The Scheme for Facilitating Startups Intellectual Property Protection (SIPP) has been amended, and its operation has been extended for a further period of three years, effective from April 1, 2023 (i.e., till March 31, 2026).
The scheme was introduced in 2016 to help startups protect their IP rights. It allows facilitators (IP Attorneys) to assist startups in filing patent, design and trademark applications. Further, it lays down the eligibility criteria for the startups to apply and the facilitators to be empanelled under the scheme.
The Central Government bears the fee payable to the facilitators through the Office of the Controller General of Patents, Designs and Trademarks.
However, only those startups which the Department for the Promotion of Industry and Internal Trade (DPIIT) recognises as per the notification dated February 19, 2019, issued by the Ministry of Commerce and Industry, can avail of the scheme.