The Ideas Powered for business SME Fund is a grant scheme designed to help EU small and medium-sized enterprises (SMEs) intellectual property (IP) rights.
The SME Fund is a European Commission initiative implemented by the European Union Intellectual Property Office (EUIPO) and will run from 10 January 2022 to 16 December 2022.
Funds are limited and available on a first come, first served basis.
Why protecting your intellectual property is necessary
Innovation is about developing new ideas, and those ideas are valuable Intellectual Property (IP). Protecting your IP is a must in the digital age. It is the only legal way to avoid having your unique ideas, products, or services copied or used without permission. IP protection can cover many different assets, including trade marks, designs, patents, corporate identities, products, services, and processes.
Who can benefit from the SME Fund?
The SME Fund offers financial support to SMEs established in the European Union. The application can be filed by an owner, an employee or an authorised representative of an EU SME acting on its behalf. Grants are always transferred directly to the SMEs.
More information on the application process can be found here.
Dedicated promotional materials for the SME Fund 2022 are available in all EU languages here.