Question: I want to know about Subsidy for Asset Creation for Intellectual Property: Patent Registration. What does it offer?

Answer: .Copy of Loan Sanction Letter, if Availed, for Obtaining the Registration Purpose from Bank/Financial Institutions.Copy of
Invoices and Receipts for the Payment Made.Advance Stamped Receipt.*The file type should be PDF (.pdf). The file size should be less
than 200 kb.Frequently Asked QuestionsHow does the scheme contribute to the differentiation of MSMEs, particularly concerning
innovation and intellectual property creation on a global scale?By offering substantial subsidies for Patent Registration, the scheme
actively encourages MSMEs to innovate, creating a distinctive identity for themselves in both Indian and international markets.In the
context of eligibility, does the scheme consider the size and type of manufacturing enterprises, and are there any specific exclusions?The
scheme is inclusive, covering all new and existing micro, small, and medium manufacturing enterprises in Tamil Nadu, without
imposing exclusions based on size or type.Is there a dedicated portal or link for initiating the application process, and what are the key
features of this online platform?The application process can be initiated through the official portal. The platform streamlines the

**How to apply:** for the convenience of MSMEs.Are there specific guidelines regarding the utilization of the subsidy amount, and can
it be used for purposes other than filing for Patent Registration?The subsidy is designated for covering the cost of filing for Patent
Registration and the first-time maintenance fee, ensuring its focused application to intellectual property creation.What role does the
competitive authority play in the context of Patent Registration, as mentioned in the scheme details?The competitive authority, as per the
Indian Patent Act 1970, issues and registers patents. Applicants must provide a copy of the patent registered by this authority.Are there
any specific conditions or considerations related to the expenses incurred for obtaining Geographical Registration?Applicants must
provide a self-certified statement on expenditure along with bills/vouchers/receipts for Geographical Registration. In the absence of
receipts, bank scrolls showing payment details are acceptable. Is there a provision for Know Your Eligibility, and if so, where can an
applicant find the necessary information?Yes, applicants can assess their eligibility through the "Know Your Eligibility" link:
https://www.msmeonline.tn.gov.in/incentives/know_your_eligibility.phpHow can an applicant track the status of their application, and is
there a specific link for this purpose?Applicants can track the status of their application through the link:
https://www.msmeonline.tn.gov.in/incentives/app_track.php?id=Track%20Your%20StatusCould you clarify the documentation required
for availing the benefits, particularly the specifications for the file type, size, and content?The necessary documents include UDYAM
Registration Certificate, Trade Mark and Patent registrations, a self-certified statement on expenditure, and related invoices. All
documents should be in PDF format, with a size limit of 200 kb.What is the application timeline for availing benefits under this scheme,
particularly concerning Patent/Trade Mark Registration or Geographical Indications (GI)?Applicants must submit their applications
within 6 months from the date of obtaining Patent/Trade Mark Registration/Geographical Indications (GI) to be eligible for the
scheme.Who is eligible to apply for the scheme, and are there any specific geographical constraints for manufacturing enterprises?All
new and existing micro, small, and medium manufacturing enterprises located anywhere in Tamil Nadu are eligible to apply for the
scheme, emphasizing inclusivity across the state.Could you elaborate on the reimbursement process for the scheme, especially regarding
the maximum limit and documentation required?MSMEs can avail benefits up to â‚¹1,00,000 without submitting any documents. The
scheme offers a 75% subsidy, capped at â‚¹3,00,000, for the cost of filing a patent, including the first-time maintenance fee.Sources And
ReferencesGuidelinesCompendium Of Schemes For MSMEsMSME PolicyContact UsGrievance RedressalApplication & Documents
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have already initiated your application earlier.To know more please visit CancelApply NowTamil NaduSubsidy for
Asset Creation for Intellectual Property: Patent RegistrationEnterpriseIPRMSMEPropertySubsidyDetailsBenefitsEligibilityApplication
ProcessDocuments RequiredFrequently Asked QuestionsThe scheme "Subsidy for Asset Creation for Intellectual Property: Patent
Registration" by the Micro Small and Medium Enterprises Department, Government of Tamil Nadu, is introduced to incentivize MSMEs
to innovate and create intellectual property in India and Abroad as a differentiator. No documents are required to avail of the benefits for
reimbursement upto â‚¹1,00,000.OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered
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24303714Last Updated On : 28/03/2024 | v-2.1.1