New EU fund to support SMEs in protecting their IPR

Small and medium-sized enterprises (SMEs) based in the European Union are crucial for the European economy, and the COVID-19 pandemic affects the competitive position of these SMEs.  Accordingly, a fund under the European Commission’s new IP Action Plan was set up in December 2020 to help SMEs manage their IP assets.

There will be five application windows with different deadlines, however, it is recommended to apply as soon as possible since each application window will close as soon as the available budget is reached.

The first application window, covering reimbursements of up to a maximum of EUR 1,500 for IP pre-diagnostic services (IP scan) and/or trademark and design applications, opened Monday and closes on 31 January

Read more here.