Intellectual Property Rights (IPRs) are emerging as a strategic business tool for any business organisation to enhance industrial competitiveness. Startups, with limited resources and manpower, can sustain themselves in this highly competitive world only through continuous growth and development-orientated innovations; for this, it is equally crucial that they protect their IPRs in India and outside. The scheme for Startups Intellectual Property Protection (SIPP) is envisaged to facilitate the protection of Patents, Trademarks and Designs of innovative and interested Startups in India and outside.
Startup MahaKumbh is a first-of-its-kind event bringing together the entire startup ecosystem of India including startups, investors, incubators and accelerators, and industry leaders from several sectors. The event is scheduled from March 18-20, 2024 at Bharat Mandapam, New Delhi. Led by the collaborative efforts of ASSOCHAM, NASSCOM, Bootstrap Incubation & Advisory Foundation, TiE and Indian Venture and Alternate Capital Association (IVCA), the event will have sector-focused pavilions, which will showcase India's most innovative startups.
The World Intellectual Property Organization (WIPO) takes into the account the exclusive role of SMEs and startups to use IP systems to deploy innovative and creative activities that have the potential to contribute economically, socially or culturally to society. Through this Awards Program, WIPO undertakes to celebrate SMEs that have used IP rights to commercialize innovative and creative products/services beyond their home country, and in the case of startups, for integrating IP into their business venture at an early stage, acknowledging the potential to commercialize their IP assets.
The International Conference on IPR in its journey of past 8 editions have emerged as a global platform with participation from many countries like Japan, UK, USA, France, and others. The event is strategically structured to also provide the participants new and enhanced business opportunities by way of interacting not only with the international and domestic participants and but also with Government.
A patent allows you to protect any intellectual property(IP) that you have developed and have exclusive usage of your IP for limited time. To know more about patents and how to file for a patent, you can read the ‘FAQ’s for IPR’ listed on the Startup India portal. It is listed under the “Connect” tab.
The legal Support and Intellectual Property Right (IPR) Facilitation benefits provided under Startup India Initiative are as follows:
Fast-tracking of Startup patent applications so that they can realize the value of their IPRs at the earliest possible.
Panel of facilitators to assist in filing of IP applications. The list of these facilitators is available above.
The Central Government shall bear the entire fees of the facilitators for any number of patents, trademarks or designs that a Startup may file, and the Startups shall bear the cost of only the statutory fees payable.
Startups shall be provided an 80% rebate in filing of patents vis-à-vis other companies For more information, kindly contact the patent facilitators.
Under Startup India initiative, the Central Government shall bear the entire fees of the facilitators for any number of patents, trademarks or designs that a recognised startup may file, and the Startups shall bear the cost of only the statutory fees payable to facilitator as per the notification.
For more information on Startup Intellectual Property Protection Initiative, Please visit the link shared above for any assistance and clarification.
For list of facilitators, please visit the webpage and contact any one of them for further assistance or clarification.
Trademark Rules, 2017 has been recently amended to provide 50% rebate in Trademarks filing fee to Startups
For more information, kindly Click here
For any queries pertaining to Intellectual Property Rights please fill out the following query form below.
Query Form
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