Home » Commerce and Industry » Scheme for Intellectual Property (IP) protection revised to upgrade the professional charges of the facilitators

Scheme for Intellectual Property (IP) protection revised to upgrade the professional charges of the facilitators

Patent applications filed by Startups increases from 179 in 2016-17 to 1500 in 2021-22; Trade Mark applications filed by Startups increases from 4 in 2016-17 to 8649 in 2021-22

To protect and promote Intellectual Property Rights (IPR) of Startups and to encourage innovation and creativity among them, Government of India had launched a Scheme for facilitating Start-Ups Intellectual Property Protection (SIPP) in 2016. The scheme facilitated startups in filing and processing of their patent, design or trademark application through the assistance of IP Facilitators, whose fee was borne by the Office of the Controller General of Patents Designs and Trademarks, Department for Promotion of Industry and Internal Trade, Government of India. After its successful implementation resulting in a significant increase in IP fillings by Startups the Scheme was extended for a period of three years till 31st March 2023.

To further encourage the IP facilitators to provide quality services to Startups in order to increase the number of IP Applications filed by startups, the scheme has now been revised and facilitation fees has been notably increased by at least 100%. The revised scheme is applicable from 02 November 2022 and revised fees structure vis-à-vis the old scheme is as under:

Stage of Payment Patents Trademarks Designs
FEE (in INR) 2016 2022 2016 2022 2016 2022
At the time of filing of Application 10,000 15,000 2,000 3,000 2,000 3,000
At the time of final disposal of Applications Without Opposition 10,000 25,000 2,000 5000 2,000 5,000
With Opposition 15,000 35,000 4,000 10000 4,000 10,000

 

In addition to above scheme, IP filling by startups are also encouraged by providing with fee rebates under respective IP legislations. Startups are provided 80% fee rebate in filing patent applications and 50% fee rebate in filling trademark application. In addition, there are also provisions for fast-track examination of patent applications.

Resultantly, there has been a significant increase in IP activities by Startups in last 6 years:

  • Patent applications filed by Startups have increased from 179 in 2016-17 to 1500 in 2021-22;
  • Trade Mark applications filed by Startups have increased from 4 in 2016-17 to 8649 in 2021-22;
  • From 2016-17 to October 2022, 7430 patent applications and 28749 Trade mark applications have been filed by Startups.

As on 30 September 2022, INR 380.81 Lakhs have been disbursed as fees to the facilitators assisting the Startups in IP fillings. The revised fee structure will further augment the filing of IP applications by the Startups through the assistance of IP facilitators offering effective and quality service.

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR JUNE, 2024

The combined Index of Eight Core Industries (ICI) increased by 4.0per cent (provisional) in June, 2024 ...

DPIIT promotes green logistics industry balancing economic growth and environment

The Government recognizes the importance of sustainable logistics for India’s economic growth and environmental well-being. ...

EXPORT OF SEA FOOD

The current status of the export of seafood from the country is given below:-   ...

Combined Index of Eight Core Industries (ICI) increases by 5.2 per cent (provisional) in March, 2024 as compared to March, 2023

The combined Index of Eight Core Industries (ICI) increased by 5.2 per cent (provisional) in March, 2024 ...

Index Numbers of Wholesale Price in India for the Month of March, 2024 (Base Year: 2011-12)

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is ...

Despite persistent global challenges, overall exports (merchandise + services) estimated to surpass last year’s highest record. It is estimated to reach USD 776.68 Billion in FY 2023-24 as compared to USD 776.40 Billion in FY 2022-23.

India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD ...

GeM crosses ₹ 4 Lakh Crore in GMV at the end of this Fiscal Year, doubles business in a year

Government e Marketplace has closed this financial year with ₹ 4 lakh crore in Gross ...

Combined Index of Eight Core Industries increases by 6.7% (provisional) in Feb 2024 as compared to Index of Feb 2023

The combined Index of Eight Core Industries (ICI) increased by 6.7per cent (provisional) in February 2024 ...

Highest monthly merchandise exports, in the current FY so far, recorded in February 2024. India’s merchandise exports in February 2024 stands at USD 41.40 Billion; an increase of 11.86% over USD 37.01 Billion in February 2023

India’s overall exports (Merchandise and Services combined) in February 2024* is estimated to be USD ...

Index Numbers of Wholesale Price in India for the Month of February, 2024 (Base Year: 2011-12)

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is ...

WP2Social Auto Publish Powered By : XYZScripts.com