Commercial Advisor

Commercial Advisor - West Midlands We are currently looking for a permanent Commercial Advisor to join an excellent organisation in the West Midlands.

Salary: £35,000 - £50,000 + fantastic benefits
Duration: permanent
Office: West Midlands hybrid working – travel into the office 2 - 3 days per week

Main responsibilities of the Commercial Advisor:
• On a day-day basis, the Intellectual Poperty team will work to secure investment and support the exploitation of IP through licensing, spin-out, and joint venture activity.
• Supporting the Director, taking an active role in the development and management of relationships with internal colleagues and external organisations to deliver key metrics.
• Support the management of ideas from concept to commercialisation – working with all individuals in creating new companies, negotiating, and licensing IP
• Establishing appropriate IP protection measures through external lawyers
• Identify opportunities for spin-out companies, write exploitation and business plans, and assist in identifying and obtaining appropriate financing to deliver these plans.
• Maintain systems for dealing with royalty payments and grant income, and take responsibility for sourcing, developing and securing funding
• Development of appropriate licensees, conducting due diligence on prospective licensees, and negotiating the deals which form the basis of the licences to ensure maximum financial returns.
• Support the amendment/improvement of policies with respect to IP commercialisation and enterprise activity to ensure legal compliance

Key skills of the Commercial Advisor:
• Background knowledge directly related to Intellectual Property ( IP) exploitation.
• Knowledge of the different forms of IP / Patent, and experience in customer interaction and license negotiation
• Demonstrable experience of Intellectual property or Patent management
• Experience of securing income and investment

If you are interested in being part of a growing, driven business where you can add real value, please apply or send your CV to: Dawn.May@walterspeople.co.uk for further information.