In truth, you can save thousands of dollars just by filing your own patent. You will need to draft your patent in a manner that is acceptable to the patent office. As the patent office is overloaded with a mountain of applications at the moment, getting a reply from the patent office might take years to come about, if at all! The reason is that a patent application has to be written in a specified way.
Now, doing a 'one dollar' patent is definitely doable and here is the scheme of things:-
First of all, assuming that you already have a vague idea of what you want to patent, go and search for published patent papers on the same or near similar topic.
Good Gracious, a One Dollar Patent!
Trademark, Patent and Copyright are the three different types of intellectual property coming from the creative mind. ;By using trademark, patent and copyright, there are ways to protect and profit from intellectual property. ;Patent helps in protecting inventions and improving the existing inventions. ;In order to protect the patents, the patent application has to be filed with the help of patent attorney. The process of filing involves product evaluations, patent translations, drawings and illustrations. The State governments have grants and loan programs to sustain a new product through the patent in the initial stages. ;Many community centers have incubator programs to provide funding for patent applications and start up assistance. ; Small Business Grant Source:Learn the application procedures, various funding sources for specific types of businesses and eligibility criteria for small business grants.
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