Cascade funding in Horizon Europe

Cascade funding, also known as Financial Support for Third Parties (FSTP), is a Commission mechanism to distribute public funding in order to assist beneficiaries, such as start-ups, scale-ups, SME and/or mid-caps, in the uptake or development of digital innovation.

As TC Praha informs, these open calls are published on the Funding & Tenders portal and on the websites of individual projects, i.e. providers. Up to several dozen calls are open on an ongoing basis. The amount of grants is usually up to 60 thousand euros and the project implementation period is usually less than 1 year.

Eligible applicants are mainly SMEs, but many calls are open to all innovators, regardless of the type of organisation. As a rule, applicants do not have to form a project consortium. Filling out the application for a cascade grant is usually not time-consuming.

For more information, please contact Lenka Švejcarová, NCP for Cluster 4, svejcarova@tc.cz.

If you wish to understand it better, explore the presentations on the Portal of European NCPs.

Source: TC Prague