European Fund supporting IP for SMEs

The European Commission has implemented a fund to support European Union based small and medium-sized enterprises to obtain and exploit intellectual property rights, such as patents, trademarks and designs.

The way the fund operates is slightly different from country to country. Generally, it provides support to SMEs of up to EUR 1,500 for trademark and design fees and EUR 750 to pay for national patent fees. The support will not be paid “retroactively” and any costs incurred by the applicant before the grant decision will not be reimbursed. It’s important therefore to make the request before starting any work.

Unlike previous European schemes, the scheme is essentially ongoing until the funds are exhausted. Decisions will be taken on a weekly basis.

We’ve helped a number of companies and research institutes in the past to develop intellectual property strategies and protect their intellectual property. Feel free to contact us if you would like more information and support in getting the funds.

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