Who will own the IP generated in a funded project? Do I need to have patents in place before applying?

IP generated during the course of the Project will usually reside with the funded party(s). The contractual terms of any outsourced work should ensure that the contracting organisation will own arising IP generated under the contract. You should ensure that you have freedom to operate – i.e. you have access to or a reasonable plan to obtain access to the required background IP to commercialise the project outputs. We will review your translational plan and whether you have freedom to operate when we assess your application.