Using patents to raise finance
Raising finance with patents
9 February 2021
It is estimated that 600 billion plastic bottles are used globally each year, with about 80% ending up in landfills and another 8 million tons of them polluting our oceans. Every year in the UK alone, nearly 16 million plastic bottles are thrown away and not recycled. Scott Winston and his company Pulpex are tackling this massive environmental problem by making a biodegradable fibre drinks bottle from sustainably-sourced wood pulp. He is working with UK Chartered Patent Attorney Rick Gordon-Brown to protect his environmental innovations.
Together, they are revolutionising the drinking bottle industry and moving us all towards a world beyond plastic packaging.
00:31 The recycling recovery rates of plastic bottles compared to fibre
01:08 The importance of protecting Pulpex’s ideas and investment with patents
01:26 The business benefits of a patent
01:54 How patents can help secure investment
02:03 Scott explains the importance of patents for Pulpex
02:29 What to consider when choosing a patent attorney Free patent resources and free Patent Pack download: https://www.cipa.org.uk/news/protect-…
Raising finance with patents
9 February 2021
IP and Sustainability
6 July 2022
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