The Ideas Powered for Business SME FUND

15 March 2021 | Knowledge, News

An EU grant scheme to help SMEs maximise their IP assets.

Small and medium enterprises (SMEs) are once again eligible to access grants for the protection of their intellectual property rights. At the beginning of March, another application window” opened for the grant scheme supported by the European Commission and the EUIPO.

What is The Ideas Powered for Business SME FUND scheme?

Each small or medium-sized enterprise can be reimbursed up to a maximum of EUR 1,500 for:

  1. IP pre-diagnostic services (IP Scan) (reimbursement of up to 75% of costs);
  2. Trade mark and design application fees (reimbursement of up to 50% of costs).

Who is eligible for the grant?

The grant is intended for small and medium-sized enterprises (SMEs) based in EU Member States. As defined in Commission Recommendation 2003/361/EC, SMEs are enterprises which employ fewer than 250 persons and with an annual turnover not exceeding EUR 50 million and/or an annual balance sheet total not exceeding EUR 43 million.

What does the reimbursement for trade mark and design application cover?

The reimbursement covers fees for applications filed with national offices and with the EUIPO.

How will the grants be awarded?

Grants will be awarded on a first come, first served basis. A single application may be filed for one or both services. Submission of an application for one of the services does not prevent the submission of another application for the other service in a subsequent period – provided that the total funding awarded would not exceed EUR 1,500. No funding may be applied for in respect of services for which national or EU support has already been obtained.

The Polish Patent Office is assisting in applications regarding grants for trademark and design applications but is not yet participating in the scheme providing the IP Scan service.

When should applications be filed?

There are four “application windows” left:

  • 1 – 31 March 2021
  • 1 – 31 May 2021
  • 1 – 31 July 2021
  • 1 – 30 September 2021.

Why is it worth it?

The scheme is an excellent opportunity to secure your intellectual property rights at national or EU level.

We will be happy to answer your questions concerning:
  • the application process,
  • regulations,
  • timetable,
  • other issues related to the scheme and protection of your IP rights.

Latest Knowledge

New liability rules for artificial intelligence in the European Union

Artificial Intelligence (AI) is at the heart of the EU’s strategy for creating a digital single market. In this context, a number of EU legal documents have been emerging for several years, such as the White Paper on Artificial Intelligence of February 2020 or the European Parliament’s resolutions on ethical framework, civil liability and intellectual property rights for AI of October 2020.

Controversial amendment to the Commercial Companies Code

On 13 October 2022, the Act amending the Commercial Companies Code and certain other acts (the “Act”) entered into force. The following is a summary of the most significant changes and the effects they may have, including those which may turn out to be problematic for management boards of subsidiaries.

The roots of the current ESG revolution

As a new business and marketing trend, ESG is of growing interest to an increasing number of markets and market participants. More and more businesses are publishing their ESG strategies or striving to comply with ESG-specific assumptions, and with good reason. According to PwC’s 2021 U.S. survey, 83% of consumers indicated a preference for companies to implement ESG best practices, and 86% of employees prefer to work for companies that care about ESG values.

Artificial Intelligence is suing Google – is this a breakthrough in AI consciousness?

Recent weeks have certainly not been the easiest for Google’s management, lawyers and Public Relations department. During work on LaMDA technology (a chatbot supported by Google’s artificial intelligence-based solutions), engineer Blake Lemoine from Google’s Responsible AI department came to the conclusion that artificial intelligence is self-aware.

Cryptocurrencies continue to tempt investors

Although current cryptocurrency prices are not at their peak, especially compared to November 2021 when crypto reached its highest market value levels ever – almost USD 3 trillion – this market is still attractive to investors, evidenced by the number of cryptocurrency millionaires, which currently stands at almost 80,000.

Bill on employment of foreigners – it is to be easier and faster

On 13 September, a bill on the employment of foreigners was published in the list of legislative work. The draft law is currently at the stage of interdepartmental consultations and is expected to enter into force later this year. The new law is essentially based on the existing fundamental principles regarding the employment of foreigners, though it introduces a number of new solutions.

Banks | We are on the verge of a breakthrough in online services

The metaverse is much more than technology. It is a symbiotic environment of new possibilities, experiences and dynamically changing IT systems that follow the needs and ideas of creators and users. At its core, the metaverse is about building a sense of mutual, seamless interpenetration between the real and virtual worlds.

Contact us:

Karolina Marciniszyn

Karolina Marciniszyn

Trademark and Patent Attorney, Partner, Head of Intellectual & Industrial Property Law Practice

+48 883 323 468

Tomasz Szambelan

Tomasz Szambelan

Advocate, Senior Associate

+48 608 593 042