Loren Donald Pearson

Loren Donald Pearson is a Registered Patent Attorney and a Florida Bar Board Certified Intellectual Property Attorney.  He is a partner at Assouline & Berlowe, PA and leads its intellectual property group.  Read his profile

 
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Entries in micro-entity fee (1)

Friday
May102013

USPTO Offers 75% Discount to Micro Entities

The United States Patent and Trademark Office (USPTO) enacted rules establishing a 75% discount of some patent fees for qualifying patent applicants on March 19, 2013.  The USPTO published the final rules in the Federal Register at 77 Fed. Reg. 75019  Micro-entity status is meant to reduce the cost to inventors who are not affiliated with business and that do not yet have access to capital.

To qualify, a patent applicant must meet the following criteria:

  1. Does the applicant qualify as a small entity?   (i.e. an individual, business with no more than 500 employees, or nonprofit).
  2. Has applicant or any joint inventor filed no more than four US non-provisional patent applications? An exception exists if prior-application were assigned to a past employer.
  3. Did all applicants and listed inventor make no more than $150,000 in the past year?  $150,000 is the number for income in 2012.  The amount is adjusted annually.
  4. Are no rights in the application promised or licensed to a non-micro-entity?

If you have a pending application or patent and qualify, contact Loren Pearson via email or phone at (305)567-5576 to update the status of your application.