The Government of India launched the ambitious scheme ‘StartUp India, StandUp India’ by announcing action plans and initiatives to support early stage start-ups.
As part of this policy, the Government of India has approved and started the ‘Scheme for Facilitating Start-Ups Intellectual Property Protection’ (SIPP) to nurture their innovation and creativity and promote awareness and encourage IPR protection against Start-Ups and assist them in protecting and commercialize it by providing them access to high-quality IP services and resources.
An entity (Private Limited Company or Registered Partnership Firm or Limited Liability Partnership) shall be considered a “Startup” –
a) Upto 5 years from the date of its incorporation/ registration, and
b) If its turnover for any of the financial years has not exceeded INR 25 crore, and
c) It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property.
The entity should not have been formed by splitting up or reconstruction of a business already in existence.
Recently, it is clarified that to avail IPR-related benefits (rebate in fee and free of cost facilitation in filing IPR applications), a start-up would not required to obtain certificate of an eligible business from the Inter-Ministerial Board of Certification. A Certificate of Recognition of DIPP would Suffice.
A panel of facilitators has been appointed for providing assistance and support in filing application for Intellectual Property Rights (Trademark, Patent and Design), wherein, Department of Industrial Policy and Promotion (DIPP) would bear the facilitation cost.
List of facilitators
http://startupindia.gov.in/upload/List_of_facilitators_for_patents.pdf (Patent and Design)
http://startupindia.gov.in/upload/List_of_facilitators_for_trademarks.pdf (Trademark)
Author of this article is also Facilitator.
To avail PR-related benefits for your Start-up click the below link and file online application for your Startup.
http://startupindia.gov.in/registration.php
Source: startupindia.gov.in