Have a great idea, but you're not quite ready for a patent? A provisional patent protects your rights--and ''holds your place'' in the Patent Office's line.
The question I get asked the most is, "If I don't have enough money for a patent, what else can I do?" In the long run, a patent is the only way to protect your invention. However, in June 1995, the U.S. Patent and Trademark Office (PTO) created another way to protect your invention and buy you some time. For a small fee, you can file a provisional application for a patent.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Get 3 months free with code zendesk
Presented by Zendesk
Entrepreneur Editors' Picks
Zooey Deschanel Embraces the Word 'Quirky' and Thinks Businesses Should Too
A Simple (But Not Easy) Guide to Achieving Almost Any Dream
Making Time to Be 'Useless' Is a Vital Part of Creating Anything Valuable
A Billionaire Who Operates More Than 2,400 Franchises Knows These Types of Franchisees Make the Most Money
How Relentless Optimism Fuels Success for Hilary Schneider, CEO of Shutterfly
The Paradox of Celebrity Tequila
Social Media Was Draining Me, So I Gave It Up. My Business Has Never Been Stronger.