Canary Islands Approve Full Funding for COVID Business Aid Recipients
Canary Islands COVID-19 Relief Funds Confirmation
Overview
The Canary Islands government has officially declared full justification for COVID-19 relief funds allocated to local businesses and autĆ³nomos (self-employed workers) on Gran Canaria.
The aid, part of Spainās broader emergency support measures, was disbursed under the 'LĆnea Covid' program, with a total of over 305,000 euros verified as properly used.
Review Process
This confirmation follows a review process that required beneficiaries to submit supporting documentation by March 2022.
Recently, authorities issued a notice on May 29, 2024, requesting additional proof from recipients, ensuring transparency and proper use of funds.
Beneficiaries then had ten working days to comply.
Impact and Details
The decision impacts small businesses, especially those with fewer than 50 employees, who received aid based on pandemic-related income drops.
The resolution, published on May 29, 2025, by the Director General of Economic Promotion, confirms that all recipients listed in the annex have fully met their obligations.
"This move reinforces the Canary Islandsā commitment to safeguarding public funds amid economic recovery efforts."
Significance
It also highlights ongoing oversight measures to prevent misuse and ensure that aid directly supports businesses struggling from COVID-19 downturns.
For residents and business owners, this guarantee of proper fund allocation boosts confidence in government support systems as the region continues to rebuild its economy.