Startup fundraising · Government Funding Streams
SIPP Scheme: 80% Patent Fee Rebate + Fast Track
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Facts
What You Get: 80% reduction in patent filing fees, saves ₹6,000-₹20,000+ per patent; Expedited examination, priority processing vs standard 18-24 month wait; Empanelled facilitators file and prosecute on your behalf at no cost (facilitator paid by government); Available for patents, trademarks, designs, geographical indications.
Provisions and law
- DPIIT · Intellectual Property India
Analysis
Eligibility + Process: DPIIT Recognition mandatory; IP must be in the startup's name (not in founder's personal name); Select facilitator from DPIIT's empanelled list → share innovation brief → facilitator files on your behalf; Apply at startupindia.gov.in/sipp. Why This Matters For Fundraising: Patent application filing boosts valuation in early rounds, investors value IP moat; Filed patent (not granted) is still defensible and valuable in due diligence; Reduces IP costs by ₹1-5L per product/technology, reinvest in growth.
Conclusion
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