Unlocking Venture Potential in Sri Lanka through IP

Twenty-five high-potential research ventures transformed intellectual property into market advantage during Sri Lanka's Scale Up Your IP Program. These university spinoffs gained critical commercialization skills during the intensive three-day workshop in Colombo from February 18-20, 2025. Organized by WIPO and the National Innovation Agency (NIA) of Sri Lanka, with funding from the Funds-In-Trust Japan Industrial Property Global, the Program targeted the critical gap between laboratory innovation and commercial success.

Scale up your IP
Image: National Innovation Agency of Sri Lanka

The innovation challenge

Sri Lanka's universities and R&D centers produce breakthrough innovations, but commercialization remains difficult. R&D-intensive ventures face persistent challenges in defining market value, protecting intellectual property, and securing investment. Early integration of IP into business models offers a clear competitive advantage, attracts funding, and enables successful scaling.

Scale up your IP
Image: National Innovation Agency of Sri Lanka

Aligning IP to go-to-market strategy

A great idea or deeptech prototype needs early-stage strategy to succeed in the market. The Scale Up Your IP Program takes participants beyond theory—showing innovators how to integrate intellectual property into their commercialization strategy, and to transform it into a growth-driving asset aligned with commercial objectives.

Actionable focus on IP commercialization

The three-day intensive program focused on actionable skills. Participants worked directly with their own ventures through interactive sessions covering:

  • Mapping Unique Selling Points to identify competitive advantages
  • Using IP databases for competitor analysis and market opportunity identification
  • Developing brand strategies for deeptech innovations
  • Navigating complex IP ownership challenges
  • Structuring spin-off companies to maximize commercial potential
  • Creating investor-ready "data rooms" to enhance funding opportunities
Scale up your IP
Image: National Innovation Agency of Sri Lanka

Participant experiences

Dr. Dhanushi Hettiarachchi – Ophta Innovations "Thrilled to learn from the world's best on Intellectual Property, a crucial asset for the success of deep tech startups. A big thank you to National Innovation Agency (NIA) Sri Lanka and WIPO for bringing this valuable opportunity to Sri Lanka!"

Himal Gunawardhana – ITSELF Automation "Grateful for the opportunity to scale up my IP knowledge! This invaluable experience has deepened my understanding of intellectual property and its commercialization in the academic landscape. Looking forward to applying these insights to innovate and contribute to the field of healthcare and medical devices."

Scale up your IP
Image: National Innovation Agency of Sri Lanka

Beyond training: A catalyst for growth

The Scale Up Your IP Program provides foundational knowledge and practical skills that transform cutting-edge research into scalable, IP-driven businesses. It serves as a launchpad and catalyst for ongoing growth and commercial success.

Ready to scale your innovation?

Contact us to learn more about upcoming programs.


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