Canary Islands Strategic Plan for Audiovisual Sector Grants (2024-2027)

Overview

The Canary Islands government has officially approved a second modification to its Strategic Plan for Audiovisual Sector Grants, covering 2024 to 2027. This update introduces a dedicated €264,444 fund to support cinemas, aiming to boost local film culture and attract new audiences.

This move follows a series of earlier decisions, including:

• Initial approval of the plan in September 2024
• Subsequent adjustments in May 2025.

Funding and Objectives

• The new funding line aligns with the wider regional effort to foster the audiovisual industry.
• It attaches importance to cinema activity as a cultural and economic driver.
• It follows legal guidelines requiring the government to outline clear objectives, costs, and funding sources for subsidies, ensuring transparency and strategic planning.

Goals

• To strengthen the sector’s infrastructure.
• To reinforce cultural vitality in the Canary Islands.
• To diversify public support in the arts.
• To adapt policies to sector needs while maintaining budget stability.

Implementation and Impact

• The plan's update will be published officially.
• It will make the funding accessible to local cinemas and industry stakeholders.
• It aims to position the islands as a vibrant hub for audiovisual creativity.

Summary

This initiative reflects ongoing efforts to support and develop the audiovisual sector in the Canary Islands through targeted funding, strategic planning, and policy adaptation to foster local cultural and economic growth.