Canary Islands Government Approves €2.79 Million Grant to Jamelias, S.L.

The Canary Islands government has approved a significant direct grant of €2.79 million to Jamelias, S.L., a local business.

Purpose of the Funding

• Part of the 'Line Covid' support measures established under regional law.
• Aims to help small businesses and self-employed workers affected by the pandemic.
• Intended to sustain economic activity and provide liquidity amid ongoing economic challenges.

Application and Court Ruling

• Jamelias, S.L. applied for this aid in November 2021.
• Despite some earlier rejections, a recent court ruling acknowledged their right to the funding.
• The court called for authorities to recognize the date of application as the official submission date.

• "This decision emphasizes the importance of timely aid distribution in crisis times and may set a precedent for similar cases."

Disbursement and Conditions

• The aid will be paid in full upfront.
• The beneficiary must meet specific obligations:
  • Maintain activity.
  • Provide documentation to justify the use of funds.
• The government reserves the right to verify compliance through inspections and audits.

Overall Significance

• This measure highlights ongoing efforts by the regional government to:
  • Alleviate the economic fallout from COVID-19.
  • Support the resilience of local businesses.