CM Uddhav Thackeray announces scheme for Startups to help to file IT patents

CM Uddhav Thackeray announces scheme for Startups to help to file IT patents
Maharashtra's Chief Minister UDDHAV THACKERAY (Source - TWITTER)
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Key Points:

  • Maharashtra’s Chief Minister Uddhav Thackeray, on Tuesday, announced a Financial Support for the state’s startups.
  • The tweet on the Official Twitter account of CMO Maharashtra said that around 125-150 startups will be supported in the first phase of the scheme with the financial help of Rs 2 lakh to Rs 10 lakh, along with financial assistance up to Rs 2 lakh for quality testing and certification for the startup’s ideas.
  • Thackeray, in a statement, and in the official tweet mentioned. “There are highly intelligent youths in urban and rural areas of Maharashtra and the Skills Development Department should take up the task of crafting these diamonds.”

Maharashtra’s Chief Minister Uddhav Thackeray, on Tuesday, announced a Financial Support for the state’s startups. This decision was taken in order to boost the startup ecosystem in Maharashtra. The launched scheme aimed at providing financial assistance to innovative startups to file for IT patents.

The tweet on the Official Twitter account of CMO Maharashtra said that around 125-150 startups will be supported in the first phase of the scheme with the financial help of Rs 2 lakh to Rs 10 lakh, along with financial assistance up to Rs 2 lakh for quality testing and certification for the startup’s ideas.

Thackeray, in a statement, and in the official tweet mentioned. “There are highly intelligent youths in urban and rural areas of Maharashtra and the Skills Development Department should take up the task of crafting these diamonds.”

The Skills Development Minister Nawab Malik was quoted saying, “Our goal is to make the state number one in various skill development schemes and startups. A number of schemes have been undertaken for this purpose and new schemes will be added in the future as well. It has been proposed to set up an international standard Center for Skill Development in Mumbai and courses in ITIs are being updated in a timely manner” and pointed out that the state was ranked second in the India Innovation Index released by the NITI AYOG recently.

The Maharashtra government is launching a lot of initiatives to promote entrepreneurship. Last week Mumbai’s SNDT Women’s university was declared as a Special incubation centre for Women entrepreneurs. Under the financial assistance scheme for Startups the government will compensate up to 80% amount of patent registration and product testing & certification cost. Under this scheme reimbursement of up to rupees 10 lakh will be given for filing international intellectual property rights applications.