Tag: Startup Committee

PHDCCI organizes video conference on IPR to celebrate World IP Day

PHDCCI organizes video conference on IPR to celebrate World IP Day

PHD Chamber of Commerce and Industry (PHDCCI) organized a video conference on IP & SMEs: Taking your Ideas to Market – How to Protect & Commercialize your Ideas to celebrate the World IP Day.

In his welcome address, Mr. Param Kalra, Regional Chairman, Startup Committee, PHD Chamber of Commerce & Industry and Co-Founder, Starthub Nation informed that PHDCCI has set up an IP Facilitation Centre at Amritsar under the aegis of Ministry of Micro, Small & Medium Enterprises (M/o MSME), Government of India to render IP services to MSMEs and Startups in the region. IPFC Amritsar & Chandigarh are providing all IP related services like Trademarks, Patents, Copyrights, Designs and Geographical Indication, etc. PHDCCI is also organizing series of events to publicize and apprise stakeholders of the services of IPFC for Startups and Industry members.

Speaking on the topic of ‘Startup Ecosystem Development in the State of Punjab’, Mr. Deepindar Dhillon, Joint Director, Startup Punjab and, Department of Information Technology & Sector Officer IT, Electronics, Invest Punjab, Government of Punjab stated that a congenial eco system is required for success of innovations. He shared that Punjab has already launched mission Innovate Punjab to promote innovation culture in the State. He informed that Patent Information Centre has been set up at the Department of Science and Technology to facilitate Patent research, filling of Patents, Trade Marks etc. The World Intellectual Property Organization has established Technology and Innovation Support Centre (TISC) at Science and Technology Department to provide facilities like training, experience sharing platform, support for technology transfer for helping the startups and MSMEs to exploit their innovative potential and manage their intellectual property rights.

Speaking on the occasion, Mr. Kundan Lal, Assistant Director, Govt. of India Ministry of MSME, MSME Development Institute, Ludhiana stated that subsidies are provided for IPR under various schemes being run by the Government of India. He shared that the MSME Development Institute, Ludhiana has conducted online awareness programs for all districts in Punjab to educate MSMEs and Startups regarding IPR.

Mr. Kundan Lal said two IP Facilitation Centres have been awarded for Punjab – one at Amritsar and one at Ludhiana. PHDCCI has already set up IPFC at Amritsar. The other IPFC will become operational shortly at Ludhiana.

Giving detail of grants and subsidies offered by GOI, he shared that a grant of one crore rupees is provided for setting up for IPFC. A subsidy of Rs. 1.00 lac is provided for national patent and Rs. 5.00 lacs for international Patent. Similarly, for geographical indication grant of upto Rs. 2.00 lac is provided. For Trade Marks, the subsidy is Rs. 10,000/-. Financial support of Rs. 70,000/- is provided for conducting offline IPR promotion program and Rs. 3.00 lacs for organizing regional level Conference/Conclave.

Dr. Shweta Sen, Head IPR, Integrum IP, Mohali made a detailed Presentation on IP Management Strategies for Entrepreneurs. She stated that Patents are innovations which are novel and not in public domain. She said IP Strategy should be linked with business objectives. She added that an offensive IP strategy focuses on acquiring and protecting IP that gives your organisation an advantage over its competitors. On the other hand, a defensive IP strategy is used to avoid risk of competitor patenting the innovation. She advised that innovators should assess the vulnerability of their innovations and first verify their availability and anticipate risks to appropriately manage their innovations.

Making a Presentation on ‘Tech transfer and Commercialization aspects for SMEs’, Ms. Deepika Divekar Panicker, Co-Founder, Lawgicon, Pune said that if IPR is registered, it can be used for financial gains. She explained that there are various ways to commercially exploit the IPR. It can be done in form of outsourcing R&D, upfront sale i.e. IP assignment, licensing IP etc. Other ways of commercial use of IPR are technology transfer, joint ventures and merger and acquisitions.

She said right documentation is very important in IPR and any agreement regarding IPR should be properly understood before signing. The Rights and obligations should be clearly mentioned and there should be no grey areas. She said that keeping in view the importance of legal documents; it is desirable to consult a lawyer about the various clauses of the agreement.

Explaining the procedure for registering Patents, Trademarks, Copy rights, Industrial designs etc., Ms.Geeta Gulati, Advocate, Trade Marks & Patent Attorney, Panchkula stated that IPs attracts investors and helps the organizations to grow.

She shared that an idea can be protected by Patent. It is valid for 20 years and cannot be renewed. It is territorial and applicable only in the country where it is registered.

Ms. Gulati informed that Trademarks refer to name, colour and logo and are valid for 10 years but can be renewed any number of times.

She said Copy rights are valid for lifetime and applicable in all countries. She added that Industrial designs constitute the outer shape of the product that can be manufactured.

She said that under valued or over valued IPs are not good for commercialization.

Thanking the speakers and participants, Mr. J K Sharma, Co-Chairman, Punjab Education Committee and Chief Operating Officer (COO), Technology Business Incubation Foundation (TBIF), Indian Institute of Technology (IIT) Ropar said that very valuable insights were shared during the Session and hoped the participants will benefit from the same.

Chandigarh Startup Policy to be launched soon – Secretary, Chandigarh Administration

Chandigarh Startup Policy to be launched soon – Secretary, Chandigarh Administration

Chandigarh will get its own Startup Policy with special focus on women entrepreneurship soon, informed Mr Yashpal Garg, IAS, Secretary, Chandigarh Administration. He was addressing a video conference on Startups organized by PHD Chamber of Commerce & Industry in collaboration with Chandigarh Administration and startup Punjab.

He further shared that Incubation Center at Chandigarh for IT sector is operating since 2001. The new policy will focus on accommodating non IT Startups and expand the scope of incentivizing to private and institutional incubators, co-working spaces and startups.

Ms Aastha Grover, Head, Startup Hub, Invest India conducted a workshop on startup schemes, registration process, recognition schemes, seed funds and special agreements with ministries and corporates to promote products and services of Startups.

During her workshop she informed the participants regarding various modes created by the Government of India to provide market access to startups including access to 30 States / UTs through their policies, International tie ups with 11 countries to open access to their investors and market, tie ups with corporates to promote the products and services by startups, pro bono service with listed companies and government engagement for social startups. She added that exclusive patent application route created for DPIIT registered startups increased the patent registration three times in past 4 years.

She informed the participants about the funding schemes and the application process under various government schemes launched by different departments.

Mr Madhu Sudan Vij, Chair, Chandigarh Chapter informed the participants regarding services provided to startups through PHD – MSME Mentoring & Guidance Center and further encouraged them to take the membership.

While moderating the session Mr Param Kalra, Regional Chair, Startup Committee addressed and tried to get the solutions for the pain points of the startups including the cost of incorporation of a company, higher cost of power and internet supply, need to enhance the exposure and reach for the tier 2 and tier 3 cities based startups, availing the government schemes, access to the funds to incubators and startups.

The Session was attended by over 75 entrepreneurs from the region.

Virtual Incubations, the next level for Start-up Incubation

We have to support incubation centers to develop virtual models to cater to the future needs, deliberated Mr. Manglesh R. Yadav, Innovation Lead, Atal Innovation Mission, NITI Aayog in a webinar organized by PHD Chamber of Commerce and Industry on ‘Virtual Incubation’.

Mr. Manglesh R. Yadav while talking about the mission and objective of Atal Innovation Mission and Incubation centers mentioned that our incubation center’s growth is accelerating and we need to support them with the right human resources in the ecosystem to cater to the future needs. We are planning to establish more centers in the smaller towns and tribal areas of the country. Mr. Yadav emphasized that virtual incubations offer a lot of learning opportunities at the global level. We need to build hybrid models for building this eco-system.

Mr. Chintan Bakshi, Chief Executive Officer, Startup Oasis while discussing the impact of the pandemic on the start-up incubation industry mentioned that the pandemic has opened a plethora of opportunities for which we need to change our process of conducting training programs and experience of the incubation centers. Due to the pandemic, there is an increase in virtual mentoring and, international mentors have to ease in mentoring start-ups. There is an increase in the efficiency of backhand processes and we are focusing on making sessions more informative and interactive.

Prof. Harvinder Popli, Director, DPSRU Innovation, and Incubation Foundation shared her insights and views on virtual incubation and its importance. She also gave an overview of the market about the incubation set up and the cross benefits of Virtual Incubation programs that will help the start-ups to get better mentoring, increase their connections and amplify their business via efficient tools and services. She mentioned that there is a need for global entrepreneurs to understand the Indian market and vice versa. Virtual Incubation gives flexibility to mentor more start-ups. We need to identify areas of physical and virtual incubation for different verticals so that the programs can run smoothly.

Dr. P. J. Singh, CMD, Tynor Orthotics Pvt. Ltd mentioned that virtual incubation will be the new normal but physical incubation will always help cater to every small need for the start-ups. In future times, there needs to be a balance between physical and virtual incubation for the better mentoring and growth of the industry.

Mr. Erik Azulay, Director, Alliance for Commercialisation and Innovation Research (ACIR) gave his perspective on the best practices of virtual incubation programs. It can reach everyone with ease in less time involving less cost.

Mr. Ashish Aggarwal, Chairman, Startup Committee, PHD Chamber of Commerce and Industry while moderating the technical session, mentioned that the objective of the webinar is to understand how virtual incubation will be beneficial to all stakeholders of the industry so that it can benefit the industry in the post-pandemic times. He emphasized that Virtual Incubation needs to be in the smaller towns of the country so that they can be benefits from them as well.