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Reports name /title Funding scheme detail
Report was generated on 23 Jun 2021 (Date based on PCT time)
Report url http://funding.venturecenter.co.in/viewrecord.php?srn=BI20210204103646
Description & notes (A) - Technology Development Funds; (B) - Patent Protection Funds; (C) - Technology In-Licensing Funds; (D) - Technology Scale-up/ Validation / De-risking Funds; (E) - Market Entry Funds; (F) - Expansion Funds;
Intellectual Property Right Scheme
OrganizationMaharashtra State innovation Society
Source of fundingGovernment
SchemeIntellectual Property Right Scheme
Type of fundingOther
Funding Amount20000000
Description2-10lakhs
Range of fundingUnder Rs 10 lakh
Target investeesstart ups in Maharshtra
NoteIPR (Intellectual Property Rights), this scheme aims to offer financial assistance of up to INR 2 Lakhs for a domestic patent application and up to INR 10 Lakhs for an international patent application, subject to 80% contribution by MSInS, on a reimbursement basis.
PurposeUnder this scheme, DPIIT-registered startups incorporated in Maharashtra, with a lifetime annual revenue of less than Rs. 1 crore and funding of less than INR 3 crores shall be eligible for domestic patent support. DPIIT-registered startups incorporated in Maharashtra, with a lifetime annual revenue of less than INR 5 crores and funding of less than INR 3 crores shall be eligible for international patent support. In case the startup has raised funds of more than INR 3 crores, MSInS shall support up to 50% of the total cost (instead of 80%). Apart from financial support, technical assistance (for example access to empaneled attorneys, etc.) will also be provided in this scheme.
Focus area
Provides Funds For B, C,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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