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.

This program offers reimbursements of up to €2,250 on trademark, design, and patent application fees to help EU-based SMEs access and leverage their intellectual property rights.

Why protecting your intellectual property is necessary

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 trademarks, 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 SMEs.