Amazon Launches IP Accelerator in Singapore to Help Small Businesses Secure Trademarks and Protect Th

• Published date: 26 August 2021
• Publication title: Xinhua Finance Agency

IP Accelerator connects small and medium-sized businesses with a network of trusted Singapore Intellectual Property (IP) law firms that will charge competitive fees on key servicesParticipating businesses can access Amazon's brand protection tools months before their trademark registration is issuedSINGAPORE - Media OutReach - 26 August 2021 - Today, Amazon (NASDAQ: AMZN) launched the Intellectual Property Accelerator (IP Accelerator) in Singapore, making it easier and more cost effective for small and medium-sized businesses (SMBs) to obtain trademarks, protect their brands and tackle infringing goods both in Amazon's stores and the broader marketplace. Available to any brand selling in Amazon's stores, IP Accelerator directly connects Singapore SMB owners with a curated network of local law firms charging competitive, pre-negotiated rates on key services, giving SMBs easy access to expert legal and general IP advice that may otherwise be a cost-prohibitive or complex process.

To date, the list of participating firms in Singapore includes Ella Cheong LLC, Viering, Jentschura and Partner, Francine Tan Law Corporate, and Tan Peng Chin LLC. s/s "Securing IP rights is essential for every business owner, especially those interested to go global.

Many SMBs in Singapore have grown their businesses with Amazon, reaching millions of customers on Amazon.sg and Amazon's stores around the world.

We are pleased to introduce the IP Accelerator program, which will build on that success by protecting their intellectual property and set them up for long term growth," said Bernard Tay, Head of Global Selling for Southeast Asia at Amazon. IP rights are vital for businesses to stop bad actors from copying and infringing on their ideas.

However, filing for IP protection can be daunting and time-consuming for SMBs. IP Accelerator will facilitate the process by connecting SMBs with lawyers who are skilled in drafting trademark applications and can help remove common obstacles that could otherwise further delay the issuance of a registration.

IP Accelerator provides SMBs with early access to Amazon's brand protection tools that help them protect their brand and IP even before their trademark is officially registered. Amazon's Brand Registry is a free service that provides SMBs with powerful tools that help them manage and protect their brand and IP rights in Amazon stores, with more than 500,000 brands enrolled to date.

Participants benefit from Amazon's automated, data-driven...