IPRights4All(TM) Solution

T-I-L® is contributing to capturing $1 trillion in additional yearly US gross domestic product growth by disrupting structural barriers to intellectual property (IP) rights creation and ownership, for entrepreneurs from marginalized and underrepresented communities. International Monetary Fund and World Bank data show comparable opportunities globally.  Our work confirms those projections based on work with clients in Africa, Asia and the US.  We are helping clients to create and monetize innovation, in the form of intangible assets, today as a digital service.  Additionally, we have built minimum viable product components and are seeking resources to scale the solution and to make it a digital product that connects with global financial ecosystems.

Our solution is making it easier and less costly to protect and to monetize their innovation. The goal is to support 2.7 million entrepreneurs in creating $5.4 billion of their own financial value. The work supports the United Nations Sustainable Development Goals for 2030, indicating global opportunity. Results show that the business is energizing creativity, addressing global challenges, and can deliver a financial return too.

For Phase I, to date we estimate the IPRights4All(TM) Solution has helped 109 underrepresented creatives and entrepreneurs to create $43 million (US) of their own financial value.  With MIT Solve support we believe we can scale the results as a global social enterprise.  Some literature indicates that this solution may benefit 30% or more of the global population when all phases are deployed. In Phase I we are focusing on demographic "Generation Z".

IPRights4All™ Solution is a “one stop” IP solution for creatives and entrepreneurs from under-served communities. It is designed to be used by either T-I-L® clients and/or staff, to register and protect IP. Also, it is designed to be used by other legal services providers to serve the audience of entrepreneurs from under-resourced communities. Current features are: Product - digital service enabling clients to research/acquire/protect/monetize intellectual property, software product launching 2022; Price – target 50% of market comparable; Revenue Model - monthly subscription, fixed fee, service, and monetization success fee payments; Promotion(s) – “COVID-19 Pay What You Can” for customer accessibility; Distribution – virtual/online; Positioning – differentiated by combination of affordable price, value adding features, and relationship for monetization. Our competitive advantage is the partnership created by the solution and technology design, making it easier and less costly to create, use, protect IP, and monetize their innovation in authenticated trade across the globe.

Demographics are diverse, and story driven. Offerings are available to
all. Resources are invested in reaching marginalized and
underrepresented entrepreneurs. Select client demographics are: 95%
people of color, 60% women, 50% small business or startup, 25% social
impact, 25% creative, age range 7 - 67, income public housing to
middle-class, residing 61% (US), 35% (Asia), 4% (Africa).  Simply put, the benefits include the creation of marketable intangible assets that may be traded for financial inclusion and generational wealth building. In Phase I of the IPRights4All(TM) Digital Product launch we are focusing on demographic "Generation Z".

T-I-L(R) is positioned to capture this opportunity, and to solve the problem, because we are engaged in the communities served directly, through partners, and via our own personally diverse life experiences. About 90% of our team are from historically marginalized and underrepresented communities.  The countries of origin include Korea, Nigeria, US and Vietnam.  Further, we have complemented the life experience foundation with primary research, leveraging "client centric" and "wrap around service" models from participation in research programs with: National Science Foundation/George Washington University and Georgetown University. Finally we work through partners that are active in the communities (i.e., people of color, public housing residents, women, etc.) we serve and have the benefit of working directly with over 100 clients.  T-I-L(R) is well positioned because we are actually executing in a documented and impactful way.  We can be better.  Working with MIT Solve is a potential co-creation that can appreciate the value of the work.

Currently 113 clients for the IPRights4All(TM) Solution + audiences that have received awareness raising content delivered domestically, and globally, through presentations to diverse audiences reached by organizations with which we work currently (including, but not limited to: 1863 Ventures, Georgetown University, George Washington University, Global Chamber of Commerce, Global Startup Ecosystem, Howard University, Latino Economic Development Committee, Texas Southern University, US Department of Commerce/MBDA (Africa, Asia, Latin America), Vietnamese Commerce, etc.)

We believe Partnering with the MIT Solve Community can benefit each, of the four (#8, #9, #10, #17) United Nations Sustainable Development Goals we support directly, in the following areas:

1. Launch version 1.0 of the Digital Product IPRights4All™ Solution Software MVP and monetization platform;

2.increase and enhance awareness raising events to drive growth and scale;

3. deploy a mobile application to expand MVP market coverage;

4. add ecosystem partnerships to accelerate scale and social impact.

T-I-L(R) has developed a solution that applies business process re-engineering to intellectual property rights, inspired in part by the Stanford Extreme Affordability Design Program.  We have proven it at small scale on three continents.  The broader impact catalyst will be to expand that proof to a larger audience.  The literature shows the global audience that may benefit may be as large as 30% of the population.  It meets people where they are and provides an opportunity for all to participate in domestic and global economies in ways that are financially inclusive. The T-I-L(R) IPrights4All(TM) Solution creates an "all hands on deck" path for people that want to improve their economic situation and perhaps help others too.

For simplicity our current social impact metric is average value per client.  It has ranged from $14K - $24K through 2021.  The metric increased significantly in 2022.  We are aware of the complexities and opportunities for enhancing insights from the work, and will do so as work progresses.  For the purposes of the "Impact Goals" below we use $14K / per client + existing documented results and the client projections in social impact business model being used for fundraising today:

I. CLIENTS / YEAR (2023 - 2027)

115.08, 405.00, 2,615.00, 9,450.00, 24,596.00

II. SOCIAL IMPACT / YEAR (US $MILLIONS) (2023 - 2027)

$44.6MM, $165.6MM, $1,082.2MM, $3,910.9MM, $10,178.9MM

T-I-L® IPRights4All Solution Digital Service has delivered $24 thousand in estimated average financial value per client as of the end of the year 2021. The average financial value has increased driven by market prices value events of $750 thousand and $40 million (2023), in addition to other macro and micro economic impacts.  We expect the Digital Product to accelerate the value creation by enhancing scalable access to the capabilities.

We are disrupting structural barriers, to underrepresented creatives and entrepreneurs using intellectual property rights to pursue their aspirations, by making it easier and less costly for them to create, protect, and monetize their innovation.

In the US, the opportunity and the structural barriers date back to the founding of the country and its constitution. Article I, Section 8, Clause 8 provide the literal and inferred foundation of intellectual property rights and the associated intangible assets.  That same document is the basis for cultural and unlawful bias and discrimination. Over time the issues of lawfulness have been addressed to a large extent, although not completely.  The cultural and legacy administrative and regulatory barriers remain.  They are evidenced by the paucity of marginalized and under-served entrepreneurs creating intellectual property (see USPTO data on black, brown, women, etc.).  Also they are evidenced by the USPTO and Invent Together finding that engaging the audiences harmed by the structural barriers has the potential to increase annual US Gross Domestic Product by 5% or $1 trillion.  IMF and World Bank data and literature show comparable potential in other countries. 

T-I-L(R) invented a solution that both captures the opportunity and scales the barriers using a unique technology powered design.  That is the IPRights4All(TM) Solution.  It is informed by primary research funded by the National Science Foundation.  IPRights4All(TM) has been proven in the marketplace with clients and customers. It works by providing awareness, access, affordability, and the ability to pursue a return on investment in the client terms. 

Our target is to help 2.7 clients create $5.4 billion of their own value by 2030.  To date we estimate supporting 113 clients with $43 million of their own value creation.  Co-creating with MIT Solve has the potential to exceed our target and to build a superhighway for inclusive innovation - to address challenges and to create  opportunities.

Client Centric Design / KYC (know your client) +

Cloud Computing / Software Application(s) +

Artificial Intelligence / Data Analytics +

Blockchain +

Web3 +

Partnerships / Relationships

DEIA (Diversity, Equity, Inclusion, Access) is built in by foundation, life experience, design, and impact.  It is personal.  My uncle "Wiley" was a singer with a famous music group in the 1960s.  Family lore has it he wrote a hit song.  He was one, of 13 kids, born to two farmers from Chesterfield, SC.  He did not understand intellectual property or the potential for a Copyright for his song.  The result was no royalties for Wiley Bennett and no generational wealth to share forward.

IPRights4All™ Solution is a “one stop” IP solution for entrepreneurs from underserved communities. It is designed to be used by either T-I-L® clients and/or staff, to register and protect IP. Also, it is designed to be used by other legal services providers to serve the audience of entrepreneurs from under-resourced communities. Current features are: Product - digital service enabling clients to research/acquire/protect/monetize intellectual property, software product launching 2022; Price – target 50% of market comparable; Revenue Model - monthly subscription, fixed fee, service, and monetization success fee payments; Promotion(s) – “COVID-19 Pay What You Can” for customer accessibility; Distribution – virtual/online; Positioning – differentiated by combination of affordable price, value adding features, and relationship for monetization. Our competitive advantage is the partnership created by the solution and technology design, making it easier and less costly to create, use, and protect IP to position clients to monetize their creativity and innovation.

1. We are profitable today, on a boot strap basis (building on $75K of founders capital, friends and family, and grants), and project gross operating margins of 30% - 50% paying clients

2. Within a Public Benefit Corporation structure, we are seeking $950,000 of social impact investor capital, which is projected to full fund the IPRights4All(TM) Digital Product Platform and operate in Phase I markets.  Currently we have one accredited public-private investor with whom we have completed due diligence and are negotiating a term-sheet for $100,000.

The IPRights4All(TM) Platform will be expanded to include existing and emerging forms of intellectual property rights, and to provide markets for clients, through a combination of grants and additional accredited social impact investor capital raising.  For investors the base case business model has the following characteristics from 2023 - 2027

DISCOUNT RATE

20.00%

NET PRESENT VALUE

$2,990,973

INTERNATIONAL RATE OF RETURN

79%