How much funding is available under the Revised Enhanced Mediation Promotion Scheme (REMPS)?
The REMPS funds parties' mediation costs up to S$10,000 per mediation case where the subject matter is limited to IP rights in Singapore. (This would be the primary starting point as the parties need to have a dispute before IPOS in the first place.) The funding increases to S$14,000 per mediation case if foreign IP rights are added to the subject-matter of mediation. (This happens when the parties have disputes in other countries and wish to resolve their disputes holistically in one mediation.) Under the REMPS, S$180,000 has been set aside to support parties who have their disputes mediated. This sum is available to parties who participate in a mediation session from 1 April 2022 and no later than 31 March 2025 or until the overall fund is drawn down, whichever is earlier. Parties are therefore encouraged to submit to mediation as soon as possible, before the overall fund is drawn down.
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