Government Offers ₹15 Lakh Aid for Filing Patents Abroad Under SIP-EIT Scheme
Government Scheme Desk – The central government promotes innovation and intellectual property by offering financial assistance under the PRISM scheme (Promoting Innovations in Individuals, Start-ups and MSMEs) for filing patents abroad.
The Department of Scientific and Industrial Research (DSIR) runs this scheme. The scheme provides up to ₹15 lakh to individual inventors and tech startups. This initiative aims to increase the number of international patent filings.
Officials confirm that the government launched this PRISM scheme in 2013 to promote global intellectual property filings. This scheme covers up to 75% of the total cost involved in filing patents in foreign countries.
If a startup, individual, or MSME secures a patent approval abroad, they can claim reimbursement of up to ₹15 lakh. Applicants must submit all relevant patent documents, invoices, and proof to avail the financial assistance.
Eligibility and Conditions
- The invention must meet the criteria under the Indian Patent Act, 2006 (amended in 2013), including novelty, inventive step, and industrial application.
- The applicant must submit a provisional registration, final audited balance sheet, and all required supporting documents.
Who Will Get the Benefit
- The PRISM scheme applies only to applicants who have already filed patent applications in India and have received foreign patent grants in any of the 39 notified countries.
- Individuals, startups, MSMEs, academic institutions, and government or private R&D organisations can apply for the benefit.
- The government will consider patents granted abroad valid only if the Indian patent has already been filed.
Refund of Expenses on Patent Filing
- If the applicant receives a foreign patent, the government will reimburse up to 75% of the total filing expenses.
- If the patent is not granted, the applicant can claim up to 25% of the total cost.
- The applicant must submit the patent grant certificate, fee receipts, foreign bank remittance proof, and an official report from the Indian embassy of the concerned country.
- The government will process the refund only after it verifies all submitted documents.
How to Apply for the Scheme
- The applicant must visit the official PRISM scheme website: http://www.ict-ipr.in/registration
- The applicant must create a login and submit the application online.
- The applicant must upload the scanned copy of the Indian patent application, foreign patent grant certificate, bank receipts, and other required documents.
- After online submission, the applicant must send a hard copy of the application and documents to the Department of Scientific and Industrial Research (DSIR).
This PRISM scheme is designed to reduce the financial burden of patenting abroad and encourage Indian innovators to protect their inventions globally. It also boosts confidence in international competition and promotes India’s growth in intellectual property development.
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