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Tag ‘Seal of Excellence’

IPA4SME – successfully protecting intellectual property at small businesses

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Since the first call launched in May 2019, the IPA4SME programme from the European Commission has been successfully accompanying small and medium-sized businesses (SMEs) on their path to intellectual property (IP) valorisation, helping them to protect their valuable IP. To date, over 1.000 SMEs from 30 countries have benefited from the programme.

IPA4SME offers SMEs that have been awarded the Horizon 2020 SME Instrument Seal of Excellence a unique opportunity to acquire IP valorisation and protection by co-financing a range of IP-related services, worth up to EUR 15 000.

These services include free IP pre-diagnostics, where a verified IP expert provides the companies with a customised report on their IP business strategy and advises on how to exploit their assets efficiently and securely. Beneficiaries can also have their IP protection costs reimbursed, particularly IP attorney and European patent application fees.

Cut-off closing date approaching

The closing date for the eighth cut-off in the current call is 25 February 2021. This is an excellent chance for eligible SMEs to receive up to EUR 15,000 to support their IP strategy or patent registration. Interested SMEs can apply here.

Feedback from beneficiaries in the previous cut-offs has been very positive – they found the action to be an excellent chance to summarise, reflect on and improve their IP strategy. In general, thanks to the programme they are more aware of their IP situation and view the recommendations in the IP Diagnostic Report as critical for their long-term business strategies. You can read some of their Success stories here.

Feedback from beneficiaries shows that:

  • 97% of applicants are interested in additional support;
  • 87% of beneficiary SMEs have a better understanding of their IP and its value than before;
  • 90% consider the IP pre-diagnostic report a useful resource; and
  • 91% would recommend the IP pre-diagnostic to other innovative SMEs.

Information available

IPA4SME also provides detailed information on the different IP valorisation services that are available, in addition to what actions selected beneficiaries should take to access these services. To view the webinars, click here.

For more information on IPA4SME and its services, visit the website. To keep up to date on IPA4SME actions and events, make sure to follow the programme on Twitter, LinkedIn and Facebook.

Coronavirus: EU grants €314 million to innovative companies to combat the virus and support recovery

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The original press release is available in the Commission Press Corner.

The European Commission has awarded nearly €166 million, via the European Innovation Council (EIC) Accelerator Pilot, to 36 companies to combat the coronavirus pandemic. In addition, over €148 million will be granted to another 36 companies to contribute to the recovery plan for Europe, bringing the total investment from Horizon 2020, the EU’s research and innovation programme, to €314 million in this round.

The selected 36 companies will work on pioneering projects, such as on expanding the production of bio-decontamination wipes, developing ventilation monitoring systems that provide first aiders with real-time feedback on the quality of the ventilation given to the patient, developing an antibody platform to treat severe cases of infection, and many more. Furthermore, 139 companies tackling the coronavirus that could not receive funding in this round due to budget limitations have received the newly introduced COVID-19 Seal of Excellence, in recognition of the value of their proposal and in order to help them attract support from other funding sources.

The additional 36 companies, set to support the recovery plan for Europe, will work across a multitude of sectors and projects, which include for example the development of stronger and taller wind turbine towers made from wood modules, with the potential to massively reduce wind energy costs, an organic fertiliser production system, and a blockchain-based solution for sustainable recycling practices of manufacturers. An additional 679 high quality proposals passed the EIC funding criteria and were awarded Seals of Excellence, but unfortunately could not be funded due to limited budget.

A record number of almost 4000 start-ups and small and medium businesses (SMEs) applied to the EIC Accelerator pilot in March, and over 1400 of the proposed innovations were relevant to the coronavirus outbreak. In light of this an extra €150 million was recently allocated to this funding round, bringing the combined total to over €314 million.

Check out other COVID-19 related news and updates here on the News Portal.

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