O
If you were representing Enterprise Ireland, would you take it as rude to be asked to sign an NDA, before the project was presented to you in full?
Fear is, that Enterprise Ireland are involved with existing companies who could develop and supply the same product, as opposed to Enterprise Ireland assisting a start-up.
Fully agree with the accountability up the chain you outlined, I also accept that many of the potential ideas are out there already but I don't fully understand the red flag component you described.I can't comment on EI but I know from my own dealings with LEO's in an advisery capacity is that NDA's can be a red rag. At the end of the day, this is taxpayers money that these bodies are giving out, they have to account for it, they have to report on it up the line and to the state and 99 times out of 100 what the NDA is attempting to cover is already out there. EI and LEO may also need to bring the application back into a committee whose members have already signed NDA's as part of their membership or employment.
What would be much more benificial would be a patent on what you have.
@PurpleYour friend also has to remember that any legal IP protection is useless unless you have lots of money to defend it in court.
Strategic patience, a nice display of playing the long game there.@Purple
Is this you Purple, before you grew up to get a capital P !
I once worked with a technology/process for a large multi-national. The technology had been developed by a small company which had no money to defend it in court, so they didn't. They let the big boys use it. Then after several years when it had become an essential part of their work for a number of multi-nationals they sued. It is a lot easier to sue than defend. Of course it was settled out of court so no one knows what the result was, but the developers were going around with a big smile on their faces.
Yes, that was me. T'was only a pup back then.@Purple
Is this you Purple, before you grew up to get a capital P !
I once worked with a technology/process for a large multi-national. The technology had been developed by a small company which had no money to defend it in court, so they didn't. They let the big boys use it. Then after several years when it had become an essential part of their work for a number of multi-nationals they sued. It is a lot easier to sue than defend. Of course it was settled out of court so no one knows what the result was, but the developers were going around with a big smile on their faces.
Most grants come with conditions, for example, the use of a mentor from Leo to support the application, training courses for the business owners/management etc and the NDA could prevent their effective use. In addition, this is taxpayers money and if the application process cannot be seen to be clear, transparent and fair, (and an NDA would/could prevent that) it wouldn't be approved. Indeed, it's unlikely it would even reach the committee.Fully agree with the accountability up the chain you outlined, I also accept that many of the potential ideas are out there already but I don't fully understand the red flag component you described.
For example if I approached the LEO you work with & requested an NDA in good faith what about the request would raise that red flag?
How might the discussion about the NDA around the LEO commitee table go?
I had in my mind that it could alienate the relationship but I didn't have in mind that it would be an actual red flag, procedural or otherwise.
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