2017 Call for Entries!
- Start-up company must have less than $200,000 equity investment as of November 16, 2016
- Business plan must have an IP component and build strategies for how the intellectual property will be used to achieve business plan objectives. Register early to build this component with LES mentors!
What's in it for YOU?
- Learn the basics of IP and licensing.
- Extraordinary mentorship, judging and feedback from IP and licensing professionals
- Use patent analysis tools from the IP ToolBox to learn about freedom to operate and close art
- Learn how intellectual property strategy supports your business plan
- Finalists virtually compete at the LES (USA& Canada) Spring Meeting in Washington, DC, May 8
- Chance to win $10,000 Grand Prize or $5,000 Global Award, and in-kind prizes. All finalist teams receive $1,000
- The best post-doctoral scholar and MS/MBA/
MD/JD/PhD student team from around world
will receive special recognition
The competition is now in its 13th year. It is designed to partner professionals and student start-up companies, which have received less than $200,000 of investment funding, with senior leaders in the licensing and intellectual property (IP) community as a way to provide mentorship and education about business basics and best practices in IP and licensing transactions. Approved plans submitted to the competition must include a core intellectual property component and strategies describing how the intellectual property will be used to achieve overall business plan objectives. Throughout the competition, participating teams work closely with seasoned professionals to discover concepts that could otherwise take many years of experience to learn.
Why Choose the LES Foundation Competition?
Frank Barnes Mentor Award
The Frank Barnes Mentor Award is an annual award given to a deserving executive, who has, like Frank Barnes, mentored many licensing executives. This award will be presented each year at the LES (USA & Canada) Annual Meeting.