🌴 Canary Islands Government Announcements

Canary Islands Expanding Volcano Relief Grants to Support Local Businesses

Published: June 26, 2025|economy-and-business|Gobierno de Canarias

Canary Islands Government Announces Increased Emergency Grants

The Canary Islands government has announced a significant increase in emergency grants aimed at helping businesses and self-employed individuals affected by the ongoing volcanic eruptions on La Palma.

Funding Details

  • Originally set at 3 million euros
  • Boosted by nearly 1.67 million euros
  • Total funding for 2025: over 4.66 million euros

Rationale and Impact

This move comes as authorities recognize a high volume of subsidy requests from local entrepreneurs still battling the economic fallout from last year's volcanic activity.

"The additional funds will allow more businesses to access critical financial aid during the recovery period."

  • The increased funds will support economic resilience in the region.
  • The region has faced unique challenges due to the volcanic crisis.

Application and Support

  • The increase does not reopen the application window.
  • It adds more funding within the existing deadline, ensuring swift support for those already in process.

Additional Information

  • Officially published on June 26, 2025.
  • The measure reflects ongoing commitment to help local enterprises bounce back from natural disasters.
  • Highlights the government’s proactive approach to crisis management in this remote yet economically vital part of Spain.