The Department of Electronics and Information Technology (DeiTY) has launched a scheme entitled “Support for International Patent Protection in E&IT (SIP-EIT)” to provide financial support to MSMEs and Technology Start-Up units for international patent filing. SIP-EIT Scheme captures the growth opportunities in the area of information technology and electronics. This scheme encourages indigenous innovation and also recognise the value and capabilities of global IP. In this article, we look at the SIP-EIT Scheme in detail.
Catalyst strives to improve the patent consulting space in India by using avant-garde strategies.
How do we help?
Catalyst has truly democratized knowledge about Indian patent laws and practices by publishing insightful content dealing with the nuances of patent practice in India. The content is not just referred to by patent practitioners and esteemed companies in India, but is also perused worldwide. Our monthly newsletter, EmbraceIP, includes extensive information related to Indian IP matters and reaches over 30,000 readers worldwide, which is a testimony to our team’s expertise and commitment to setting benchmarks in the patent consulting space.
Benefits of the Patent Scheme
The Reimbursement limit has been set to the maximum of Rs. 15 Lakhs per invention or 50% of the total charges incurred in filing and processing of a patent application, whichever is lesser.
This support scheme can be applied at any stage of international patent filing by the applicant. However, the reimbursement will only be applicable to expenditures incurred from the date of acceptance of a complete application by DeiTY subject to the approval of the competent authority.
How can we help you?
Submit a business inquiry online for more information.
“The results were clear, professional, and persuasive, and the investors and advisors who have seen the materials loved them. They know what investors want!”
