The Scheme is offered as part of the amalgamated MSME Innovative Scheme of Ministry of MSME.
Objectives
To enhance the awareness of Intellectual Property Rights (IPRs) amongst the MSMEs to encourage creative intellectual endeavour in Indian economy;
To take suitable measures for the protection of ideas, technological innovation and knowledge-driven business strategies developed by the MSMEs for;
Eligibility/Applicability
For Patent, Geographical Indication and Trademark Reimbursement:
All MSMEs having UAM/Udyam Registration.
Nature of Assistance
Grant of up to Rs. 1 crore would be provided to an IPFC in milestone-based (three or more) instalments
Reimbursement for registration of Patent, Trademark, Geographical Indications (G.I.), Design: The maximum financial assistance to the eligible applicants under the IPR component is as follows: