Secrets and precautions for your idea is important
Innovastart recommends you protect assets and ideas today. Read more here at innovastart and PRV!
Never speak or write openly about your idea if intending to apply for patents and secure trademarks
Never speak or write openly about your idea if intending to apply for patents and secure trademarks. If you make it possible for others to discover your ideas and other plans, you´re probably no longer qualified for a patent.
Tip! Always prepare a Non-Disclosure Agreement – (NDA) to be signed
Companies funding new businesses have a built-in honour codex that includes NDA, etc. So when discussing business secrets with people around you, always prepare a Non-Disclosure Agreement – (NDA) to be signed. You can log in to your Member Workplace to see an example of an NDA template.
Patent and Registration Office (PRV) has a simple registration process that quickly takes you through the first steps. You get protection that extends over the first months. Read more at PRV website.
No fee is required during first period to allow you time to decide whether you want to proceed with your application or not. It costs 1800 SEK to apply for a Swedish patent, and your application is processed after you pay the fee. Note that this applies to Sweden, and that registration process varies in other countries.
If you want to apply for a patent in Western Countries, you should look for the PCT (Patent Cooperation Treaty) which is a kind of initial assessment of your invention.
Note that after applying for PCT you still need to request for the patent in each country for which you want to have a patent. If you want to find out more about the PCT follow the button below. It costs approximately 1000 EUR to apply for PCT.
If you have a service or a product, you should protect your brand before you expose your idea. The brand will officially hold out as the profile of your company. Follow the link to PRV to read more.
If you register your trademark at the Patent and Trademark Office, you will get exclusive rights to the brand for 10 years, which can be extended at the end of the period. It is important that you protect your brand, brand name, or the name of your company on time. This will also increase your chances to find investors and partners for your business. A registered trademark means that no one else can use it without your consent. It costs 1800 SEK to apply for trademark protection