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LONDON - GenIP Plc (AIM:GENP) has formed a strategic partnership with Seattle-based 360 Social Impact Studios to integrate its Invention Evaluator reports into 360’s innovation platform, the technology consultancy announced Wednesday.
The collaboration will make GenIP’s evaluation service the standardized first step in 360’s venture-building methodology, ensuring all projects undergo assessment for market potential and commercial readiness before proceeding.
The partnership transforms GenIP from an external service provider to a core component of 360’s platform, creating a recurring revenue stream while providing access to over 50 active engagements and more than 100 corporate clients.
"This corporate strategic partnership represents a significant milestone for GenIP," said Melissa Cruz, CEO of GenIP. "By embedding our Invention Evaluator into 360’s global framework, we transition from being a project-based service to a foundational part of their innovation infrastructure."
Chandler Lewis, Managing Director and Founder of 360 Social Impact Studios, noted that GenIP’s services address gaps in early-stage innovation through rigorous validation and strategic talent acquisition.
The agreement also creates cross-selling opportunities for GenIP’s recruitment and leadership hiring services as 360’s portfolio companies scale their operations.
360 Social Impact Studios builds tech-enabled ventures focused on social, environmental and financial outcomes, with recent work including AI-enabled diagnostics and rehabilitation platforms.
GenIP provides generative artificial intelligence analytic services to help organizations assess and commercialize technological innovations through its Invention Evaluator reports and Vortechs executive recruitment service.
This article is based on a press release statement from GenIP Plc.
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