+234-7030090390 | +234-9027032999

Login

Sign Up

After creating an account, you'll be able to track your payment status, track the confirmation.
Username*
Password*
Confirm Password*
First Name*
Last Name*
Email*
Phone*
Contact Address
Country*
* Creating an account means you're okay with our Terms of Service and Privacy Statement.
Please agree to all the terms and conditions before proceeding to the next step

Already a member?

Login
+234-7030090390 | +234-9027032999

Login

Sign Up

After creating an account, you'll be able to track your payment status, track the confirmation.
Username*
Password*
Confirm Password*
First Name*
Last Name*
Email*
Phone*
Contact Address
Country*
* Creating an account means you're okay with our Terms of Service and Privacy Statement.
Please agree to all the terms and conditions before proceeding to the next step

Already a member?

Login

DATE: 24 October 2020

TIME: 7:00 PM (GMT +1)

TOPIC: Using Intellectual Property as Collateral for Credit Access

ANCHOR: Priscilla Mapinda

PLATFORM: Zoom

The Seminar commenced at 7:00 PM (GMT +1). 

The speaker stated that a “collateral” is that which is pledged as security to a lender as assurance for the repayment of a loan. She explained that the use of intellectual property (IP) as collateral is not a new concept but is largely underutilised as itremains unusual especially in most African countries. To demonstrate the relatively non-novel nature of using IP as collateral, she discussed a famous instance where IP was utilised as collateral ; that is, the case of Thomas Eddison who utilised his IP right on light bulb as collateral for a loan ascapital for his business. 

The speaker explained that IP collateral is divided into two; collateral on the IP right itself and collateral on the embodiment of the IP. 

She discussed the characteristics of a good IP collateral as follows:

a. Registration with relevant authority under the extant laws of a country. 

b. The Scope of protection.

c. Third party interests.

d. Value.

e. Marketability 

Official admin account for MIPLG

Related Posts

Leave a Reply