Platform enabling SMEs to utilise eligible intangible assets as collateral for lending

📚 Sources & References

• Imperial College/UK IPO). However, structures enabling businesses to harness these investments are immature. Specifically, lenders traditionally attribute no collateral value to IP and intangibles. Banks may even view them as a liability, because they do not know what these assets are, how they support the company's activities, or which ones would have any realisable value if the business were to fail. Inngot has been working for some years to overcome the barriers to unlocking IP and intangible value. It has already worked with large and specialist lenders and international government agencies to facilitate unsecured lending by deploying and refining its award-winning digital platform to help businesses identify, value and communicate their intellectual assets, revealing almost $1bn of previously hidden value for SMEs. The company is now focused on addressing the problem of using IP as collateral for secured lending. Its work builds on a position of thought leadership developed through a string of influential publications for government and non-governmental agencies and industry bodies (including UK IPO
• ACCA and OECD). Having successfully completed a research project in 2019-20 supported by Innovate UK
• Inngot has now validated a number of its assumptions using artificial intelligence approaches with the University of South Wales. It has also established an initiative with a leading insurance broker to source the cover and additional data required to back its new assessment process. The company therefore has a clear route to market. This loan application is in support of the build of Inngot's new platform, which will enable the use of IP and supporting intangibles as collateral at scale, for the benefit of innovative SMEs, lenders and insurers.