Canary Islands Government Signs Collaboration Agreement with EMERGE to Support Tech Startups in Madrid
Canary Islands and EMERGE Partnership
Overview
On March 11, 2026, the Canary Islands government formalized a partnership with EMERGE, an association representing the regional startup ecosystem focused on deep tech and innovation. This agreement, published officially on March 24, aims to position the Canary Islands as a key player in applied R&D and knowledge transfer within Madrid, Spain's major business hub.
The collaboration will facilitate:
- Information sharing
- Project attraction
- Networking for Canary Island startups
This support will help startups access national investment opportunities and increase their visibility.
Support and Commitments
Through the arrangement, the Canary Islands delegation in Madrid will provide:
- Office space
- Logistical support
to EMERGE, enabling dedicated staff to advise startups on:
- Navigating regional tax regimes
- Funding instruments
EMERGE commits to:
- Guiding startups and investors
- Reducing risks
- Translating local economic frameworks into actionable opportunities.
Goals and Oversight
This initiative aims to:
- Boost Canary Islands' presence in Madrid's innovation scene
- Attract high-impact technological startups
- Strengthen institutional ties with national investment networks
A joint oversight committee will monitor progress, ensuring the partnership delivers tangible benefits for the regional innovation ecosystem.
Duration and Strategic Focus
- The agreement is for two years, with potential extension for two more years.
- It underscores Canary Islands’ strategic focus on fostering technological entrepreneurship and research collaboration in key economic centers.