Grants for SMEs in Industrial Property Protection.

The EUIPO announces for this year 2022 an Grant Program for SMEs in the field of Industrial Property.

The “Ideas Powered for Business” SME Fund Grant Programwill be open until December 16, 2022.

SMEs in the European Union will be able to access these funds for the protection of their Industrial Property assets: Trademarks, Designs and Patents.

The aid must be requested before submitting the protection application and wait for it to be approved to incur the expense. That is to say, first the grant is requested for the modality that it is wished and the apllicant should wait its grant (about 15 days). Once granted, there is a period of 4 months to submit the applications, pay the official fees and send proof of expenditure to EUIPO. From EUIPO they will manage the corresponding refund within approximately one month.

The maximum grant amount for Trademarks and Designs is 1,500 euro.

For trademarks and designs in the European Union, there is a refund of 75% of the official fees.

For trademarks and designs in Spain and in the rest of the countries of the European Union, the amount of the refund would also be75%of the fees, but the amount of the fees is lower.

For trademarks and designs outside the European Union that are protected through International Trademarks(Madrid Agreement) and International Designs (Hague Agreement), the refund of official fees will reach 50% of their amount.

The maximum grant amount for Patents is 750 euro.

You can opt for a 50% refund of the amount of the official filing, search, examination, grant and publication fees in the proceedings of national patent applications.

From San Martin Industrial Property Consulting we can manage the application for these Funds for the protection of your Industrial Property assets.

If you are interested in accessing these funds, do not hesitate to contact us.