Role Of IPR For Start-Up In India

INTRODUCTION

Under the Make in India initiative, the Government of India launched the Scheme for Facilitating Start-Ups Intellectual Property Protection (SIPP) in January 2016. This scheme was initiated in an effort to reach out to start-ups, protect and promote their Intellectual Property Rights (IPR) and to encourage creativity and innovation among themselves. Any Start-ups registered under the DIPP and have obtained certificate of recognition, can avail patent filing on a reduced rate i.e. 50% less as compare to the other companies. In order to introduce the IP law and to provide the cost effective assistance to the startup, the Government invited advocates and patent agents to sign up for the SIPP scheme. Consequently, several members of the IPR practicing community are now part of this scheme and registered themselves as "Facilitator".