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NENSUPPORTING STARTUPS,AND SMEs TO GROW THEIR BUSINESSES

MentorWISE• Mentor Network

• Helpdesk for entrepreneurs

• Workshops

• Mentoring Clinics

• Mentor Enablement

LearnWISE• Videos

• Courses

• Blogs

• Events

• Q&A

• Bootcamps

FundWISE• Investor Network

• Pitch Labs

• Loan Connect

• Angel Investor Enablement

NEN Programs: Supporting Entrepreneurs

Accelerating business growth for early-stage and growth-stage entrepreneursSupporting entrepreneurs with mentoring, learning tools and investor connects

• Offers deep connects into the global entrepreneur ecosystem

• Helps address key business challenges• Enables transformation for the venture

Mentoring for Business Success

Providing early & growth stage entrepreneurs with goal-based, time-bound, and structured mentoring

WF NEN MentorWise

Connecting startups to mentors through a new-age web and mobile mentoring platform that enables efficient collaboration and communication.

A curated network of industry leaders, seasoned entrepreneurs, experts and investors committed to supporting India’s high-potential entrepreneurs.

400+ Curated Mentors

Pitch Labs for entrepreneurs to practice pitching to investors.

Loan Connect for entrepreneurs looking to raise capital through debt options.

Engagements with Angel Investors facilitated by the NEN network.

Investor Connect

Assessing entrepreneurs' capital requirements to prepare them for successful interactions with angels and VCs across the globe.

Funding Support for Entrepreneurs

Understanding patents and their relevance for your business

"Thinking should become your capital asset, no matter whatever ups and downs you come across in your life."

Dr APJ Kalam

Bindu SharmaEmail: bindu@origiin.com |Mobile: +91984-569-3459

Oculus is facing yet another patent infringement lawsuit, this time for its 3D imaging tech

Samsung Electronics to Pay $11.60 Million to Huawei Technologies For Patent Infringement

3M Files Patent Infringement Lawsuit against Amphenol

Motorola order to pay $9 million in patent infringement case filed by Plano company

VirnetX Awarded $625.6 Million Verdict Against Apple

Microsoft announces patent license agreement with Toyota, enhancing connected car experience for consumers

Google announces ‘Pax’ for cross-licensing of Android patents

Qualcomm’s tricky licensing deal prevented Samsung from selling its own Exynos chipsets

Velos Media launches HEVC patent licensing platform

Casio to use Microsoft technologies in smartwatches with new patent licensing deal

Patent

• Legal rights by the Government for a specific period of time, in specific country

• Disclose to Patent Office by filing application

• Typically starts with filing in home country, followed by foreign filing

• Submit/Examination/Grant/Maintenance

Invention (not discoveries)

Novel Industrial Use Non-obvious

Patent: What does it protect?

Weird patents

3 essential steps

Process

File Publication Examination Grant/Reject

Post-grant oppositionPre-grant opposition

Why to file?

Protection serves as a tool to enforce your rights

May help you in marketing or branding

May look impressive while seeking funds

Looks good on resume

Licensing may fetch revenue

Better valuation of company at the time of merging

Promotion or admission in foreign university

Disclosure becomes easy

• Simplicity of technology is no bar

• For commercializing technology, you don’t have to wait till grant

• Patent is a tool and doesn’t ensure that you have 100% protection

• Strong patent does not ensure commercial success of the product in the market

• State of the art is powerful information to help you in multiple ways

Some facts

• Product

• Making, Using, Offering for sale, Selling or• Importing for those purposes that product in India

• Process

• Using that process, Offering for sale, Selling or

• Importing for those purposes the product obtained directly by that process in India

Rights of patentee

• Unauthorized use of IP

• No consent, license, assignment obtained from patentee

Infringement of patent

• Not using other’s IP is as critical as protecting your IP

• Clearance search or Freedom-to-operate analysis is MUST before product launch and even before finalizing product specifications

Infringement of patent

• Anant Electronics and Futuristic Concepts Media Ltd were using “digital transmission system” technology to manufacture VCDs

• In India, Philips had a patent protection on this technology

• Delhi High Court ordered the two Indian companies to stop manufacturing the VCDs that infringed Philip’s “digital transmission system”

• LESSON: Using technology protected by another company can drive you out of business

Philips v Anant and Futuristic

• Year 2010, VirnetX filed suit in the Eastern District of Texas federal court, claiming infringement of four patents for secure networks, known as virtual private networks, and secure communications links

• VirnetX continued to pursue Apple in relation to patents it believes the company infringed upon.

• Federal jury in Texas ordered Apple Inc to pay more than $302 million (roughly Rs. 2,008 crores) in damages for using VirnetXHolding Corp's patented internet security technology without permission in features including its FaceTime video conferencing application.

Apple Vs VirnetX

Top damages awarded

Polaroid V Kodak – US $ 873,200,200

Cordis V Boston Scientific –US $ 324,400,000

Cordis V Medtronic AVE – US $ 271,100,000

3M V Johnson & Johnson – US $ 107,300,000

Stac V Microsoft - $ 43,000,000 + $ 40,000,000 as investment settlement after $ 130,000,000 jury award

How to start the process?

1

IP Audit to assess the assets, docket them, fix gaps and standardize IP processes

2

Formulate IP Policy and devise IP strategy

3

Identify ways to strengthen existing technologies and process new ideas

4

National and international filing of patents

How to start the process?

How to start the process?

5

Be vigilant: Someone might be using your patent without your permission

6

License, assignment, enforcing, commercialization, joint-venture

Buy patents

How to start the process?

Brand name/trademark

Choosing right IP strategy is very critical

Not to encroach third party IP rights is as critical

as protection of IP

IP Policy shall be defined well

Use state of the art to strengthen core

technologies

Some pointers

Vijay LadhaBengaluru, India

Sundara NagarajanBengaluru, India

Atit Jain, New Delhi, India

Mandar MhatreMumbai, India

Neela Badami,Bengaluru, India

Hemant Dharnidharka, Bengaluru, India

Rajesh Lal New Delhi, India

Bindu Sharma,Bengaluru, India and more…

IP Mentors at WF NEN

CONTACT US

Plot No. 3 & 3A, Subramanya Tech Park, EOIZ Industrial Area, Whitefield, Bengaluru – 560066

India

Four Main Street, Suite 120, Los Altos, CA 94022U.S

www.wfnen.org

esupport@wfglobal.org / sed@wfglobal.org

India

US