Read the article in the latest issue of the World Intellectual Property Review (issue 4/2022) written by our European Trademark Attorney Riikka Palmos.
Papula-Nevinpat to partner with Aalto Entrepreneurship Society’s Summer of Startups
IPR knowledge is crucial in the early phase of a company
Papula-Nevinpat expands its cooperation with startup communities by starting cooperation with Aalto Entrepreneurship Society’s accelerator program Summer of Startups. Papula-Nevinpat offers its IPR knowledge to the benefit of the teams participating in the program. Papula-Nevinpat will provide workshop and consulting sessions with the teams during the Summer of Startups program.
“Industrial property rights, such as patents, can help startups to grow, innovate and succeed. Trademarks and domain names help in branding and marketing. Registration of a brand as a trademark is practically the only, or at least by far the most cost-effective, way of legally protecting it”, says Markku Simmelvuo, Managing Director, Papula-Nevinpat. He continues: “We want to make sure that startups understand why it is so extremely important to take care of IP. At the same time, we hope that ever fewer companies will try to cope alone with their IP issues, forget them altogether, or fail to understand the key role of confidentiality.”
“The partnership with Papula-Nevinpat brings in vital IPR knowledge to Summer of Startups. We think that our teams can gain remarkable value out of Papula-Nevinpat’s expertise”, says Jesse Miettinen, Vice President of Aaltoes.
Papula-Nevinpat and Aalto Start-Up Center started their cooperation in 2010.
Papula-Nevinpat is a globally recognized patent, trademark and design agency. We represent a broad range of clients, from Fortune 500 companies to SME’s and private individuals. We help our customers succeed through professional IP services rooted in the digital age. In addition to our Finland-based global operations, Papula-Nevinpat has a strong foothold in the Eurasian market with local offices in Russia, Belarus, Kazakhstan, Ukraine and Uzbekistan.
Summer of Startups 2016 by Aalto Entrepreneurship
Summer of Startups is an accelerator program run by Aalto Entrepreneurship Society that accepts 13 teams consisting of students and recent graduates with a business idea. Summer of Startups helps the teams in taking the first steps as entrepreneurs in a low-risk environment.
Between June 6th and August 5th, Summer of Startups provides the teams with coaching from the most experienced serial entrepreneurs in Finland and professionals from multiple business areas. In addition to coaching, the teams will get free office space and a grant of up to 5000€ to cover their living expenses and to allow full-time business development.
Summer of Startups ends at Demo Day on August 5th. At Demo Day, teams will present their prototypes and scalable business plans, which they produced based on their business idea during the summer. Demo Day usually gathers 400 to 600 investors, media representatives and students. On average, 2-3 companies have been founded each summer during the past years, which have employed over 60 people for years and generated revenues in millions of euros.
Summer of Startups alumni include companies such as Venuu (2013, venuu.fi), a marketplace for event venues, Catchbox (2012, getcatchbox.com), a throwable microphone manufacturer and Netmedi (2012, netmedi.fi), a healthcare applications developer.