USPTO Proposes Rules for New Micro Entity Status
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USPTO Proposes Rules for New Micro Entity Status

In a previous post discussing the effects of the America Invents Act on the sole inventor and small company, I mentioned its provision to recognize a new micro entity applicant status. As described by Under Secretary of Commerce for Intellectual Property and Director of the USPTO David Kappos, “The new micro entity provision in the America Invents Acts makes our patent system more accessible for smaller innovators by entitling them to a 75% discount on patent fees. By paying discounted patent fees as micro entities, smaller innovators can access the patent system to move their ideas into the marketplace and accelerate U.S. economic growth.”

On May 30, 2012, the USPTO released their proposed guidelines governing micro entity status in the Federal Register. Interested parties now have a 60-day period to provide their comments to these rules. Comments regarding the proposed changes can be sent by e-mail to micro_entity@uspto.gov; by regular mail to: Mail Stop Comments — Patents, Commissioner for Patents, P.O. Box 1450, Alexandria, VA 22313–1450, marked to the attention of James Engel, Senior Legal Advisor, Office of Patent Legal Administration, Office of the Deputy Commissioner for Patent Examination Policy; or via the Federal eRulemaking Portal.

Did you know inovia has many resources to educate and assist the small volume applicant? We broadcast a monthly webinar entitled “International Patenting Strategies 101” which provides an overview on foreign filing and gives tips on how to maximize your global protection while reducing costs.

I also head up the inovia Small Business Solutions Team dedicated to the needs of the single inventor or small corporation. If you have questions about the patent process or want to find out ways to reduce your PCT filing and European validation costs, feel free to contact me at jeffrey.shieh@inovia.com or call me directly at 646-237-3863.

 

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