🌴 Canary Islands Government Announcements

Canary Islands Government Publishes Partnership Agreement to Support Entrepreneurial Training Programs

Published: November 6, 2025|economy-and-business|Gobierno de Canarias

Canary Islands Entrepreneurial Training Program

Overview

The Canary Islands government has officially published a collaboration agreement with the Foundation for Business Creation and Development (INCYDE) to launch fourteen entrepreneurial training programs across the archipelago.

This initiative aims to:

  • Boost self-employment
  • Support business consolidation
  • Provide practical courses on digital transformation, market opportunities, and business management

The programs are targeted at:

  • Local residents
  • Those seeking to start or strengthen small businesses

With a focus on:

  • Sustainability
  • Job creation

Funding and Strategic Goals

Funded largely by the European Social Fund Plus (FSE+), these activities seek to:

  • Address the island's high unemployment rates
  • Foster entrepreneurial skills
  • Encourage local economic diversification

Additional Focus Areas

The partnership emphasizes:

  • Developing networks among entrepreneurs
  • Supporting innovation
  • Enabling tailored mentorship for participants

Key Provisions

The agreement underscores the:

  • Strategic importance of entrepreneurship to the region’s socio-economic recovery
  • Provisions for monitoring, reporting, and transparency to ensure proper use of funds

Expected Impact

Its implementation could significantly:

  • Impact residents eager to start new ventures
  • Help create a more resilient, self-sufficient regional economy