Cascade Funding

We organize and manage open calls. Via cascade funding mentoring we offer business opportunities beyond ordinary. Cascade funding or also known as Financial Support for Third Parties is a European Commission mechanism to distribute public funding in order to assist beneficiaries, such as start-ups, scale-ups, SME and/or mid-caps.

This funding method aims at simplifying the administrative procedures, creating a light, SME-friendly application scheme, by allowing that some EU-funded projects may issue, in turn, open calls for further funding. This scheme was first introduced by the European Commission in Horizon 2020, the Framework Program for Research and Innovation (2014-2020).

Horizon 2020, allocates almost 800.000 € in cascade funding calls. This means that it provides each third party with funding ranging from 50.000 to 150.000€, in equity free funding. The main focus areas of Horizon 2020 are:

  • Building a low-carbon, climate resilient future
  • Connecting economic and environmental gains – the Circular Economy
  • Digitising and transforming European industry and services
  • Boosting the effectiveness of the Security Union

As it is a little known funding mechanism, the possibilities of successive proposals are greater than in others European Open Calls.

So, if you are an mid-cap or SME specializing in ICT, IT, Hubs or somehow engaged to the above topics, please contact us