Headed by the Department of Electronics and Information Technology (DeitY), the SIP-EIT aims at:
- Providing financial aid to MSMEs and technology startups.
- Formulating international patent filings.
- Revitalizing the ethics of innovation.
- Acknowledging the capabilities of global IP.
- Seizing growth opportunities in ICTE sectors.
- The refunding will be limited to 15lakhs INR or 50% of total expenses in filling out patent applications.