Last updated: February 20th, 2020 5:54 PM

Support for International Patent Protection in Electronics and IT

The International Patent is necessary to be globally competitive which makes the industries more innovative. To protect the Intellectual Property, the Indian SMEs are assisted by the schemes initiated by the Government of India called Support for International Patent Protection in E&IT (SIP-EIT). Due to this initiative, the national filing and international applications from Indian companies significantly improved recently. This scheme is initiated by the Department of Electronics and Information Technology and this article provides details on the same.

Objectives

To enable the SMEs to be globally competitive for producing world-class products by providing financial support for the international filing of Information Communication Technologies and Electronics sector. Also, this initiative conducts IPR awareness workshops as part of the programme. To encourage indigenous innovation and to recognize the value and capabilities of global IP and capture growth opportunities in the area of information technology and electronics.

Financial Assistance

The financial assistance is provided for applying Intellectual Property Rights through budgetary funds.