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SME Fund on online application European Plant Variety Protection

Publicationdate: 30 januari 2024

The SME Fund 'Ideas Powered for business' is dedicated to bolstering Intellectual Property (IP) protection for small and medium-sized enterprises (SMEs), thereby strengthening their market competitiveness. It is an initiative of the European Commission implemented by the European Union Intellectual Property Office (EUIPO). In 2024 there is €20 million available. Act quickly because of the first-come, first-served nature of the voucher allocation.

This year, the fund places a significant focus on the breeding sector, underlining the commitment of the Community Plant Variety Office to ensure that SMEs engaged in the development of new plant varieties are fully recognized and protected. This emphasis is geared towards fostering a thriving environment for SME innovation and growth in the sector.

75% of the costs subsidized

A key feature of the 2024 SME Fund is the introduction of 'Voucher 4', a 1,500 euros voucher specifically aimed at subsidizing up to 75% of the costs associated with online application fees and the first-year examination fees at the CPVO. Targeting new applications, this voucher does not limit the number of Community Plant Variety Rights (CPVR) applications but maintains a 1,500 euros cap per voucher.

Application process SME Fund

The voucher application process is streamlined for efficiency. SMEs can apply through the EUIPO Portal, receive their grant and vouchers, submit their CPVR application, and then request reimbursement from the EUIPO. A detailed guide, including all necessary documents, procedures, and contact information, is available to ensure a smooth application process.

Act quickly

Due to the first-come, first-served nature of the voucher allocation, SMEs are urged to act quickly to take advantage of this opportunity, as the fund will be distributed until it is depleted.

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