2-day training session to fully familiarise with all the activities related to Financial Support to Third Parties within an EU-funded projects
Course Description
Explore the full potential of Financial Support to Third Parties (FSTP) within DG INTPA/DG NEAR-funded projects in this comprehensive 2-day training session. The course starts delving into the framework for FSTP implementation, to cover its main aims, various forms, general rules and the contractual relationship between grant beneficiaries and recipients of financial support. It then concentrates on the design of actions with FSTP components, integrating them into the entire project and outlining effective selection and award processes. After this overall introduction, the course focuses on the implementation of FSTP as part of a fully-fledged capacity development programme, including the monitoring results and the reporting processes. It provides comprehensive insights into evaluation approaches, monitoring tools, and key checks for expenditure verification. Practical examples and discussions will enhance your ability to navigate the Guidelines for Applicants and ensure compliance with EU rules throughout the FSTP lifecycle. You will be able to share experiences with other participants on the set-up and use of control and monitoring mechanisms. Finally, PuntoSud facilitators with long-standing experience in managing FSTP, will share their tips and tricks on how to report about Financial Support to Third Parties in the narrative and financial reports to be submitted to the EU.
Learning objectives
By the end of the virtual classroom, you will:
- Know what is Financial Support to Third Parties and its main aim
- Be aware of where to find relevant information and specific requirements in the Guidelines for Applicants
- Be able to provide the right and complete information in the concept note and full application formats, including the budget
- Ensure full compliance of the management of the FSTP component with the applicable EU rules, including monitoring & reporting.
