WTF is this Acu Seeds/Giselle Boxer promotion doing on the
UK Government (Gov.UK) Website ?????
https://dragonsden.blog.gov.uk/2024/01/18/dragons-den-ip-blog-series-21-episode-3/
Dragons' Den IP Blog - Series 21 Episode 3
Episode 3 got off to a kicking start with entrepreneur and ex-football player Gary Neville joining the Den
Entrepreneur and mum, Giselle Boxer, entered the Den ready to take the Dragons on. Giselle asked for £50k and help with scaling-up her business Acu Seeds, in exchange for a 10% share in the business.
Giselle told the Dragons about her inspirational story that led to starting her own business. She was diagnosed with ME (chronic fatigue syndrome) four years ago.
I went from working in a top advertising agency, with a busy social life and exercising regularly to being mostly house bound and unable to walk for more than 5 minutes without having to get back into bed. I was told by doctors that I would never recover, work again or have children.
She told them how she believes that using a combination of diet, acupuncture, Chinese herbs and ear seeds aided her recovery within a year. Soon after this she fell pregnant, and it was whilst on maternity leave that she set up her business, Acu Seeds.
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Licensing to expand
Giselle told Deborah Meaden that she wants to grow the business as “big as it can go.”
One way Giselle could do this is by licensing her project out to wholesalers, granting them permission to use her products without infringing on her rights. A licence is an agreement between you as the IP right owner and another party. IP can be ‘licensed-out’ or ‘licensed-in’. You can ‘license-out’ to another company in return for a fee. You can ‘license-in’ if you want to use another company’s IP to develop your own business and products. The person granting the licence is usually called the licensor, and the person receiving the licence is usually called the licensee.
After the profit margins in Giselle's pitch knocked Sara Davies’ socks off, the Dragons all made offers, making her the first entrepreneur in Den history to receive six offers.
Giselle chose to go with Dragon Steven Bartlett for 12.5% of her full asking amount after being told in the past that she would “meet a man called Steven and that he was going to be really important.”