New Delhi, Sep 20 (KNN) The Cell for IPR Promotion and Management (CIPAM), a professional body set up under the Department of Industrial Policy and Promotion (DIPP), has invited the start-ups to avail benefits under the SIPP scheme to obtain patents.

As many as 34 start-ups have so far availed the benefits under a government scheme to obtain patents with 80 percent fee rebate, CIPAM said in a tweet.

“What are you waiting for?," CIPAM's tweet added.

The Start-ups Intellectual Property Protection (SIPP) scheme aims to protect and promote Intellectual Property Rights of start-ups and thus encourage innovation and creativity amongst them.

To encourage young entrepreneurs and innovation, the government in its start-up action plan announced to provide 80 percent rebate in filing of patents vis-a-vis other companies.

The scheme is inclined to nurture and mentor innovative and emerging technologies among start-ups and assist them in protecting and commercialize it by providing them access to high quality IP-services and resources. (KNN Bureau)