Canary Islands Grants €5 Million Subsidy to Provive, S.L.

The Canary Islands government has officially granted a 5 million euro direct subsidy to Provive, S.L., recognized as part of the COVID-19 relief measures aimed at supporting small businesses and autonomous workers affected by the pandemic.

This aid, financed by Spain's central government, was awarded following a series of legal processes and appeals that reaffirm the entity's eligibility despite earlier setbacks.

In 2021, Provive, S.L. applied for aid under the special COVID-19 support program but faced administrative dismissals which were later challenged in court. A 2024 sentence from the Superior Court of Justice of the Canary Islands subsequently ordered the authorities to recognize the company's right to the funds.

Key Points of the Resolution

• The resolution approves the immediate transfer of the full €5 million.
• It sets obligations for Provive, including:
  • Maintaining economic activity.
  • Providing detailed financial documentation.
  • Complying with transparency rules.
• It also states the company must be up-to-date with tax and social security obligations to qualify for payments.

Significance

This decision highlights how legal challenges and judicial rulings continue shaping pandemic support initiatives, crucial for many local businesses still recovering from economic disruptions caused by COVID-19.

For residents and entrepreneurs, the ruling underscores government accountability and the ongoing importance of legal oversight in public aid distribution.