Building on its success since 2021, the SME Fund “Ideas Powered for Business”, which provides financial support to European SMEs for the registration of intellectual property rights (patents, trademarks, designs or models, and plant variety rights), has been extended through 2024.

Therefore, until 6 December this year, small and medium-sized enterprises can benefit from a financing rate that can cover up to 75% of:

  • filing fees;
  • fees for a patent search conducted by national offices;
  • fees for searching, filing, and/or issuing and publishing with national offices;
  • online application filing fees for the registration of new plant varieties (in the context of plant variety rights).

For 2024, two new features are noteworthy, as the SME Fund 2024 also covers:

  • up to 50% of the fees for drafting and filing patent applications by intellectual property professionals;
  • up to 75% of examination fees by the Community Plant Variety Office for plant variety rights.

All these provisions enable companies to benefit from financial support of up to €6,000.

This European initiative is supported in Luxembourg by:

The IPIL and the European Union Intellectual Property Office websites provide detailed information about the SME Fund 2024

Read more

Study of Luxembourg energy transition research capacities


A recent analysis by Luxinnovation provides an overview of the capacities of Luxembourg’s public research organisations related to the energy transition.
Read more

Innovation and research: The impact of EU-funded projects


A report highlights the significant contribution of the EU’s 2014-2020 funding programme Horizon 2020 to implementing EU policies and addressing societal needs.
Read more

Lex Delles: "Luxinnovation, a key partner"


The new Minister of the Economy, SME, Energy and Tourism prioritises strengthening the Luxembourg economy. This will notably be achieved through an even closer collaboration with the national innovation agency.
Read more

Luxembourg set to build the scaleups of tomorrow


The Minister of the Economy and Luxinnovation’s CEO spoke about developing an impactful scaleup support programme at the 2024 Digital Tech Fund conference.
Read more

Explore international R&D with IraSME


Luxembourg companies are encouraged to participate in transnational R&D projects under the IraSME initiative. A call for proposals is open until 27 March 2024. Another call will be issued in June this year.
Read more

All news