December 2, 2022 6:35 PM

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Govt revises scheme for Intellectual Property protection to upgrade professional charges of facilitators

<span style="color: #222222;">Government has revised the scheme for facilitating Start-Ups Intellectual Property Protection (SIPP) to upgrade the professional charges of the facilitators.<br />''<br />''The facilitation fees has been increased by at least 100 percent. The revised scheme is applicable from 02 December 2022.<br />''<br />''The scheme was launched in 2016 to protect and promote Intellectual Property Rights IPR of Startups and to encourage innovation and creativity among them.<br />''<br />''Patent applications filed by Start-Ups have increased from 179 in 2016-17 to 1500 in 2021-22.  Trade Mark applications filed by Start-Ups have increased from four in 2016-17 to eight thousand 649 in 2021-22.</span><br />

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