EIC and EPO deepen cooperation to steer European innovators from patents to markets

Brussels, May 22nd 2024
Summary
  • The European Patent Office and the European Innovation Council's executive agency (EISMEA) reaffirmed cooperation at Viva Technology 2024 and agreed to explore a longer term partnership.
  • EPO patent examiners have already supported EIC evaluation pilots by assessing novelty and inventiveness for 57 projects in 2022 and 2023 and will assess about 100 more files in 2024.
  • The EPO's Deep Tech Finder, launched in autumn 2023, links roughly 8 300 investment-ready European startups with patent data and is already showing overlap with EIC-funded firms.
  • The Unitary Patent system, operational since June 2023, is being highlighted as a way to simplify and reduce the cost of patent protection across participating EU states and to increase the value of the joint EPO-EIC work.
  • EIC scale and funding context: the EIC has a €10.1 billion budget, the EIC Fund completed over 100 investments last year worth about €1.2 billion and reports a portfolio value close to €70 billion.

EPO and EIC/EISMEA: from technical patent checks to a co‑ordinated innovation pipeline

At the Viva Technology conference in Paris in May 2024 the European Patent Office and the European Innovation Council and SMEs Executive Agency reaffirmed their cooperation. The stated aim is to bring together the EPO's patent and technology expertise with the EIC's funding and acceleration capacity so that European startups and SMEs move faster from concept to commercial product while securing appropriate intellectual property protection.

What was announced at VivaTech 2024

Representatives from both organisations took stock of activities carried out since joint pilots started and signalled an intention to extend and deepen co‑operation. EPO President António Campinos framed the relationship as a combination of the EPO's technology and patent expertise with the EIC's financial 'muscle' to help startups turn ideas into products and create jobs. Marc Lemaître, Director General for Research and Innovation at the European Commission, emphasised the need for sustained collaboration to speed commercialisation of breakthroughs and to safeguard intellectual property as the EU competes globally.

What the cooperation has delivered so far

The partnership has moved from an initial set of pilots to formalised commitments. A letter of intent between the EPO and EISMEA was signed in June 2023 and pilots ran in 2022 and 2023 in which EPO patent examiners supported EIC evaluation processes. The pilots focused on assessing technological novelty and inventive step of projects under consideration for EIC grants. After two pilot rounds where 57 projects were assessed, EPO examiners are scheduled to assess roughly 100 additional EIC files in 2024.

ItemFigure or descriptionSource context
Pilot assessments (2022-2023)57 projects assessed by EPO examinersEPO-EIC pilots
Planned 2024 assessmentsAbout 100 EIC filesEPO committed for 2024
Deep Tech Finder coverageAround 8 300 investment-ready European startupsEPO Deep Tech Finder, launched autumn 2023
Share of Deep Tech Finder startups that received EIC fundingAbout 1 in 8EPO reporting
EIC budget (Horizon Europe component)€10.1 billionEIC programme overview
EIC Fund activity (latest year)Over 100 investments worth ~€1.2 billionEIC Fund annual figures
EIC Fund leverageEach €1 invested leveraged ~€3.5 of additional private investmentEIC Fund reporting
Total reported portfolio value of EIC-supported companiesNearly €70 billionEIC aggregate portfolio

Key tools and changes highlighted

Deep Tech Finder:Launched by the EPO in autumn 2023, the Deep Tech Finder is a searchable resource that combines business profiles of roughly 8 300 European startups deemed investment ready with structured information on their patent portfolios. The tool aims to help investors and public actors locate technology‑intensive ventures and to promote patent valorisation. The EPO reports that about 12 percent of the startups listed have received EIC support.
Unitary Patent and Unified Patent Court:The Unitary Patent regime, administered by the EPO and operational since June 2023, allows an owner of a newly granted European patent to request unitary effect so that the patent becomes a single right across a set of participating EU member states. The system is designed to reduce translation and validation costs and to simplify renewals by replacing multiple national procedures with one renewal fee and one litigation venue before the Unified Patent Court for participating states. The EPO and EIC say greater uptake by SMEs will strengthen the commercial impact of jointly supported innovations.

How the EPO contribution is used in EIC decision making

In the pilots, EPO patent examiners provided technical assessments of novelty and inventive step for projects being considered for EIC funding. Those assessments are one form of technical due diligence meant to complement the EIC's evaluation of market potential and the business case. The EPO also shares patent trend analysis and sector insights that can inform which technologies are emerging and where investment might have strategic value for the EU.

Novelty and inventive step assessments:Patent examiners evaluate whether an invention is new relative to prior art and whether it involves an inventive step that would not be obvious to a skilled practitioner. For grant or funding decisions these assessments can help establish whether a proposed technical approach is technologically defensible and whether patent protection is feasible.
Patent trend analysis and investor signals:Aggregated patent filing trends, citation patterns and the composition of patent portfolios can indicate which technology spaces are active and where new entrants may have novel approaches. The EPO supplies these analyses to help the EIC spot clusters of deep tech activity and areas where the EU may need to bolster support.

Actors and institutional roles

European Patent Office (EPO):The EPO is a large public service organisation with about 6 300 staff and offices in Munich, Berlin, The Hague, Vienna and Brussels. It performs a centralised patent granting procedure that can lead to protection in up to 45 contracting states. The EPO is also a major source of patent information and searching expertise.
EISMEA and the EIC:The European Innovation Council and SMEs Executive Agency, established in April 2021, implements the EIC programme. The EIC is the EU's flagship innovation initiative within Horizon Europe, with a mandate to identify and scale high risk, high impact technologies. The EIC has a €10.1 billion envelope to support activities from early research to scale up including grants and equity investments via the EIC Fund.

Why this matters to startups, investors and policy makers

Bringing patent expertise into the grant and investment selection process can help separate genuinely novel technical approaches from incremental or poorly protected ideas. For startups, a realistic assessment of protectability is important for fundraising and negotiating with commercial partners. For investors and the EIC, patent checks can reduce technical risk and point to better allocation of public funds.

Limitations and open questions

The announcement and the pilots contain promising elements but also expose several limits and unanswered questions. Patent metrics are an imperfect proxy for commercial potential. Not all valuable innovations are patented and some business models prefer trade secrets or rapid market entry. Relying on patents risks biasing selection toward filing behaviour rather than market fit. There is also a potential for tension where the EPO's role as an independent patent office intersects with funding decisions made by a separate agency. The governance of information sharing between applicants, evaluators, patent offices and private investors raises data protection and confidentiality issues that need clear safeguards. Finally the Unitary Patent covers a subset of EU states and will not automatically be the right option for every SME given litigation costs and strategy.

Patent signals are not the whole story:Patent quality and breadth matter more than the mere existence of filings. A strong portfolio that is well aligned with a business plan can be valuable. But many startups in software, services or business model heavy innovations may derive little benefit from formal patenting.

What is planned next

EPO agreed to assess roughly 100 additional EIC files in 2024. The two organisations said they will investigate ways to extend co‑operation so that EPO inputs more systematically inform funding decisions and to emphasise the advantages of the Unitary Patent where appropriate. They also plan joint awareness raising to encourage patent valorisation and commercialisation by SMEs, spin offs and research organisations.

Implications for the EU innovation ecosystem

If well managed, better integration of patent expertise into public innovation programmes could improve fund allocation and reduce technical risk for deep tech investments. The EPO's data assets and search capabilities are a useful complement to the EIC's market and business assessment processes. However policy makers should avoid overemphasising patenting as a single indicator of innovation. A balanced approach should combine IP strategy advice with market validation and funding tailored to different technology and business model types. Transparency on how EPO assessments are used by EIC panels and safeguards for applicant confidentiality will be important to maintain trust.

Bottom line: the EPO and EIC are moving from informal pilots toward a structured relationship that leverages patent expertise to support EU deep tech. The approach can add meaningful technical rigor to funding decisions. But the partnership will only translate into stronger European scaleups if it keeps a realistic view of patents as one tool among many and addresses the governance, confidentiality and strategy trade offs that come with closer public sector coordination.