Expert Patent Attorney Reveals Fast Simple Provisional Filing Secret

Cost Considerations and Benefits

The cost of filing a provisional patent is significantly lower than a non-provisional application. As of 2023, the basic filing fee for a provisional patent application is $300, with discounts available for small entities and micro-entities³. This makes it an attractive option for inventors who want to protect their intellectual property without a large upfront investment.

Moreover, the "patent pending" status can enhance the perceived value of your invention, potentially attracting investors or partners who are more inclined to engage with a protected idea. This status can also deter competitors from copying your invention during the development phase⁴.