The Intellectual Property Office of the Philippines (IPOPHL) said IP filings from January to December 2021 grew 11.6 percent year-on-year (YOY) to a total of 46,496, recovering significantly from the 2020 drop, as lighter quarantine restrictions last year reignited business and IP-related activities.
The I-Tech program also allows inventors to borrow up to 85 percent of the total loan amount or a maximum of P12.5 million, or what the borrower's repayment capacity is, whichever is lower.