Intellectual Property Right under MSME Innovative Scheme

Intellectual Property Right under MSME Innovative Scheme

The Intellectual Property Right Scheme under the MSME Innovative Scheme aims to increase awareness, protection, and commercialisation of intellectual properties like patents, trademarks, designs, and geographical indications among MSMEs.

Highlights

What is the Intellectual Property Right Scheme?

Objectives

Benefits of the Intellectual Property Right Scheme

Financial Assistance Under the Scheme

Components 

Assistance provided 

Intellectual Property Facilitation Centres (IPFC)

  • To help IPFC with their work a grant of up to Rs 1 crore will be provided on milestone basis 
  • IPFC will be actin as Implementing agencies (IA) there period will be for 3 years and they can renew after that 

 

Reimbursement of registration fee for IPR through IPFC

 

 

  • For Domestic patent 100% cost reimbursed (subject to max up to Rs 1 lakh)
  • For Foreign patent 100% cost reimbursed (subject to max up to Rs 5 lakhs)
  • For GI registration 100% cost reimbursed (subject to max up to 2 lakhs)
  • For Design registration 100% cost reimbursed (subject to max up to Rs 15,000)
  • For Trademark registration 100% cost reimbursed (subject to max up to Rs 10,000)
  • It is a 1 time support from Govt. It does not cover cost of of renewal or correction or updation in application of IPR. 

Eligibility for Intellectual Property Right Scheme

You are eligible if:

You are not eligible if:

Documents Required

Application Process for Intellectual Property Right Scheme

You can apply:

Examples of Where the IPR Scheme Can Be Used

Intellectual Property Rights Scheme for MSMEs | Innovative