Businesses that need help protecting their intellectual property will have access to a new set of tools through Innovate BC. The province gave Innovate BC $2.5 million to leverage $12.5 million from the federal government going to Accelerate IP.

The investment aims to help the growing knowledge sector of the economy, which includes creators and innovators. Understanding the legal and financial implication of IP can be complex, and the new tools will help make the process easier.