Youth Employment Initiative in the Canary Islands

Overview

The Canary Islands government announced the official publication of XReality Factory, S.L.'s commitment to a new job training initiative.

• The company has joined a regional collaboration aimed at helping young people with degrees gain practical work experience through non-labor internships.
• This move is part of the 'Cataliza VII' project, designed to boost youth employment and ease the transition from education to the workforce.

Key Participants and Timeline

• The agreement was originally signed in July 2024, involving:
  • the Canary Islands Employment Service
  • the Canary University Foundation
  • the Canary Employers Confederation
• Recently, in June 2025, XReality Factory officially adhered to the same agreement, further expanding participation in this initiative.

Significance and Goals

This development is significant for young residents looking to enter the workforce, as it highlights local efforts to create accessible pathways to employment.

• Companies' involvement in such programs enhances practical training opportunities, especially for degree-holding youth without prior work experience.

Government and Community Impact

By publicizing these commitments, the regional government promotes transparency and encourages other organizations to contribute to employment-support initiatives.

"These collaborations could help reduce youth unemployment rates and strengthen the regional economy."

• As part of broader efforts, these collaborations aim to:
  • help reduce youth unemployment rates
  • strengthen the regional economy