CPES extends automatic IPPF benefits to Principal Members
CPES is pleased to extend additional IP benefits to Principal Members! Effective July 2009, Principal Members will enjoy automatic membership in CPES IPPF (Intellectual Property Protection Fund).
IPPF is a unique IP access mechanism that provides extraordinary IP advantage to all Principal-level members. IPPF members meet quarterly via telecon with inventors to discuss invention disclosures and jointly decide which technologies to protect, with patenting costs covered by IPPF. Once a technology is protected, IPPF members are granted a royalty-free, non-exclusive, non-transferable license to use the technology. IPPF is applicable only to technologies developed under core research by CPES-VT researchers.
Since the implementation of IPPF in 2002, IPPF has sponsored 31 patent applications, resulting in 18 patent awards, with 13 patents pending.