SMEs urged to use 'green channel' to speed up IP process
Small companies have been urged to make use of the 'green channel' to help speed up the intellectual property (IP) patent process for their eco-friendly ideas.
Using the green channel, applicants can request accelerated processing of their application if the invention relates to a 'green' or environmentally-friendly technology.
Setting the challenge was IP minister Baroness Wilcox, who yesterday (March 15) visited small businesses in Surrey which have successfully used the channel to add value to their business.
As part of the day, the Baroness visited Gordon Murray Design and praised its use of the 'green channel', which enabled it to get its product off the ground faster, Connect 2 Innovation and Surrey Satellite Technology.
She said: "It's tremendous to see how an idea has been turned into an actual business product swiftly and efficiently. By using the 'green channel', an environmentally friendly idea and novel approach to manufacturing is being brought to market quickly, helping to deliver real value and growth to a typically inventive small British firm."