Newsletter Edition 12 - March 2020


BPTO receives investment from a British Government fund

The Brazilian Patent and Trademark Office – BPTO and the UK Intellectual Property Office (UKIPO) recently signed a partnership to improve the efficiency of the Brazilian entity. The program shall receive an investment of approximately R$ 18.5 million from the Prosperity Fund – a British Government cooperation fund. “For Brazilian society, this agreement integrates the BPTO in what we call a 4.0 organization, fully attuned to the 21st century, which will stand out in the world as an efficient guarantor of IP rights, and which supports the international trade program”, said the president of BPTO Cláudio Furtado at the launching ceremony of the program.

The program starts Phase III of the set of initiatives already adopted to improve the efficiency of the BPTO, with emphasis on fighting against the ongoing patent backlog. For this new stage, an international consulting firm will be hired to provide solutions to raise the quality of services and place the entity as a global reference in the intellectual property system.

The program was launched on February 12th, in a ceremony attended by Carlos da Costa, special secretary of Productivity, Employment and Competitiveness of the Ministry of Economy (SEPEC/ME), Cláudio Furtado, BPTO’s president, the ambassador from the UK in Brazil, Vijay Rangarajan, the head of Global Cooperation at UKIPO, William Russel, and the representative of the Prosperity Fund, Ian Felton.