The Department of Intellectual Property under the Ministry of Economic Affairs will be conferring the Second National Trademark Award 2019 to the registered trademark Owners.
The main objective for conferring the National Trademark Award by the Department of Intellectual Property, Ministry of Economic Affairs is to recognize and reward owners of trademark for their contribution to economic development. It is also to encourage creation,
registration, promotion and use of trademarks among the entrepreneurs.
2. Award details
The top three winners of the trademarks will be selected based on the criteria set in section 3. Certificates and Cash prizes will be awarded as follows:
1. First prize -Nu. 70000
2. Second prize – Nu. 50000
3. Third prize -Nu. 30000
3. Section criteria
Applicants of the valid registered Trademark (s) will be evaluated and selected based on the parameters elaborated in the application form (Annex 1)
To be eligible for the National Trademark Award, the applicants should:
● Be Bhutanese National
● Be Owner of the registered trademark
● Hold valid trade/production/manufacturing/service license
● Have valid tax clearance certificate
● Not a previous winning trademark
5. Selection Committee:
The selection committee for the National Trademark Award will be constituted by the Department of Intellectual Property. The committee shall comprise of following members:
● Department of Intellectual Property- 2 members
● Department of Industry- 1 member
● Department of Cottage and Small Industry- 1 member
● Regional Trade and Industry Office, Thimphu- 1 member
● Directorate Services, MoEA- 1 member
● Bhutan Chamber for Commerce and Industry (BCCI)- 1 Member
The Committee shall evaluate all the questions given in the application form, out of 100 points.
The Committee shall reserve rights to add any other parameters of assessment to enable to make judicious decisions.
6. How to Apply:
The interested Owners of the trademarks fulfilling the eligibility criteria should submit the application form (Annex I) and declaration (Annex II) duly signed in a sealed envelope to the Department of Intellectual Property on or before 27th March 2019, addressed to the Director General, Department of Intellectual Property, Ministry of Economic Affairs, Thimphu. For Further information contact Mrs. Karma Yangdon, IP Officer at 335233/326512 during Office hours.
Find the attachment below: