Nearly five billion yuan of patent and trademark pledge financing from January to September of 2020, Sichuan Report on the Development of IP Financing released

In 2019, intellectual property pledge financing in Sichuan was 9.406 billion yuan, ranking first in the central and western regions; from January to September of 2020, Sichuan patent and trademark pledge financing was nearly 5 billion yuan. On November 19, "2020 Tianfu Intellectual Property Summit and China Geographical Indication International Seminar on Brand and Industry Development" was held in Chengdu. At the meeting, the "Report on the Development of Sichuan Intellectual Property Finance" was released by the Sichuan Provincial Intellectual Property Service Promotion Center.

In recent years, the Sichuan Provincial Intellectual Property Service Promotion Center has improved the intellectual property financial services promotion activity in an all-round way by steadily building a policy system, focusing on cultivating high-value patents, consolidating intellectual property carriers, building intellectual property platforms, and training high-level intellectual property financial talents. After the new model of "patent right pledge financing services bundled with loans, insurance, and financial risk compensation" was identified by the State Council as the first batch of comprehensive innovation reforms to replicate and promote the experience, a preliminary structure of intellectual property financial system with pledge financing, patent insurance and guidance funds was established. The Provincial Intellectual Property Center entrusted the Sichuan Provincial Intellectual Property Research Association to conduct special research and form the "Report on the Development of Sichuan Intellectual Property Finance".

The report shows that in 2019, intellectual property pledge financing in Sichuan was 9.406 billion yuan, ranking sixth in the country and first in the central and western regions. From January to September 2020, the province's patent and trademark pledge financing reached nearly five billion yuan. The Sichuan Intellectual Property Operation Fund agreed to raise funds of 636.8 million yuan, completed six projects and one sub-fund establishment, and reserves more than 100 high-quality projects. The Chengdu Intellectual Rights Operation Fund has a scale of 1.2 billion yuan. The Provincial Intellectual Property Service Promotion Center established 25 high-value patent incubation centers.

Sichuan took the lead in China to carry out the training and cultivation of intellectual property rights for reserve companies on the Science and Technology Innovation Board, and five enterprises in Sichuan have successfully landed on the Science and Technology Innovation Board. Sichuan introduced the Provincial Intellectual Property Market Operation Demonstration Base Construction Work Plan, and awarded the Chengdu Sichuan University Technology Transfer Group, Tsinghua Sichuan Energy Internet Research Institute, and Sichuan University West China Hospital to build the "Sichuan Province Intellectual Property Market Operation Demonstration Base"; launched an intellectual property financing service platform based on blockchain technology. Chengdu Intellectual Property Exchange Center was completed and put into operation. In the next step, Sichuan will take multiple measures to build an intellectual property financial ecosystem with complete systems, complete elements, complete systems, rich categories, and smooth operation.