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Published on | 4 years ago
ProgrammesCascade funding, also known as Financial Support to Third Parties (FSTP), is a mechanism of the European Commission to distribute public funds in order to assist startups, scale-ups, SMEs and/or mid-caps in the uptake or development of innovation.
FSTP is a SME-friendly application scheme which allows that some EU-funded projects may issue, in turn, open calls for further funding. Currently, only the Horizon and Digital programmes may foresee the use of this feature.
All registered cascade funding calls are now available on the Funding & Tenders Portal: Search Funding & Tenders (europa.eu)
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Funded under Horizon Europe (HORIZON-CL5-2022-D5-01-02), running from 2023 to 2026, AENEAS advanced the development of innovative electric energy storage solutions tailored for waterborne transport. The project has also created tools & platforms to support the optimal integration of new energy storage systems into vessels, assess their impact on overall system efficiency, and quantify potential reductions in greenhouse gas emissions. The project consortium, led by Flanders Make, consists of 14 partners from 8 countries. Read more about the project in this testimonial.