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Client Alerts

Fish & Richardson Introduces FISHstep, the Startup Equity Patent Program

August 6, 2014

Client Alerts

Fish & Richardson Introduces FISHstep, the Startup Equity Patent Program

August 6, 2014

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After consulting with incubators, investors, and former startups, we created FISHstep to provide select startup companies with a means to protect their valuable intellectual property early in their formation, often before the first round of seed funding, without diverting cash from the business.

If selected to join the FISHstep program, startups will receive assistance with the preparation and filing of a patent application with deferred billing until the company is funded, in exchange for 1% of the startup company’s equity.

Interested companies can apply to the FISHstep program by completing the online application found here*. There is no fee for applying. The application process opens on August 20, 2014, and closes on September 17, 2014. Applicants will be evaluated by a Review Committee – a panel of startup experts, including angel investors, founders, business leaders, and intellectual property attorneys.

For further information, please contact us at FISHstep@fr.com, follow us on Twitter @FISHstep, or visit the FISHstep webpage here.

* The application is not available for review until August 20, 2014, click here for a sample.

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