By: Jeremy Ben-David
JERUSALEM, Israel — JMB Davis Ben-David (“JMB”), a Jerusalem-based IP law firm, announces the launch of an initiative designed to make patents more affordable to emerging startups. Through its Startup SpringboardTM Program, JMB will offer qualifying startups significant subsidies towards basic patent-related services, including patentability searches and patent application preparation, at a fraction of the industry-standard costs. In addition, participants will have access to JMB’s worldwide network of professionals, to whom they will have the ability to showcase their innovations and plans for expansion.
The initiative was originally developed by the head of JMB’s US division head, Dr. Mike Hammer. Dr. Hammer believes that in today’s competitive startup environment, startups face a barrier to entry in the form of a lack of funds for taking the initial steps to secure their inventions through patents. In addition, he felt that some startups were not even aware of the value of patenting their inventions until they approached investors and discovered that they were missing a large piece of the puzzle. “It doesn’t matter whether you are pro-patent or anti-patent, the reality is that startups that do not have a patent pending or a clear path to owning or licensing intellectual property are less attractive to potential investors. Sometimes, new entrepreneurs don’t even realize how important owning intellectual property can be to investors until after they present their company to potential investors,” said Dr. Hammer.
Read more >> https://www.jmbdavis.com/jmb-davis-ben-david-launches-startup-springboard-program-offering-startups-reduced-rates-for-ip-services/
