intellectual property scheme for startups in india
TRANSCRIPT
India has always been
home to many start-ups.
Right from Red Bus to
Zivame, all of it has
originated here.With the
country's youth becoming
more tech-savvy, the start
up market is expected to
grow leaps and bounds.www.intepat.com
WHAT IS A START-UP?
Any entity incorporated or registered in India not prior to
five years, with an annual turnover not exceeding 25 crore
rupees in any preceding financial year and working towards
innovation, development or commercialization of new
products, processes or services driven by technology or any
other form of intellectual property will be deemed to be a
Start-Up. At this juncture, it is essential to note that an
entity would cease to a start-up after five years or once its
turnover exceeds 25 crore rupees. www.intepat.com
SIPP: BENEFITSThe primary objective of the SIPP
scheme is to promote awareness
and the adoption of IPRs among
start-ups. The scheme is
exclusively designed to nurture
emerging technologies in startups
and assist them in protecting the
same while deriving maximum
commercial benefit out of it.
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SIPP: BENEFITS
In furtherance of this
objective, The SIPP
scheme helps start-ups to
register and protect their
intellectual property at
charges that are affordable
and convenient for them.
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AVAILING THE BENEFITSTo avail the benefits of the SIPP, there are only two requisites!!The primary requisite is that the entity that seeks to avail this scheme is that it should be registered as a start-up with the Start-Up Certification Board. Second, such start-up should enlist the help of a facilitator.
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FACILITATOR? WHO'S THAT?
In order to assist start ups, the Government of India has
appointed facilitators. Facilitators are those empanelled
by the Controller of Patent, Trademark and Design
(CGPTDM) and who are the ones permitted by the
Government to assist start-ups in protecting their
intellectual property.
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WHAT DOES A FACILITATOR DO? Provides general advice in different IPRs to startups on a pro
bono basis.
Provides information with regard to protection and promotion
of IPRs of startups in other countries.
Provides assistance in filing and disposing off the IP
applications with regard to patents, trademarks, and designs.
Drafts complete or provisional specifications for inventions of
startups and other ancillary functions.
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WHAT DOES A FACILITATOR DO? Preparing and filing responses to the
examination reports and other notices
or letters sent by the patent office.
Appearing on behalf of startups for
hearings. Contesting oppositions, if any.
Ensuring the final disposal of the IPR
application.
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DOES THE GOVERNMENT CLAIM A RIGHT?
Absolutely not! As stated earlier, the primary aim of the
SIPP scheme is to promote awareness and the adoption
of IPRs among start-ups. Therefore, the facilitator and the
Government cannot and will not lay a claim on the
intellectual property of the startup. It will be under the
sole ownership of the startup.
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HOW DOES ONE FIND A FACILITATOR?
The list of facilitators empanelled by the
CGPTDM is available on
www.ipindia.nic.in. However, one does
not need to go far! It is a matter of
great honor and privilege and Mr.
Senthil Kumar is one of the facilitators
empanelled by the CGPTDM. Therefore,
protection of your intellectual property
is just a click away!www.intepat.com
Intepat IP Services Private LimitedNo:8, 1st Floor, 15th Cross, 100 Feet Ring Road, JP Nagar 6th PhaseBangalore – 560078, India
Email: [email protected] Web: www.intepat.com Tel: 080-42173649