Canada's First Patent Collective Launches For The Cleantech Sector

Over the last several years, the federal government has touted its $85 million Intellectual Property Strategy (IP Strategy). One of the key pillars of the IP Strategy is $30 million in funding for cleantech IP, via a "patent collective" called the Innovation Asset Collective (IAC). Over 16 months after that funding was awarded, the IAC has officially launched. Some or all of the IAC's services are likely to be beneficial to cleantech companies, and will complement those offered by IP advisors and lawyers.

Background

On April 26, 2018, the federal government unveiled what it billed as Canada's first comprehensive IP Strategy, designed to help Canadians understand, protect and access intellectual property (for more information, see our previous Goodmans Updates here and here).