U.S.P.T.O. Publishes NPRM for Implementation of Micro Entity Status

As the U.S. Patent Office begins to roll out the implementation of the new provisions under the Leahy-Smith America Invents Act (AIA), one of the many changes that it brings is the creation of a micro entity status.

Currently, there are two categories for paying U.S. Patent fees; large entity and small entity.  Many small businesses, non-profit organizations, and independent inventors will fall under the small entity designation and thereby are entitled to a 50% discount on patent fees.  The creation of the micro entity will allow qualified inventors a 75% discount on fees.

Director of the U.S. Patent Office, David Kappos, commented that:

“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.”  He goes on to say that, “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.”

The U.S. Patent Office just published their Notice of Proposed Rule Making (NPRM) to implement the micro entity provision.

To read the Notice, visit here.

Comments are being accepted until July 30, 2012 and can be submitted to micro_entity@uspto.govFor more information on leaving comments, visit here.

 

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