USPTO Proposes Pilot Program To Defer Fees For Micro Entities

FL
Foley & Lardner
Contributor
Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
As part of its ongoing efforts to make the U.S. patent system more accessible to "under-resourced" applicants, the USPTO has proposed a "Track III" pilot program that would let micro entities...
United States Intellectual Property
To print this article, all you need is to be registered or login on Mondaq.com.

As part of its ongoing efforts to make the U.S. patent system more accessible to "under-resourced" applicants, the USPTO has proposed a "Track III" pilot program that would let micro entities delay payment of USPTO search and examination fees for up to 30 months from the priority date. (Only the basic filing fee would have to be paid up front.) The program is intended to be a "low-cost option with minimal requirements to allow ... additional time for commercialization efforts and to ascertain the value of [the] inventions."

The USPTO also is considering a so-called "plus" option that would provide a pre-examination search report based on the results of an artificial intelligence (AI) search tool. To participate in the Track III Plus program, both the basic filing fee and the search fee would have to be paid, but the examination fee could be deferred.

The May 26, 2023 Federal Register Notice provides more information, including on how to submit comments by July 25, 2023.

"We seek feedback on how this program can best support inventors to reduce their upfront costs, and give them the time to explore funding and commercialization before expending fees on patenting. In combination with our new First-Time Filer Expedited Examination Pilot Program, this will give inventors the options to meet their needs."

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

USPTO Proposes Pilot Program To Defer Fees For Micro Entities

United States Intellectual Property
Contributor
Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More