The IP Office of Singapore (IPOS) announced the mediation promotion scheme (MPS) to help businesses leverage the strengths of mediation in achieving “customized, win-win solutions”.
Designed as an alternative dispute resolution (ADR), the MPS offers parties opting for mediation to resolve IP dispute(s) with funding up to $5,500 per case regardless of its outcome. The MPS will be available as of Apr 1 2016. If you would like to know more about the eligibility of the MPS, click here for the procedural steps and learn how to apply for the mediation funding through IPOS.
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