Ballast IP Capital Group, LLC (BIPC) will announce its launch at the Power of Crowdfunding Conference at the House of Sweden. Attorney Scott Popma, who is leaving the partnership at Finnegan, Henderson to start BIPC, is an intellectual property and crowdfunding JOBS Act expert. He founded this venture to help businesses protect their intellectual property (IP) assets, raise growth capital, and leverage social media to rapidly expand and sustain marketing networks.
BIPC provides investors with access to cutting edge opportunities to invest directly with businesses. Ballast also helps businesses access new markets, especially companies that want to enter the U.S. market. BIPC currently advises Scandinavian entrepreneurs on how to protect their IP, raise capital, and market in the U.S.
Mr. Popma stated, “IP is the primary asset of many companies, but the cost of developing and protecting IP can be an impediment to growth. Without appropriate funding, many emerging companies obtain ineffective IP protection or forego it altogether. Absent a targeted IP strategy, these companies often are prevented from bringing their ideas to market, or they lose their IP and ideas to competitors. BIPC provides solutions to both of these problems.”
BIPC offers the following services for a wide variety of entrepreneurial ventures including those in the technology, consumer products, and bio-technology sectors:
- Develop strategic plans and conduct due diligence
- Strengthen IP portfolios through patents and other protections.
- Raise capital from accredited investors
- Launch and manage crowdfunding campaigns.
BIPC is also launching Tourism Crowd Capital, a joint venture with Washington, DC-based SW Associates, an international tourism development consultancy, to focus on crowdfunding for real estate, destinations, and their tourism-related businesses.