Patent Application Grant (PAG)

Target Industry:

All applications for functional patents and inventions with technology element and susceptible of industrial application

Purpose:

To encourage local companies and inventors to capitalise their intellectual work through patent registration

Eligibility:

1) All locally incorporated companies, Hong Kong permanent residents or Hong Kong residents permitted to remain in Hong Kong for not less than 7 years which/who have never owned any patents in any countries or territories before will be eligible.

2) For individual applicant, the applicant must be the sole inventor or one of the joint inventors of the invention.

3) For applicant company, the inventor(s) of the invention shall be a directly related party/parties to the applicant company, e.g. owner, shareholder, director or staff.

Support/Funding Details:

a) For an approved application, a grant of not more than HK$250,000 or 90% of the sum of the total direct cost of the patent application (including the cost for patent search-cum-technical assessment) and the administration fee charged by HKPC which is approximately equal to 20% of the total direct cost involved in patent application, whichever is the lower, will be provided. Since the grant will also be used to cover the administration fee charged by HKPC, the maximum amount of grant which could be used for the patent-search-cum-technical assessment and other direct costs of patent application should be around $200,000, out of a maximum grant of HK$250,000

b) Funds are only released to the implementation agent through which the patent application is processed. The grant is for covering the cost for patent search-cum-technical assessment and the administration fee mentioned above, as well as other direct costs involved in the patent application process. Examples are attorney fees, consultant fees and filing of patent applications. Other expenses, including any costs incurred before the date of approval of the application and the renewal fee of granted patents, are not fundable. The grant is non-transferrable and will be valid for 3 years from the date of approval of the application. The grant may not be sufficient to cover the patent application expenses, and individual applicant/applicant company has to bear the remaining balance


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