How to get the new assistance of up to €1,000 in registering your brand

4 April, 2024
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Industrial Property
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Lucas Charnet

!Ayuda 1000 euros registro marcas

Discover the EU aid to protect your brand with “Ideas Powered For Business – Fund for SMEs”

In an increasingly digitized and competitive world, protecting the intellectual and industrial property of your business has become essential to ensure its long-term success. The European Union (EU), aware of this need, has co-financed the grant program “Ideas Powered for business – Fund for SMEs,” specifically designed to help small and medium-sized enterprises (SMEs) safeguard their industrial property rights (IP). This program, executed by the European Union Intellectual Property Office (EUIPO), represents a unique opportunity for EU businesses. Here we tell you everything you need to know about these grants and how you can make the most of them for your business.

Why is it crucial to protect your business’s industrial property?

In today’s digital environment, where innovation and creativity are commonplace, protecting your company’s industrial property is essential. What does this exactly entail? Industrial property encompasses a wide range of assets, from trademarks, designs, and models to patents. Registering these types of assets provides legal protection, grants differentiation and commercial value to your company, prevents infringements, and facilitates potential business agreements.

What is “Ideas Powered for business – Fund for SMEs” and who can benefit from these grants?

It is a financial support fund for the protection of industrial property of SMEs established in the EU. Both company owners and authorized representatives can apply for these grants in the form of vouchers, which are then used to cover the associated costs of registering your trademark, design, model, and/or patent with the EUIPO in order to obtain protection throughout the territory of the European Union.

Specifically, SMEs can partially cover the registration fees for the following activities:

Registration of trademarks, designs, and models (up to €1,000).

Patent registration (up to €3,000); and

Community protection of plant varieties -PCVV- (up to €1,500).

What makes this initiative so relevant is its accessibility and inclusive approach. All small and medium-sized enterprises, from emerging startups to more established companies, have the opportunity to apply for these vouchers.

In fact, it not only aims to strengthen the protection of industrial property but also aims to promote innovation and economic growth in the European Union. By properly protecting industrial property, companies can safeguard their innovative ideas and products, creating a more conducive environment for investment and fair competition.

How to obtain the grants

The process to become a beneficiary of this program is very simple and completely online. The grant is applied for, once received a voucher is obtained, the registration and/or protection are proceeded by paying the corresponding fees, and finally, reimbursement of between 50 and 75% of the same is requested and obtained. It is crucial to note that European aid is subject to a limited budget, which implies that there is also a finite number of aids available. Therefore, it is essential to act without delay if you wish to access these aids, as there is a risk of missing the opportunity to receive them.

In summary, the program “Ideas Powered for business – Fund for SMEs” represents an opportunity for EU businesses. Protecting your industrial property is an investment in the future of your business and in your ability to stand out in an increasingly competitive global market. Do not miss the opportunity to take advantage of these grants and ensure the long-term success of your company.

At MES Advocats, we offer comprehensive advice and support in the application process for the “Ideas Powered for business – Fund for SMEs” program, as well as personalized and efficient service in the registration of trademarks, designs, models, and/or patents. If you need more information or are interested in obtaining this grant, contact us at this link.

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AssistanceBrandIndustrial PropertyGrants

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