The program provides financial assistance for the entire process of applying for an IP right – from reviewing the idea to exploiting the invention. Those who participate in the funding program, which lasts a maximum of 24 months, can take advantage of service packages offered by qualified external providers – which of course include our patent attorney services. The official fees incurred for securing IP protection for the invention are also subsidized.
As an applicant, you must have a branch office or business premises in Germany and must not have filed a patent or utility model application in the last five years before filing the application. Your annual turnover may be no more than 50 million euros, or your annual balance sheet total may be no more than 43 million euros (according to the EU definition). Further requirements for financial assistance and information on the WIPANO program can be found on the website of the Federal Ministry for Economic Affairs and Energy.
We would be happy to assist you in applying for the WIPANO funding program.
In addition to the WIPANO funding program, there is also the “Ideas Powered for Business SME Fund” program from the European Union.
Read all about this program here in our blog.