Good news for people filing patents
June 20th, 2008 — admin*ISA(Indian Semiconductor Association) announced a scheme -Support International Patent Protection in Electronics and IT (SIP-EIT)-to support International patent Protection by SMEs and Technology Start up Units.
*Financial support: Up to 50% of the total patent cost. The support will be in form of reimbursement of expenses in actual to the applicant. Support will be limited to Rs.15 lakhs or 50% of the total expenses incurred on filing each invention whichever is less.