IPR Support Scheme: Who Qualifies and What You Get
Learn how registered MSMEs can get financial assistance for filing patents and trademarks to protect their intellectual property.
This scheme provides financial assistance to help small businesses protect their original ideas and brand identities through official legal registrations.
Who it's for
This scheme is specifically designed for businesses that are officially registered as MSMEs. If your business is categorized under the Micro, Small, and Medium Enterprises designation, you may qualify to use this support to protect your creative or technical assets.
What you get
The primary benefit of this scheme is financial assistance for filing patents and trademarks. Patents allow you to protect technical inventions and new processes, while trademarks help you protect your brand name, logos, and unique identifiers. The support is intended to lower the financial barrier to securing these important intellectual property rights.
What it costs you
To access this support, you must have an active Udyam registration. This registration serves as the official proof of your MSME status, which is a requirement to prove you are eligible for the assistance. You will need to ensure your Udyam details are up to date before you begin the process.
The catch to know
The most important thing to understand is that this is a reimbursement-based scheme. This means the government does not pay the filing fees upfront for you. You must first pay the full costs of your patent or trademark filing out of your own pocket. Once the filing is complete, you then submit your claim to receive the money back. You must have the necessary liquid funds available to cover these initial costs before you can benefit from the scheme.
How to apply
- Verify that your business has a valid Udyam registration to prove your MSME status.
- Identify the specific patent or trademark you wish to file for protection.
- Proceed with the filing process by paying the necessary official fees upfront.
- Keep all receipts and documentation related to your filing and payment.
- Submit your reimbursement claim through the official channels provided by the issuing government body.