ASEAN businesses to get funding under WIPO-Singapore ASEAN Mediation Programme
11 July 2023
Businesses in the Association of Southeast Asian Nations (ASEAN) can now benefit from subsidized mediation to resolve intellectual property or technology disputes under the new WIPO-Singapore ASEAN Mediation Programme (AMP).
The programme, an initiative by the WIPO Singapore Office (WSO) and the Intellectual Property Office of Singapore (IPOS), provides business entities or individuals with IP or technology disputes with funding of up to S$8,000 (US$6,000) for each mediation case. Funding is shared equally between parties unless otherwise agreed.
-content_original.jpg)
Rena Lee,Chief Executive, IPOS
“With the global increase in IP or technology disputes, we recognize the growing interest in alternative dispute resolution, especially in the ASEAN region. We hope more businesses in ASEAN can benefit from mediation as a viable and cost-effective solution for their IP or technology disputes,” said WSO Director Thitapha Wattanapruttipaisan.
“We hope the WIPO-Singapore ASEAN Mediation Programme encourages enterprises to use mediation as the preferred solution for resolving IP or technology disputes. ASEAN businesses can also tap on this initiative for negotiating the terms of IP or technology deals through mediation,” said IPOS Chief Executive Rena Lee.
The AMP is supported by the WIPO Arbitration and Mediation Center.
Interested applicants can apply for AMP funding by informing the WIPO Center when or after making a request for WIPO mediation. The pilot for AMP will end on December 31, 2023 or when the budget is completely drawn down, whichever is earlier. More details on this programme can be found here.
- Asia IP
