Thursday, 20 October 2011

INDECOPI shows the way to support an invention

Peru celebrates the tenth edition of its "National Invention Contest". There are 119 projects involved in this competition which is promoted by INDECOPI (supported by United States Agency for International Development (USAID)), in quest of stimulation in a culture of innovation.

The range of creators come from different backgrounds and working in different fields (agriculture, health, telecommunications, etc) and it is open to men and women, from any age (including children and the elderly). The seeded must submit their prototypes between the 7th to 11th November and the exhibition of prototypes will be held on November 24 and December 7 this year - in the latter date the awards ceremony will take place.

Show me the award!!
The winner of the category of legal persons will receive financing of filing a patent application in Peru and abroad, through the Patent Cooperation Treaty(PCT), which involves more than 140 countries. In this way, it will not only promote the internationalization of the invention but it will give worldwide protection.

The winner of the category of individuals (natural person) will present his creation in the International Exhibition of Inventions of Geneva, Switzerland, to be held in April next year, and so, making it easier for inventors to reach foreign markets.

My invention didn’t win!
INDECOPI got it cover! Every finalist will receive free advice from the project ‘RAMP Peru’ to develop a business plan to commercialize their inventions.

I have to say to INDECOPI “Oh, that's the way, uh-huh uh-huh, I like it, uh-huh, uh-huh”.(lyrics of the song written by H.W. (KC) Casey and Richard Finch).

2 comments:

Ken said...

As to whether receiving financing for filing via PCT "will give worldwide protection," that's only if the patents are granted!! It may be granted in some countries and not in others, or perhaps the winning invention is of dubious quality regarding novelty or inventiveness.... In other words I think the word "potentially" is missing here.

Patricia Covarrubia said...

Yes, you are 'actually' correct :)