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EUIPO signs MoU with European Investment Fund
EUIPO and the European Investment Fund (EIF) have signed a Memorandum of Understanding to help turn IP assets into financing opportunities.
The MoU follows the publication of the recent IP-backed finance study (reported on the Class 46 blog here).
EUIPO said the agreement “reflects a shared commitment to support innovation, boost competitiveness and contribute to sustainable economic growth across the European Union”.
João Negrão, Executive Director of the EUIPO, added: “For many European businesses, intellectual property is one of their most valuable assets, but it is still not fully used when it comes to accessing finance. This agreement with the EIF is a concrete step to change that. It helps turn IP from a legal asset into a financial one, supporting innovation, growth and competitiveness across Europe.”
The collaboration between EUIPO and EIF will help businesses better leverage their IP rights as strategic assets when seeking financing by improving IP valuation approaches, strengthening links between SMEs and financial instruments and supporting the development of IP-backed financing solutions.
Read more on EUIPO’s website here.
Posted by: Blog Administrator @ 10.37Tags: EUIPO, EIF, IP financing,
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