Patent Cape Town developments at UCT are still going strong. The proceeds from the patent Cape Town registrations stemming from the UCT research community are ploughed back into further research and developments.
Why is this important for the patent Cape Town innovation community?
By re-investing in the development of inventions rather than letting the proceeds be used to purchase from foreign companies, the country’s budding entrepreneurs and innovators receive the financial aid required for new developments. It is especially the bio-technology industry that receives a boost.
Financial support institutions for new inventions
The government provides several funding and innovation programmes to support research and development of new ideas such as the Innovation Fund and THRIP, which stands for Technology Human Resources for Industry Programme.
Other valuable resources available to budding innovators
One of the most important resources available for the development of new inventions is the information contained in the patenting records. The information provides insight into already existing inventions, trends which can be observed, and ideas that will broaden the mindset.
Apart from the database of registrations, new inventors should also come in contact with intellectual property lawyers to help them search through the databases, draw up specifications, and to ensure the successful registration of their inventions.
How can you assure that you get exclusive rights to your invention?
If you are part of the patent Cape Town community, simply contact our team to help you through the application process.
From searching through the databases at CIPRO to the establishment of novelty, drawing up specifications, and handling the registration process on your behalf, our expertise in the field will be to your advantage.