Supported by the European Union Intellectual Property Office (EUIPO) and the European Commission, the creation of a European fund for European SMEs has been announced. With a global value of 20 million euros, this SME fund, inserted in the framework of the EUIPO “Ideas Powered for Business” initiatives, is designed to help small and medium-sized companies in developing their IP strategies and protection of their rights at national, regional or EU level. Applications open on 11 January 2021.
This fund is to be applied in IP pre-diagnostic execution and/or trademark and design application by an SME established in one of the 27 EU Member States, during the year 2021. Both services imply partial restitution of the associated costs and each SME can be reimbursed up to a maximum value of EUR 1500:
75% off IP pre-diagnostic services (IP scan);
50% off trademarks and design application fees;
It is possible to apply to this fund within one of the following schedules:
Window 1: 11 January 2021 - 31 January 2021
Window 2: 1 de March 2021 - 31 March 2021
Window 3: 1 May 2021 - 31 May 2021
Window 4: 1 July 2021 - 31 July 2021
Window 5: 1 September 2021 - 30 September 2021
Only applications submitted within these deadlines are considered and each SME can submit only a single request for one of these services, or one that combines both, being possible the request for each one of them to be carried out at different times.
For further clarification on the strategy to follow or IP rights that you can request, contact us at email@example.com.