The goal of this project is the detailed investigation of hadronic matrix elements relevant for exclusive b-decays. This includes mesonic and baryonic transition form factors which will be calculated in the framework of QCD light-cone sum rules. Moreover, we will improve our understanding of light-cone distribution amplitudes for light and heavy hadrons on the basis of model-independent parameterisations. In this way, we will increase the precision of the theoretical predictions for various heavy hadron decays.