Scheme Details

1. Intellectual Property Rights Support Scheme: With the objective of spreading awareness and providing assistance for IPR (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.

Under this scheme, DPIIT-recognized startups incorporated in Maharashtra, with a 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 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.

1. Quality Testing and Certification Support Scheme for startups: Testing and certification of products for quality and assurance are an important and critical part of business for startups. However, these costs are high for startups in their formative years. The Scheme ensures that Government of Maharashtra will be reimbursing a part of quality testing costs incurred by Startups at NABL or BIS recognised labs.

Under this Scheme, DPIIT-recognized startups incorporated in Maharashtra, with a lifetime annual revenue in any financial year of less than INR 1 crore and funding of less than INR 3 crores shall be eligible for support of maximum up to INR 2 lakhs, subject to maximum 80% contribution by MSInS.

LinkedIn Post: https://www.linkedin.com/posts/msins_startups-patent-financialassistance-activity-6763052101284241408-SyCe

How to Apply

Applications are open now on first come first serve basis. Please visit our website to check for eligibility and apply.

For any queries please email to team@msins.in or call on 02235543099

Register for Webinar

Webinar for Startups on Filing Patents, Quality Testing & Certification | Thursday 17^th February

Maharashtra State Innovation Society (www.msins.in) and LexOrbis (www.lexorbis.com) is organising a webinar on the process of patent filing.

Topic: Webinar for Startups on Filing Patents, Quality Testing & Certification

Date: 17th February, 2021

Time: 4 PM to 5 PM

Get to know more and get your questions answered on the recently launched Intellectual Property Rights Support Scheme and Quality Testing and Certification Support Scheme.

 

Register at: https://forms.gle/YWavCaMk8daAtsXdA