Intellectual Property Lawyers Sydney |Startup Law Firm Faq

1. MACLEAN| IP Trade Mark and Design Attorneys WELCOMETO MACLEANIP. MacLean IP is a boutique Intellectual Property firm located in the heart of Perth's Court precinct established by Trade Mark Attorney and Lawyer, Alisha Maharaj-MacLean. Our aim is to provide a fresh and easy approach to Intellectual Property, that is tailored to your needs, easy to understand andcost

2. STARTUP101 • Before you enter into an incubator or accelerator agreement, consider the Big Four of IP: Trademarks, Copyrights, Patents and Trade Secrets. So think about what you would like to keep and protect as yourswhilst • . Secure your business name. Registering your business name with ASIC is a step in the right direction. However, did you know that the onlyway • tLoicpernesvinegntaogtrheeerms efrnotms aurseinthgeemveonstacroemgimstoenrewd abyustoinceosms nmaemrceiaislizteoytroaudreIP you ponder thefollowing somiat riks imt. portant to gettheterritory, period of time for permitted use and what it is you are in fact licensing correct. Did you know that you should avoid licensing your source code except in limitedcircumstances.

3. All businesses gather and use data. It is important to create sound privacy policies and data compliance policies addressing international and nationallaws. If multiple parties are involved in the startup you need to consider your business structure going forward. Did you know that business structural issues often arise when the IP is sold or if a venture capitalist seeks an equitystake. Sometimes the most effective way to protect your IP is to protect it as confidential information. To do this you need to establish strong IP systems through non disclosure agreements. Did you know that this unregister able right can often allow you to commercialize well beyond any register able rights term, think KFC and Coca Cola. All businesses gather and use data. It is important to create sound privacy policies and data compliance policies addressing international and nationallaws • • • •

4. The incubators provide the startup with space and help with facilities like a dedicated office for a particular period of time before they can settle down. All administrative and advisory services are offered to the startup for initiating their company to start functioning. The help and support provided by the incubators is only till the startups become self –sufficient and are able to mange its own survival. The incubator primarily supports the startups to help in the establishment of firms that are financially viable and productive to itsowners

5. Accelerators The accelerators on the other hand, emphasize on mentoring, advising, and offering resources like the legal advice for startups which can help the startups achieve the success. They organize meetings and interactive sessions with the investors who have invested in the startup and also promotional pitching events that is focused on a campaign for the startup and their products andservices

6. Address - Suite 156, Level 2, EquusBuilding • 580 HayStreet • Perth, WA6000 • • • Ph: (08) 92188272 Fax: (08) 92021845 Email:alisha@macleanip.com.au