Patent Support Offer
Applications for patent support will open March 2020
- patent support before the show
- a place on Launchpad summer school
- business mentoring
- automatic shortlisting on InnovationRCA's start-up programme
Graduating Royal College of Art students with commercial inventions can win patent support to protect their ideas and avoid disclosure at their graduation show. They are provided with patent funding, guidance and commercialisation support. We also welcome applications from RCA alumni.
Successful applicants receive:
We expect RCA students receiving patent support to form a start-up and commit a minimum of three working days per week to the project. We expect all students receiving patent support to take part in the start-up application process and we will automatically consider your application. You will therefore be given a chance to compete for additional seed funding through the start-up programme and InnovationRCA's network. Please see the start-up offer page for further terms.
If your project is chosen for a patent protection, the RCA and you will jointly own the intellectual property in the selected work. You will sign a Profit Share agreement which outlines that the profits from licensing will be split 65% (yourself) and 35% (RCA). When you form a company this will be replaced by a new agreement whereby the RCA will become a shareholder with up to 5% equity (depending on the level of resource and investment made into the project by the RCA).