Leading intellectual property law specialists help put innovative firms in pole position

Leading intellectual property law firm, Cleveland Scott York, is helping to put some of the UK’s most pioneering firms in pole position through their involvement with an innovative alliance on intellectual property matters.

Cleveland Scott York, which has offices in St Albans, the City of London, Reading and Brussels, is advising members of the Silverstone Technology Cluster on how to use intellectual property to develop alternative revenue streams that could help fund business growth activities.

The Silverstone Technology Cluster is a group of high-tech companies based within an hour’s drive of the Silverstone Technology Park at the historic circuit on the Northamptonshire-Buckinghamshire border.

Andrew Mackenzie, a Partner at Cleveland Scott York, said: “We are delighted to be working with the Silverstone Technology Cluster. This is a great initiative which brings together some of the leading names in British engineering.

“Intellectual property has the potential to be a valuable revenue stream for firms in the sector, but it has historically been under-exploited. We now hope to be able to assist members of the Silverstone Technology Cluster to derive a valuable income stream from their latent intellectual property.”

Pim van Baarsen, CEO of the Silverstone Technology Cluster, added: “It is fantastic to have IP experts like Cleveland Scott York join the cluster. There is no doubt that they have a lot of knowledge and expertise to offer that can help lift our members to the next level.”

Cleveland Scott York has already been working with Flybrid, one of the larger businesses on the Silverstone Technology Park and at the heart of the Silverstone Technology Cluster, helping it develop from a start-up to a successful business with a strong IP portfolio.