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GujaratBusiness & Entrepreneurship

Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Patent Registration

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About This Scheme

The "Aatmanirbhar Gujarat Scheme for MSMEs" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2027, this initiative supports growth, investments, and the vision of "Aatmanirbhar Gujarat" and "Aatmanirbhar Bharat." The component "Assistance for Patent Registration", provides financial support for individuals and legal entities to obtain patent registration for their developed products or processes. It covers a portion of the costs incurred for patent application, attorney fees, and associated expenses during the scheme's operative period.

Eligibility

1. Micro/Small/Medium enterprises or Individuals are eligible for assistance under the scheme. 1. The enterprise must have obtained acknowledgment or registration from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), as applicable. 1. The applicant shall have to submit application within one year from the date of publication/notification of the patent.

Benefits

> Financial Support for Patent Registration: - 75% of the cost incurred for patent applications. - Maximum assistance of ₹25,00,000/- per applicant/enterprise. > Eligible Expenditures: - Fees for patent attorney, patent service center, and patent registration. - Expenses related to patent equipment development (excluding travel and hotel costs). > Cap on Attorney Fees: - Domestic patent attorney fees are capped at ₹50,000/-. - International patent attorney fees are capped at ₹2,00,000/- per country. > Disbursement of Assistance: - 50% of assistance disbursed after the publication/notification of the patent. - The remaining 50% will be disbursed after the issuance of the patent certificate.

How to Apply

Online
See official source for details

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.

AGMSMEASP — Sarkari Updates