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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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Bio Base Europe Pilot Plant coordinated the Glaukos project, which answered the call topic published in 2019 of Horizon 2020 Framework Programme ‘Develop bio-based fibres and/or functional molecules to improve the performance of textile products’ under the Framework of the Bio-based Industries Joint Undertaking (BBI JU). The consortium partners took up this challenge by valorising industrial side streams and setting up a circular approach to the textile industry.
