- Posted by: Irena Rezec
- Categories: Business Support Ecosystems, Entrepreneurship, Financing of Projects, Innovation Economy, News, Public Funds
A new instrument is available to European SMEs, under which they can obtain a grant to protect a brand and/or design and other services. The Ideas Powered for Business SME Fund is a 20 million Euro grant scheme created to help European small and medium-sized enterprises (SMEs) access their intellectual property rights. Grants will be awarded on a ‘first come, first served’ basis.
The EUIPO – European Intellectual Property Office website provides information on the range of services that European SMEs can benefit from, among others:
IP pre-diagnostic services – IP scan (service 1)
Professional IP auditors will help to identify the value of intellectual property assets, however IP pre-diagnostic services under this scheme are only available to specific countries (see the list of countries) through participating national and regional IP offices of the EU. Before applying, SMEs should check the list to ensure that the IP office in their Member State offers this service.
Trade Mark and Design application (service 2)
Grant applications can be submitted in several time series, the first applications are collected from 11 to 31 January 2021. In 2021, an additional four periods follow (see below), during which it is possible to apply for a grant of 50% of eligible costs, however not for more than EUR 1,500.
Free Intellectual Property advice
SMEs can benefit from one free customized intellectual property advice. More information and the application process is available on the EUIPO website.
Training material and useful information in the field of Intellectual Property
A number of video presentations and intellectual property articles are available on the EUIPO website to help you understand the meaning of intellectual property and application procedures.
For all small and medium-sized companies looking for an automatic translator from one EU language to another European languages and vice versa, there is a European free eTranslator, which enables translations between 24 European languages. It enables the translation of entire documents and texts in various formats (word, pdf, ppt, html, …) and can thus be a good replacement for the google translator. The translator also recognizes specific European terminology, which will be welcome for all those who apply for projects financed by the centralized European programmes. To start using the eTranslator you need to be logged in to the European portal. Companies participating in European projects already have this registration and can apply with the e-mail address they otherwise use when entering the European portal. The others must first go through the registration process. To enter the European eTranslator, visit the European eTranslator website.