Project description
A big boost for the next generation of innovators
With innovation and research funding proving to be greatly beneficial to both economies and societies, the EU as well as other parties want to take advantage of this opportunity. Approximately 3 million patent applications are filed each year worldwide, and the numbers are on the rise. In recognition of the benefits provided, the EU through its Horizon Europe programme is investing EUR 100 billion into funding them. Unfortunately, patent filing costs remain high and complicated, obstructing many from participating. The EU-funded Patwiser project aims to develop a novel patent drafting tool utilising state-of-the-art AI algorithms to include even more innovators and inventors.
Objective
The EU’s next innovation and research funding programme, Horizon Europe, will invest €100 billion of public money into research and innovation projects, and the commercialization process will be vital in enabling EU citizens to enjoy the social and economic benefits of this enormous investment. More than 3 million patent applications are filed annually worldwide, a figure that is increasing by approximately 8% each year. Despite this vast number of applications, the cost of filing a patent remains a substantial barrier to individual inventors, universities and research centres, and early stage SMEs who are pre-investment or have raised only a small seed round to fund initial product development.
Patwiser is a revolutionary patent drafting tool powered by cutting-edge AI algorithms that enables inventors and innovators to draft their own high-quality patent applications and patent attorneys to produce first-draft applications in 30% of the time for a manual drafting process. Patwiser’s simple workflow enables frictionless input of the key inventive concepts and experimental data, from which the user can generate a broad and relevant claim set in a semi-automated fashion. The software then uses advanced AI to automatically generate the other sections of the application in a format approved by the European Patent Office (EPO) based on analysis of a large database of applications in the same technical field. Patwiser will provide cost-effective access to the patent system to all and foster innovation across the EU.
The Phase 1 project aims to provide a full technical and commercial feasibility assessment including planning pilot demonstrations of the software and defining the go-to-market strategy. The subsequent Phase 2 project will aim to optimise the algorithms and localise the software, finalise the UX design, perform pilot demonstration and validation activities with potential clients and execute the communication and digital marketing strategy.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- natural sciences computer and information sciences databases
- social sciences economics and business business and management innovation management
- social sciences economics and business business and management entrepreneurship
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
35002 LAS PALMAS DE GRAN CANARIA
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.