The Ideas Powered for business SME Fund, which opened for applications on 11 January 2021, is a EUR 20 million grant scheme to help EU SMEs protect their Intellectual Property (IP).

Co-funded by the European Union Intellectual Property Office (EUIPO) and the European Commission, the SME Fund will grant IP Vouchers to EU SMEs in five separate grant windows throughout 2021 on a ‘first come, first served’ basis.

Open to all enterprises in the EU that fit the official definition of a SME, the SME Fund offers a maximum reimbursement of EUR 1 500 per beneficiary.

SMEs can apply for:

• 75% discount in IP pre-diagnostic fees (IP Scan), services facilitated by participating National IP Offices; and/or
• 50% discount in trade mark and design application fees (national, regional and EU).

Webinar on 19 January

Don’t miss the upcoming webinar ‘Ideas Powered for business Support Services for SMEs: What’s new in 2021’, for all your questions on the SME Fund. Join the webinar on 19 January at 10am CET.

More information here.