EU: New call for aplications for the Ideas Powered for Business SME fund

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New call for aplications for the Ideas Powered for Business SME fund

On January 17th, 2024, the EUIPO - European Union Intellectual Property Office released an announcement regarding a new call for applications for the «Ideas Powered for Business» SME fund.

The Small and Medium Enterprises (SME) Fund provides financial assistance for the protection of Intellectual Property rights to small and medium-sized enterprises established in the European Union.

SMEs can apply for bonds to partially reimburse the official fees paid for registering new IP rights.

Trademarks and Designs:

Applicants may request up to € 1,000.00 for eligible activities:

- Reimbursement of 75% of trademark and design official fees at national, regional and EU levels.

- Reimbursement of 50% of official fees for international trademark and design filings through WIPO's Madrid and Hague Systems.

Patents:

Applicants may request up to € 3,500.00 for eligible activities:

- Reimbursement of 75% of official fees for national patents of EU member states or European patents, up to a maximum of € 1,500.00.

- Reimbursement of 50% of legal fees up to a maximum of € 2,000.00.

Companies established in the EU or Ukraine are eligible to apply.

The submission deadline for the call is from January 22nd, 2024, to December 6th, 2024.

Should you wish to learn more and discover how your company can benefit from this program, please don't hesitate to contact us. We would be pleased to assist you in every step of the process and guarantee the effective protection of your Intellectual Property rights.

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