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SME
Funding Now Available
SPRING
Singapore & IPOS:
IPM Programme & SCOPE IP™
How
does my business benefit? Does my business qualify?
For more information on how your business can benefit from these
schemes and the qualifying criteria, please contact Ms
Laurel Loi, Head, Intellectual Property Practice,
TIC LLP. EMAIL: laurel@law-isaac.com,
TEL: 6533-0288
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OVERVIEW OF PROGRAMMES
Funding
is now available to Small to Medium-sized Enterprises for “IPM
Programme” (Intellectual Property Management Programme)
and “SCOPE IP™” (Strategies
for Creation, Ownership, Protection & Exploitation of IP).
In light of the global economic uncertainty, many SMEs are faced
with the dilemma of protecting and exploiting their Intellectual
Property Rights and balancing their financial budget allocated
for such activities which have a direct impact on their annual
sales, revenue and business plans for Year 2009 and beyond.
As part of our Firm’s client care and IP news alert, we
wish to remind you of the availability of funding for IPM programmes
for SMEs which are jointly managed by SPRING Singapore and the
Intellectual Property Office of Singapore (“IPOS”):
(1) IPM Programme (Intellectual Property Management Programme)
and
(2) SCOPE IP™ (Strategies for Creation, Ownership, Protection
& Exploitation of IP)
IPM Programme is
a capability development programme designed for local SMEs that
want to improve their competitiveness by capitalising on IP Management
as a strategic tool.
This programme will help SMEs to manage the life cycle of their
IPs, including its creation, ownership, protection and commercial
exploitation. IP management capability development projects include
(but are not limited to): IP Audit; IP Consulting; IP Education
and Training; IP Intelligence and Research; IP Strategy; IP Valuation;
IP Licensing and IP Portfolio Management.
SCOPE IP™ is
an assessment framework that is under the IPM programme. It is
a diagnostic tool that helps businesses assess the strengths and
weaknesses of their IP deployment and management system.
The above programmes can help you examine your company’s
IP management processes, improve or align them with new business
strategies based on recommendations provided by the panel of consultants
to help you harness the benefit from your IPs to improve your
competitiveness in Singapore and also in the International business
arena.
The SCOPE IP™ panel of consultants is categorized as List
A (Business) and List B (Intellectual Property) based on their
area of specialization.
Our Ms Laurel Loi
has been accepted as a legal consultant from List B (Intellectual
Property) and she will assist you in selecting a consultant from
List A (Business). Together, the two SCOPE IP consultants will
help you review your business using the SCOPE IP methodology and
generate a report identifying areas for improvement with strategic
growth options for each of them, based on current and future needs
of the company.
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THE FUNDING
Funding can be readily available for all local SMEs who have a
genuine interest in protecting, improving, exploiting and capitalizing
their IPs, provided the following pre-requisites are met:
These programmes are open to companies that:
1. are registered or incorporated in Singapore;
2. have at least 30% local shareholding;
3. have fixed assets at net book value of S$15million or less;
and
4. have 200 or less employees (for companies in the services sector),
and the award of the grant shall be assessed on a case by case
basis.
Stage I: Diagnose
Up to 50% of the consultancy costs
for SCOPE IP
The appointed SCOPE IP consultants will assist you in undergoing
an assessment programme to identify your IP deployment and management
system before generating a report detailing the companies’
strengths and weaknesses, with relevant recommendations for improvement
in any of these areas:
1. Leadership
2. Strategic Management Plan
3. Audit and Analysis
4. Intellectual Capital Management
5. Innovation Process Management
6. IP Portfolio Management
7. External Relationship Satisfaction
8. IP Management Results
Stage
II: Capability Development
Up to 50% of qualifying costs including
but not limited to, manpower, equipment and materials, consultancy
and acquisition of Intellectual Property Rights
After undergoing Stage (I), the company can review the recommended
changes and seek further expert assistance to build on their own
capabilities to realize its full potential by developing and incorporating
a set of “best practice” protocols on IP Management
to sharpen its competitive edge and facilitate future business
negotiations including obtaining financing for new ventures. |
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New
Lawyers
For
2009, the Firm welcomes S.Kerushnan, Ho Seng Giap and Wayne Ong
to the legal team. TIC now has 15 lawyers to serve our clients.
[View S Kerushnan's profile]
[View Ho Seng Giap's profile]
[View Wayne Ong's profile]
New
Offices
TIC
is growing, so in order to better serve our clients and better
accommodate our staff, our
Intellectual Property, Insurance and Property Law Departments
have moved to adjacent premises. The Litigation Department remains
in the original office. If you are
visiting our offices, please proceed directly to the relevant
office for your convenience.
Our
main office, postal address, telephone and facsimile numbers remain
unchanged:
Tito
Isaac & Co LLP
20A Circular Road
Singapore 049376
Tel: (65) 65330288
Fax: (65) 65338802 (Litigation)
[This fax is not for service of Court documents)
The
new branch offices are located just a few steps away at:
23A
Circular Road
Singapore 049379
and
24A & 24B Circular Road
Singapore 049380
Fax: (65) 65338820 (IP & Insurance)
Fax: (65) 62238802 (Property)

The
Supreme Court
The
Subordinate Courts
The
Attorney-General's Chambers
The
Ministry of Law
Singapore
International Arbitration Centre
Singapore
Mediation Centre
Accounting
and Corporate Regulatory Authority
The
Law Society
Singapore
Academy of Law
Asean
Law Association
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