Canary Islands Announces €7 Million Funding Boost for Employment and Social Integration

Overview

The Canary Islands government has announced a substantial funding boost of 7 million euros aimed at boosting employment and social integration for vulnerable groups. The funds will be distributed mainly across programs focusing on employment insertion and support for individuals facing social exclusion, backed by the European Social Fund Plus.

Budget Breakdown

• Most of the budget, 6.8 million euros, will cover salaries for companies hiring or extending contracts for at-risk individuals, especially in insertion businesses that help vulnerable populations find work.
• An additional 75,000 euros will aid the permanent integration of people who previously held jobs in insertion companies.
• 125,000 euros incentivize businesses that successfully transition these workers into the regular job market.

Application and Eligibility

Organizations interested in participating must meet specific criteria outlined in the recent government order and submit their applications electronically within ten business days from the publication date.

"The program targets a wide range of entities involved in social inclusion and employment initiatives, reinforcing the region's commitment to fostering opportunities for disadvantaged residents."

Purpose and Context

This move underscores ongoing efforts to combat social exclusion and promote economic activity among marginalized groups in the Canary Islands, especially important as the islands aim to recover and grow post-pandemic.