Support For International Patent Protection In Electronics & Information Technology (SIP-EIT)

Headed by

: Department of Electronics and Information Technology (DeitY)

 

Industry Applicable

: IT Services, analytics, enterprise software, technology hardware, Internet of Things, AI.

 

Eligible For

: MSMEs and technology startups in the ICTE sector.

 

Overview

: The scheme, launched by the Indian government, aims to provide financial support to MSMEs and technology startup units for international patent filing to encourage innovation and recognise the value and capabilities of global IP along with capturing growth opportunities in the ICTE sector.

 

Fiscal Incentives

: Reimbursement will be limited to a total of INR 15 Lakhs per invention or 50% of the total expenses incurred in filing and processing of the patent application upto grant, whichever is lesser.

 

Time Period

: The scheme is valid upto 30.11.2019.

 

To know more about this startup scheme by the Indian Government, click here.

 

2018-07-16T05:41:19+00:00