Cascade Funding is an EU initiative aimed at distributing public funds to boost digital innovation, empowering SMEs to drive impactful change in digital transformation.
What is Cascade Funding?
Cascade Funding, also known as financial support for third parties (FSTP), is an innovative funding mechanism introduced by the European Union to streamline the distribution of public funds.
Its primary aim is to accelerate digital innovation across Europe by providing targeted financial support to organizations driving technological advancement and applied research. Unlike traditional EU grant schemes, the program operates through intermediary managing entities. These entities distribute funds to final beneficiaries by launching specific calls for proposals tailored to predefined goals and sectors.
The calls for proposals are typically open on a rolling basis, giving organizations flexibility to apply when opportunities align with their project timelines and objectives. Eligible applicants include small and medium-sized enterprises (SMEs), startups, and other organizations that meet the criteria set out in each funding call.
Explore currently open Cascade Funding opportunities here.
Supported Projects
Cascade Funding is designed to support a wide range of projects, primarily those focused on developing innovative technologies, conducting applied research, and improving or scaling up existing processes in emerging industries. The initiative places significant emphasis on digital transformation, particularly in sectors such as Industry 4.0, energy efficiency, sustainability, and healthcare innovation.
Funding amounts are generally between €50,000 and €300,000, which makes the program well-suited for small-scale, high-impact projects. This flexibility ensures that funded initiatives can address specific challenges, test new ideas, or advance technological breakthroughs without requiring large-scale financial commitments.
Benefits of Cascade Funding
Organizations participating in Cascade Funding gain access to a range of advantages that make it a more attractive option than traditional funding schemes:
- Simplified Application Processes: The application and evaluation procedures are designed to be straightforward, minimizing the administrative workload for applicants.
- Higher Success Rates: The program typically has higher success rates than conventional EU grants, thanks to its targeted and niche focus.
- Equity-Free Financing: Beneficiaries receive funding without giving up equity, enabling them to maintain full ownership and control of their projects or businesses.
- Additional Support: Beyond funding, many managing entities offer mentorship, business acceleration programs, and access to international networks, enhancing the value of the initiative.
Seek Help to Apply to EU Cascade Funding
Whether you are a startup looking to scale, an SME aiming to innovate, or an organization developing new technologies in pioneering fields, the program provides an excellent opportunity to turn your vision into reality while benefiting from EU-backed support systems.
Ready to explore how Cascade Funding can support your project? Start by checking the current open calls or reaching out to us for further guidance!
About the Author
Karen Wessinger
Karen Wessinger is an European affairs consultant who has been providing strategic advice and communications support to associations and companies in a variety of sectors. She has 13+ years experience in advisory services and advocacy projects particularly in the health, food, consumer and financial services sectors.
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