SPRING Singapore & IPOS launch new intellectual property management programme for SMEs

Intellectual property (IP) is a critical business asset which requires protection. However, because it is an intangible asset, it is often not given the focus it requires in business continuity and risk management plans, especially within small and medium sized enterprises. SMEs in Singapore can now benefit from a new programme launched by SPRING and the Intellectual Property Office of Singapore (IPOS) that will help them to manage their IP effectively.

The $9 million Intellectual Property Management (IPM) for SMEs Programme aims to encourage SMEs to develop a strategy to create, own, protect and exploit their IP such as brand, design, trade secrets or customer relation systems. Some 200 SMEs will benefit from the programme over the next two years, which provides financial support of up to 50 percent for the following:

- An IPM diagnostic programme conducted by legal and business experts using IPOS’ proprietary SCOPE IP methodology. SCOPE IP helps businesses evaluate if their overall IP deployment strategy and IPM systems effectively support their business model.

- Programmes to help companies improve their in-house IPM capabilities.

Enterprises interested in finding out more about the IPM for SMEs Programme can contact:

Intellectual Property Office of Singapore (IPOS)
Tel: 6339 8616
Email: scopeip@ipos.gov.sg

SPRING Singapore
Tel: 6898 1800
Email: enterpriseone@spring.gov.sg

•Date: 30th January 2007 • Region: SE Asia •Type: Article •Topic: Operational risk
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