US Patent Office reduces costs for small organisations

Author: EIS Release Date: Jan 9, 2023


To reduce the cost for small organisations of filing for patents in the US, President Biden passed a law last week which  fincreased the small entity discounts from 50% to 60% and micro entity discounts from 75% to 80%.
 
The US Patent Office  (USPTO) fee schedule has been updated to reflect these changes.
 
“Access to the innovation ecosystem by all is critical to inclusive innovation and growing our economy by $1 trillion by quadrupling the number of U.S. inventors,” says USPTO Director Kathi Vidal. “This bill complements our work to support small inventors, start-ups and those traditionally underrepresented in the innovation ecosystem. With the lower fees, additional outreach and support, and the expanded ability to obtain pro bono counsel, we are positioned to make meaningful progress in 2023 by measurably lowering the barriers for those entering the innovation ecosystem,” remarked Vidal.
 
For more information on obtaining pro bono counsel, see the pro bono page on the USPTO website.
 
The Unleashing American Innovators Act of 2022 can be viewed starting on pg. 1060 of the Consolidated Appropriations Act, 2023 at congress.gov.