Until 6 December 2024, businesses can save up to €6,000 owing to the provisions of this fund initiated by the European Commission.
Building on its success since 2021, the SME Fund "Ideas Powered for Business", which provides financial support to European SMEs for the registration of intellectual property rights (patents, trademarks, designs or models, and plant variety rights), has been extended through 2024.
Therefore, until 6 December this year, small and medium-sized enterprises can benefit from a financing rate that can cover up to 75% of:
For 2024, two new features are noteworthy, as the SME Fund 2024 also covers:
All these provisions enable companies to benefit from financial support of up to €6,000.
This European initiative is supported in Luxembourg by:
The IPIL and the European Union Intellectual Property Office websites provide detailed information about the SME Fund 2024