IP And Trademarks 9 August 2026
India Innovates
The Indian government has launched several schemes to promote innovation, startups and entrepreneurship, including the Patent Facilitation Scheme, which reduces patent filing fees by 80% and provides a one-time grant of up to 100% of the cost of filing a patent, the scheme aims to encourage innovation and entrepreneurship in India by making it easier and more affordable for startups and entrepreneurs to file patents and protect their intellectual property
The Indian government has introduced several initiatives to boost innovation and entrepreneurship.
Some key schemes include:
- The Patent Facilitation Scheme, which reduces patent filing fees by 80%
- A one-time grant of up to 100% of the cost of filing a patent.
These schemes aim to encourage innovation and entrepreneurship in India by making it easier for startups and entrepreneurs to file patents and protect their intellectual property.
Key benefits of these schemes include:
- Reduced costs for patent filing
- Increased access to funding and resources
- A more supportive ecosystem for startups and entrepreneurs
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