EUIPO SME Fund to promote intellectual property protection
99% of all companies in the EU are small or medium-sized enterprises (SMEs). However, only 9% of SMEs own registered intellectual property rights. The “Ideas Powered for Business – SME Fund” is a funding program worth a total of 20 million euros that aims to make it easier for SMEs in Europe to access their intellectual property rights.
Supported by the European Commission and the European Union Intellectual Property Office (EUIPO), the “Ideas Powered for Business SME Fund” is aimed at SMEs that want to develop their intellectual property strategies and protect their rights at national, regional or EU level.
The program offers two different services:
- Service 1: 75% discount on IP pre-diagnosis (IP scan).
The IP scan is conducted by intellectual property examiners who analyze your business model, goods and/or services, and development plans to design an IP strategy for you. This can help you decide which IP rights to register, how to develop your IP portfolio and plan your future strategy.
- Service 2: 50% discount on application fees for trade marks and designs at national/regional and EU level.
Each SME can receive refunds up to a maximum of 1500 EUR from the fund.
Small or medium-sized enterprises located in the European Union that have not previously received EU funding for the above services are eligible to apply.
Applications can be made in 2021 within five, approximately one-month, time windows, beginning on January 11, 2021. Applications can be made for only one of services 1 and 2, or a combination of both, even in different time windows.
Our patent law firm will be happy to assist and advise you on the application and funding procedures. We also have a high level of expert knowledge built up over many years in the application of trademarks and designs.
If you have any further questions, please do not hesitate to contact us.
You can also find more information at https://euipo.europa.eu/ohimportal/de/online-services/sme-fund.