Financial support to third parties

Are you an SME with innovative ideas but lack the funding to make them a reality? Financial support to third parties (FSTP), also known as cascade funding, may be the solution you are looking for. This mechanism, driven by the European Commission, allows you to access public funds in a more agile and simple way.

At Kaila, as experts in European funding, we want to help you make the most of this opportunity. That’s why we have created this article to explain what this type of financing is, how it works, and how you can access it.

What is financial support to third parties?

Financial support to third parties is a system for distributing European funds based on collaboration between different entities. The European Commission assigns the funds to a main entity, which in turn redistributes them to other intermediary entities, such as Kaila. These intermediary entities are responsible for managing the grant calls and selecting the companies that will receive the funding.

What are the advantages?

• More agile and simple process: The management of the grants is carried out at a local level, which reduces bureaucracy and speeds up the process.
• Greater accessibility: The calls are specially designed for SMEs, making them more accessible than general calls from the European Commission.
• Personalized support: Intermediary entities offer support and advice to companies throughout the application and execution process of the grant.

How can I access this type of financing?

At Kaila, we make it easy for you to these calls. On our website, you will find a section with ebooks containing the calendar of these calls, as well as guides and tips to help you prepare your application.

Are you ready to take the leap?

This type of funding may be the opportunity your SME needs to boost its innovative projects.

Currently, there are 77 calls published on Kaila’s website.