The SME Fund, an initiative of the European Commission implemented by the Intellectual Property Institute of the European Union, is a reimbursement program that issues vouchers for patent fees. Under this initiative, the application for a national patent will have a final cost of 54.53 euros, that is, it benefits from a refund of 50 percent. To protect your idea or invention through a patent it is necessary that (i) the invention is not public knowledge, (ii) it is a new solution to specific technical problems, and (iii) it has industrial application. AIP can help your company throughout the patent application process, from preliminary research to check the novelty, preparation of technical documentation and application, as well as application to the fund. Schedule a meeting for more information through: or 213 601 000.