear vision, it’s helped us to be more competitive. It is a very tough industry, and it also takes a lot of resource in terms of both cash and expertise to navigate it. As we’ve grown, I’ve certainly leant on the support of very experienced Chairman, investors and advisors who’ve helped us learn, adapt and survive!

What has been your proudest achievement in your business journey to date?

Recruiting a great team and great investors have been the most important thing in the business. I’m really proud that we’ve created a brand that has attracted so many talented people, and that I get to work with them every day. That feels like huge progress and makes the future very exciting.

I’m also really proud that we dress amazing women for work every day – it’s very inspiring to receive messages from them to say that they nailed a job interview, or gave a powerful presentation and felt that they’d had an extra confidence boost from wearing The Fold. That’s when I know we’ve done what we set out to do.

The Fold Image 1

What do you think the future holds for The Fold and Polly McMaster?

The Fold still feels like it’s at the beginning of its journey! We have a lot of exciting plans – we are opening a new store concept next Spring, and also continuing to build our online presence in both the UK and the US. Our customers are truly international so we are excited for The Fold to become a global destination for working women. For me personally, I’m learning every day, and loving balancing being a mum with running the business. I’m excited to grow with the business through the next chapter!

Watch Polly's talk at Global Entrepreneurship Week's Inspiring Entrepreneurs: Question Time here:

05 July 2017

How Intellectual Property helped Julie Deane start a £10 million business from her kitchen table

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So many small businesses lack IP awareness and understanding, but IP is something of an unsung hero and can prove critical in making or breaking a business.

The Business & IP Centre team are dedicated to helping entrepreneurs and SMEs understand what IP is and why it’s important, what IP they might have created and how they might increase their business success and profitability by protecting and exploiting that IP in the future. Over the years the team have supported thousands of small businesses unlock the value of their IP, and much of the support we provide in the Centre uses case studies and real-life stories to demonstrate how having a handle on your IP gives you a huge commercial advantage.

One such example is Julie Deane OBE, founder of The Cambridge Satchel Company, who has taken her business from the kitchen table and a £600 start-up budget to a global success story with a turnover of £10 million. Along the way Julie has overcome numerous business challenges including managing designers, manufacturers and overseas distributors, establishing web and physical retail sites around the globe and dealing with thousands of imitator brands. Here, in a free 30 minute podcast with the Intellectual Property Office, Julie lays the truth bare on how she’s developed strategies to tackle copycat websites, build the brand, keep putting the quality of the product at the heart of the business and “hang on to the passion that made you start the business in the first place.”

 

Podcast IPO

 Here are our 3 ‘top tips’ for what you need to know when it comes to your Intellectual Property:

  1. Think about trade marks - Is your business name protectable in the countries that you wish to trade? Is it already being used or does the word have another meaning in a different country. Future investors will want to know that you have the rights to trade in the countries that they wish to trade in, and you need to consider this right from the start to give your business the best chance of success.
  2. If you’re creating a ‘thing’ - Do your research before filing for a patent; is there a market for your product? It is expensive and takes a long time to protect your idea so make sure you do your market research and can be confident that somebody will buy it at the end of the day. If you have paid for your product to be patented and want somebody to manufacture it for you, you also need to ensure you have agreements in place limiting their rights to your initial idea or design.
  3. Founder’s agreement - It is easy to set out a document with your business partner right at the start when setting up your business agreeing things like % of ownership and what should happen in the case of a dispute, or if one of you wish to sell then business and the other one doesn’t. Once a dispute has started it is much harder and messier so you need to make sure all parties are clear on this from day one.

You can find further help, support and information on IP in any of the eleven Business & IP Centres up and down the country, including the British Library in King’s Cross. Speak to any one of our specialist staff face-to-face, over the phone or by email. You can also log on to our free of charge online workshops to grow your knowledge about IP, and increase your chances of business success.

Julie 2
Julie Deane in the Business & IP Centre

Julie Deane is Entrepreneur in Residence at the British Library and a huge champion for ambitious business owners. She recently gave advice and practical tips on Intellectual Property at the Library’s Scale-up Summit alongside Will Butler-Adams, CEO of Brompton Bicycles. Cambridge Satchel and Brompton recently launched a range of colour-matching bags and bikes where the satchel fitted perfectly to the handlebars. This ‘made-in-heaven’ brand match caught the attention of the press and delivered extremely high sales. Will and Julie's opening keynote presentation on ‘Getting your business in the media’ was a great success too.

 

Brompton
The Cambridge Satchel Company / Brompton Bikes collaboration

 

Reach your business peak at our Scale-up Summit

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As a business owner you’ll know what it means to have to do everything and anything to get your business off the ground and flying. You’ve experienced the highs, the lows and no small number of frustrations along the way.

But at some point you’ll reach a limit to growth. And any one of these things (or more) could be holding you back; time, finance, being ‘too involved’ in the day to day, staffing challenges, cash-flow, finding new customers and markets, limited marketing and having to navigate ever changing conditions and trends.

But there’s a way through and beyond all of this; and it’s scaling-up.

The British Library’s Business and IP Centre has been supporting businesses to successfully scale up with its wealth of information, advice and support as well as the successful Innovating for Growth Scale-up Programme.

We’re thrilled to now be presenting this unique opportunity to get some of the best business brains in one place, for just one day, so you can hear first-hand how they kept their business flying and climbing higher. It’s our first ever Scale-up Summit, and it’s happening next, Tuesday 11th July, 9.30-6.30pm.

8851 Scale-up email sig v3

We’ll be introducing you to the founders of some great household names and brands such as Paul Lindley (founder of Ella's Kitchen), Julie Deane OBE (founder of The Cambridge Satchel Company) and Rob Law MBE (Founder and CEO of Trunki) just to name a few.

Hear how our top-notch speakers kept their businesses going and growing through their various challenges and what tips they have to share to successfully scaling-up. There’ll be plenty of time to ask your questions and pick the brains of no less than 20 business experts appearing throughout the day.

Here’s a taster of what to expect on the day with a few of our speakers’ top tips to whet your appetite

Raising your business profile and building a brand

As you will already know, getting your business in the press or media can be the key to raising your profile and achieve rapid growth, but lots of businesses struggle to identify their unique hook and generate a buzz around their brand. Our panel will give you the inside track on how to maximise your media coverage, pitch effectively to journalists and create strategic partnerships to increase the visibility of your business to access new audiences and scale up.

Our keynote speaker on this topic will be Julie Deane OBE, founder of the Cambridge Satchel Company and a Business & IP Centre ambassador. Having started from her kitchen table with a budget of just £600, The Cambridge Satchel Company now has a turnover of over £10million and has collaborated with the likes of Google and Vivienne Westwood.

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Julie Deane, Founder of The Cambridge Satchel Company and British Library Entrepreneur in Residence

 

Julie will share her own journey to business success and her tips for raising your business profile and building a brand. During this interactive Q&A session you’ll also have the opportunity to put your questions to our panel and get their tips and tricks for making people aware of your business and making sure they don’t forget it.

On brand and scaling-up, Jenny Costa (Rubies in the Rubble), another panellist for our branding roundtable says, ‘“Know your why.” The journey and the day to day can be overwhelming, so it’s important to keep looking up and focused on the end goal. Knowing and believing in what and why you do what you do will get you through any challenges you may hit along the way.’

Also speaking on this topic will be Will Butler-Adams (Managing Director, Brompton Bikes), Siddarth Vijayakumar (Co-founder, Grub Club), and Anne Cassidy (Editor, Guardian Small Business Network).

Going global for growth

Small businesses that seize on export opportunities are much more likely to survive and grow. However, with so many factors to consider, trading overseas can feel overwhelming and many business owners struggle to identify and exploit the market opportunities that would give them the best chance of achieving fast growth. If you’ve ever considered ‘going global for growth’ or are struggling to make your mark on the international stage, this discussion will give you a true insight into what it takes to trade successfully overseas.

Someone who has definitely capitalised on the potential of international trade is keynote speaker, Sean Ramsden, founder and Chief Executive of Ramsden International . Having identified opportunities for global growth, Sean was able to turn his food exporter business (Ramsden International) into a market leader, distributing over 23,000 British branded-food and drink products to 133 countries across five continents.  

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Sean Ramsden, Founder of Ramsden International

 

Another of our panellists Paul Lindley of Ella’s Kitchen says scale-up businesses should ‘Keep your feet on the ground and your head in the clouds.  Meaning stay humble, grounded and real, but don’t be afraid to imagine, explore and be free thinking.’

The panel will also feature, Matt Lamb (Tangle Teezer) and Bill Russell (Head of Bilateral Relations, Intellectual Property Office) who will share their experiences and expertise in both growing a business internationally and also ensuring that you stay in control and your Intellectual Property is protected as you ‘go global’.

Raising finance for growth

A cash injection can fast-track your growth ambitions exponentially, giving access to the resources, expertise and people-power that you need to realise your scale-up ambitions. But raising the necessary cash isn’t always easy and access to finance can often be one of the first hurdles that a scaling entrepreneur must overcome. In this section our experts will give their input on a variety of business financing options including VC, angel investors and crowd-funding to help you decide the best way to fund your business growth.

To discuss this topic and describe the best options available small business owners will be Darren Westlake, co-founder and CEO of Crowdcube the world’s first investment crowdfunding platform. In 2015, Darren was named by Debrett’s as one of Britain’s 500 most influential people and is a serial entrepreneur with more than 20 years’ experience in the internet and telecoms industries.

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Darren Westlake, Founder of Crowdcube

 

Leadership for scaling businesses

Most businesses start off with just one or two founders, but as a business grows, the team behind it needs to get bigger too. But how can you be sure you’re hiring the right people to help your business reach its potential, and when is the right time to delegate responsibility? Hear from our expert panel on how your can build a terrific team with your business values at its core.

Leadership for scaling businesses will feature a key note presentation on the theme of building a terrific team, delegating responsibility, embedding and upholding company values and ethos as your business grows and providing strong leadership.

Our speaker on this subject will be Rob Law MBE, founder and CEO of Trunki , the brand behind the much loved children’s ride-on suitcase.

His company has been trading for 11 years, now employing 80 people and was named SME of the Year at the National Business Awards in 2012.

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Rob Law, Founder of Trunki

 

Focusing on these four key topics for scaling businesses, this event will provide a platform for entrepreneurs to ask the questions that really matter to you as a growing business. You’ll get practical, immediately implementable ideas and solutions from those in the know and have the opportunity to network with like-minded business-owners who share similar goals and ambitions.

Matt Lamb, CEO and co-founder of Tangle Teezer, says “I am happy to support the British Library’s Scale-up Summit because we recognise that scaling up is every bit as hard, if not harder, than starting a business. We are delighted to share our experience in the hope that it may help others.”

Don’t miss out on this unique opportunity to take your business to the next level. Tickets are selling fast so take this chance to get inside knowledge and advice on successfully scaling up and reaching your business’s peak potential.

Book your ticket to avoid disappointment.

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17 March 2017

Dry Patch - A BIPC success story with a great sense of humour

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Dry-Patch-logoSo many people think running a business has to be a serious matter. So it is refreshing when an entrepreneur proves the opposite.

I guess the most well known recent brand with a funny-bone is Innocent Drinks. They have included grass covered vans, a banana phone and slides in their offices, and a whole range of humorous labels on their bottles such as this one:

Innocent bottle

I first met Chris Gomez founder and CEO of Dry Patch a couple of years ago in an Advice Clinic here in the Business & IP Centre in London.

He immediately made an impression with his passion for the product, his professionalism, and understanding of his customers' needs. He also recognised he was addressing a niche market with his first product the Moto Seat Cover below. As a fellow motorcyclist and cyclist, I could see there was a lot of potential in his ideas.

Moto_GIF_grande

Once his website was up and running, I was pleasantly surprised to see just how much humour Chris had used to promote his brand. Here are a few examples:

  • With a focus on innovation and lifestyle, our premium products will keep you and your stuff dry... from the bottom up
  • We're not hairy bikers or Tour de France wannabes. We don't wear leather or Lycra to and from work but we do love the freedom of 2 wheels.
  • We're not going to ask you to start hugging each other at the traffic lights, but we are all 2 wheeled commuters and suffer the same conditions - from both the weather and other traffic.
  • We know that we are just little pin pricks in the bottom of the 1.5 million 2 wheel commuters in London, but we dream of being big pricks.

I also love the way Chris spells out his brand values in such clear terms:

When it comes to our products, we have 4 key values:

  1. it's kit you want (more on this below).
  2. it is 100% functional - our kit works really well and is made of the best materials for the job.
  3. it has to look great - there's too much stuff out there that works brilliantly for commuters on 2 wheels, that just doesn't look very good.
  4. our kit will always be innovative - we believe innovation is the key to developing brilliant new products that disrupt the rest of the market.

And even better Chris makes fantastic use of the Dry-Patch blog and social media channels. Twitter, Instagram, Facebook, Pinterest, and YouTube.

 Written by Neil Infield on behalf Business & IP Centre