Wondering if your research faculty or independent inventor qualifies for the new 75% discount in patent fees? We put together a micro-entity validator utility that asks a number of questions to determine whether micro-entity status is a possibility. As you might expect, this drastic reduction in fees isn’t available to everyone. The most common beneficiaries will be:
- University faculty researchers; and
- Independent inventors that made less than $150,162 in 2012 and are named on less than 5 patent applications.
There are a number of traps to watch out for. Even if you think you might have micro-entity status, run it by a competent patent practitioner to be sure.
Technorati Tags: patent fees,micro-entity,Validator,Tool,Online,inventor