Friday, 22 July 2011 08:04
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Inverness, Dundee and Aberdeen firms given the £1 million chance to join the Wealth Wheel

It’s a once in a lifetime, £1 million opportunity. Entrepreneurs and business people in the Inverness, Dundee and Aberdeen areas are to be given a remarkable chance to join the Wealth Wheel and capitalise on the hard work and effort they have put into their enterprises.

The Wealth Wheel is a concept created by three of the UK’s most innovative companies to realise inherent, but often unrecognised, intellectual property (“IP”) value in businesses.

Individually, they have been making millions for clients across the country. Now, for the first time, they have come together in a connected organisation with formidable wealth generating power – and the capacity to make transformational differences to companies in your area.

The spokes of the Wealth Wheel are:

Jumpstart, the rapidly expanding Scottish R&D tax credit specialist, which has saved clients £12 million with many times that sum in the pipeline. It reckons that some £980 million of R&D tax credits are being missed out on in Scotland alone.

Harrison Goddard Foote, which is one of the leading patent firms in the country, has offices in Aberdeen, Glasgow, Leeds, London, Manchester, Sheffield and York.

Metis Partners, which has built an unrivalled reputation for making clients money from intellectual property assets, including brands, patents, software, customer contracts, R&D and innovation, know-how, technical specifications and trade secrets.

How can they make money for you? There are three stages to the Wealth Wheel:

First, Jumpstart identifies qualifying innovations in your company. These do not have to be white-coat research – they can include elements as straightforward as overcoming a technical challenge. Then it submits compliant, properly researched claims to HMRC and recovers tax credits, typically of £100,000 and above. Its success rate is 98.6%.

Once the tax is recovered, HGF legally protects your IP, and because it is now protected, it creates confirmation of value, potentially doubling to £200,000. HGF then identifies strategies to maximise the value of the IP.

Finally, once your IP is protected, Metis Partners employs a variety of innovative strategies to monetise it. Strategies include using IP as security for investment funding or borrowings, as well as the licensing and outright sale of

IP. Its groundbreaking techniques have a proven multiplier effect, with the capacity to leverage the £200,000 value to £1 million.

These figures are for illustration purposes only and in many cases will be substantially more. There is no cost for entering the Wealth Wheel, since an assessment of what can be achieved is provided free of charge.

The Wealth Wheel is arriving at the Green House, Beechwood Business Park, Inverness IV2 3BL on Tuesday, July 26 from 12 noon until 2pm. Coffee, tea and sandwiches will be served.

The Wealth Wheel is arriving at the Dee Room, Enterprise Business Centre, Admiral Court, Poynerbrook Road, Aberdeen AB11 5QX on Wednesday, July 27 from 8am until 10.30am. Coffee, tea and breakfast rolls will be served.

The Wealth Wheel is arriving at the Apex City Quay Hotel and Spa, 1 West Victoria Dock Road, Dundee DD1 3JP on Thursday, July 28 from 8am until 10.30am. Coffee, tea and breakfast rolls will be served.

Check out http://www.jumpstartuk.co.uk/randd-news-and-events/

To register, please contact helpinghand@jumpstartuk.co.uk or call Stephanie Aitken on 0131 240 2900. Places are limited to two attendees per company.

Issued on behalf of Jumpstart by BPM (UK), 0141 353 1515.

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