Question
Our startup has been working on a technology that could potentially be protected by patents. Since we are early-stage, our funds were not sufficient for a patent application. We know that our tech is new and there seem to be no products on the market that would perform the exact same service in the same way already. In any case, there could be strong potential of IP protection, which we know Investors are interested in and could probably help us finance. But what would be the best strategy for us to prepare for a patent application and have all the info and strategy outline that would convince an investor?
Answers: 2 public & 0 private
You could file a provisional patent which would give you 1 year to file a non-provisional. Provisionals are essentially a "stake in the ground" and let you say "Patent Pending" even though your provisional will not actually be prosecutied.
***disclaimer: The proceeding is for information purposes only and it is not legal advice.
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