What is the Elevate IP program? If you are the owner of a small or medium-sized Canadian business and need assistance with Intellectual Property strategy development and implementation, you may be eligible for financial support in the form of non-dilutive funding from the Government of Canada. Through the ElevateIP program, developed in accordance with the…
The Patent Cooperation Treaty (PCT) application is a globally recognized patent filing system that enables applicants to seek protection for their inventions in numerous countries. It enables the applicants to file a single patent application and have it assessed by several patent offices worldwide. Despite the manifold advantages of filing a PCT application, it is…
Conducting a prior art search is an imperative measure that must be performed prior to initiating the filing of a patent application. The fundamental objective is to discern any preexisting information or technology that may impact the patentability of the invention. It is crucial to note that a vast majority of products or innovations lack…
Since 2020, Riahi Patents has been closely following the evolution of the use of artificial intelligence (AI) in the intellectual property field. One area that we saw potential in was AI for patent searching. To learn more, we decided to run tests that could help us understand how AI-powered search tools compare to the industry…
A well-formed IP strategy provides a structured intellectual property harvesting and monetization plan that is aligned with your business goals and recommends the right IP asset (patents, trademarks, copyright, trade secrets, or industrial designs) based on the nature of your business. Steps in IP management strategy: IP Audit – Identifying intangible assets and intellectual property of the…
What is CanExport SME? The CanExport SMEs Program provides direct financial assistance up to $50,000 to Small and Medium-sized Enterprises (SMEs) registered in Canada seeking new export opportunities, particularly in high-growth emerging markets and sectors. The CanExport SMEs can support you in preparing for and establishing a presence of your business in international markets by funding various…
What is an IP Assist Program? If you are the owner of a small or medium-sized Canadian business and need assistance with intellectual property issues, you may be eligible for financial support from the Government of Canada. The National Research Council (NRC) has introduced the IP Assist program through their Innovation Research Assistance Program (IRAP)…
If you are thinking about launching a new product or service in an existing market or entering a new market, undertaking rigorous due-diligence in order to reduce business risks is imperative. This will ensure protection of your company’s IP rights and at the same time prevent third-party rights’ infringement. You should perform due diligence including: …
IP culture must be a part and parcel of any innovative company’s vision and mission, but, a big question for startups and small and medium-sized enterprises (SMEs) is how to establish an IP culture within their organization. Startups and SMEs can create an IP culture by forming an IP policy for the organization. The policy will…
Often, entrepreneurs and business owners may think which is the best IP Asset for their intellectual asset (product/service) – should they file a Trademark or a patent or they should keep their invention as a Trade secret. In fact, there can be multiple IP assets that could be used for developing an IP portfolio around …