EUIPO SME Fund Reaches 15,000 Applications
The Ideas Powered for Business SME Fund has hit a new milestone of 15,000 applications across the EU in the first half of 2022 - a total of 28,000 since the initiative began in January 2021.
About the SME Fund
The Ideas Powered for Business SME Fund offers SMEs the possibility of obtaining 90% off the cost of an IP pre-diagnostic service (IP scan). The pre-diagnostic service or IP scan is aimed at providing a practical, objective and factual analysis of an SMEs business model and to identify the intellectual assets held and the possible IP protection options for those assets.
SMEs can receive:
- 75% off the basic application fees of national, regional and EU trade marks and designs and;
- 50% reimbursement of patent pre-grant, grant, and publication fees at national level in the EU.
Each SME can be reimbursed up to a maximum of €2,250.