STARTUP INDIA REGISTRATION S Intellectual Property Rights (IPR) are extremely important for Startups as it helps startups to sustain and survive in a competitive world through continuous growth and development-oriented innovations. The Companies Act 2013 lays down the following process for a startup registration in India and mandates Digital signature certificate, Director Identification number, an account on MCA portal and an application for startup registration in India. Patent registration for startup helps them maximize benefits from their innovations. Startup India with a vision to promote innovation in India has scheme for facilitating Startups Intellectual Property Protection (SIPP) to promote patent registration for startup. Trademark registration for startup is critical to retain and protect name of company or the products. Careful selection of the right mark helps to get registration of trademark seamlessly. Copyright registration for startup helps to prot
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TRADEMARK Name of your business is a Valuable Asset Trademark Services Every business needs a TradeMark that represents it and distinguishes its products from those of others. The TradeMark that you choose has to be unique and should help your audience identify your brand instantly. A number of thinks are involved in designing a TradeMark and they include logo, tagline, shape of goods, packaging, color combination and signature. Also, it has to qualify for registration under the TradeMark Act of 1999 and comply with the rules. Trademark registration India can be a complicated process if you are to do it by yourself. The best way would be to hire a professional service that is experienced in international trademark registration. Such a service will know the entire process of trademark application India. The process of trademark registration India starts with trademark search. You have to ide
Startup India Government Public Sector
The government has so far recognised nearly 14,600 startups under the Startup India initiative to provide funding, and a fund of funds (FFS) of INR 10,000 crores has been setup. Also for the growth of Startup India proposal, the Government departments and ministries are collaborated to channelized resources and knowledge. Thereby, encouraging the innovators and entrepreneurs by supplementing with various provisions such as.. more: https://www.origiin.com/2019/02/13/startup-india-government-public-sector/
FDI Policy 2017 Introduces Start-Ups – Government, Public Sector
FDI policies of 2017 have introduced a separate section for “Start-ups” and have made a provision for the start ups to attract foreign investment and raise 100% capital from foreign venture capitalists by issuing convertible instruments. The start-ups can issue equity or equity linked instruments or debt instruments to the FVCs in exchange for foreign remittance. Start-ups are allowed to raise 100% funds from FVCs who are registered under SEBI, in automatic route. If a start-up is organized as a partnership firm or a Limited Liability Partnership (LLP), the investment can be made in the capital or through any profit-sharing arrangement. FVCs may also invest under the FDI Scheme, as non-resident entities, in other companies, subject to FDI Policy and the FEMA. https://www.origiin.com/2019/02/23/fdi-policy-2017-introduces-start-ups-government-public-sector/
Labeling product as “Patent Pending”
From the date of filing of patent application to the grant is a long procedure and often disappoints the inventor for the reason that grant of patent is going to take long time and securing patent of his interest becomes a great worry till then. However, when a patent application is filed (provisional or complete specification), patent office issues a receipt on which date of filing or priority date is stated. It is worth noting that from that date, the product for which patent has been applied for or product made by a process for which patent has been applied for can be marked as “patent pending” or “patent applied for” as a warning or a notice, meaning that patent has been applied for but not yet granted. More : https://www.origiin.com/2019/01/10/labeling-product-as-patent-pending-2/
Filling a Trademark under Madrid Protocol in India
The Madrid Protocol provides a platform to the trademark owner to seek registration in the countries that have joined the Madrid Protocol, by filing a single application (currently, over 90 countries are members of this treaty). The alternative way to seek registration is to file an individual application in each country, this onerous and expensive process has been mitigated to a large extent after India become a member of the Madrid Protocol. To file an application under the Madrid Protocol through India the following things are mandatory: More : https://www.origiin.com/2019/01/18/filling-a-trademark-under-madrid-protocol-in-india/
Patent or Trade Secret ?
Most of the industries in the business of formulations always find it tough to select right way (either to protect it with classical IP rights, for example by filing for patent protection or to keep it as a trade secret) of protecting innovations. Filing for a patent requires them to disclose the process whereas maintaining a trade-secret may be tough to do. Further, if any of their competitors come up with the same process, files for a patent, they can stop everyone in the market from using the same process. Well, it’s a difficult choice at times to select between patent and trade-secret. Some commonly known tips which might help the innovators: Read more: http://www.origiin.com/2018/12/13/patent-or-trade-secret/