Receive $15,000 in IP Credits each year to put your IP strategy into action, prorated based on when you join.
Investing in IP activities turns your innovations into long-term business value. The credits included with Full Membership help fund that investment, reducing the costs of building an IP ownership position and giving you the freedom to grow.
The $15,000 credit ensures IAC’s full members have a baseline of IP activity over the year. It helps them build capability and ownership as they take meaningful steps with their innovation.
Every Full Member receives $15,000 in credits each year to put toward their IP work. Credits can be applied to activities like:
No separate application is required. You get your credits upon payment of the Full Membership fee.
Our IP Credits are easy to apply and can be used for a variety of IP expenses. You can:
IAC’s Full Member tier is $15,000 per year. However, full membership is designed to be cost neutral. Members are eligible to receive an equivalent $15,000 annually in IP credits, which support investment in intellectual property strategy. IAC also has a free Associate Member tier for companies with fewer than 25 employees and under $500,000 in annual revenue.
Full members can submit any IP-related expense to IAC for reimbursement, up to the full value of their annual membership fee. Eligible expenses include:
Turnaround times from submission of IP expenses to credits being paid out are between four and five weeks. If the information provided is incomplete, there may be delays in processing time.
IP grants are funding opportunities that IAC members can apply for. Full members are eligible for up to $50,000 of grants per year, at up to $20,000 per application. Associate members are eligible for up to $15,000 per year at up to $10,000 per application. IP credits are reimbursements of up to $15,000 per year for full members. Both grants and credits can be used towards a range of IP-related expenses.
Join us to access IP Credits that reduce costs and give your company more room to focus on growth.