Canary Islands Government Increases 'New Employment Opportunities' Grants

Overview

The Canary Islands government has announced an increase of 1.7 million euros to its 'New Employment Opportunities' (NOE) grants, aimed at boosting job prospects for unemployed young people and those seeking their first job.

This funds a total of nearly 11.7 million euros dedicated to supporting internships and employment contracts for job seekers, with a focus on integrating them into the local labor market.

Funding and Allocation

• The additional funds will be specifically allocated to programs co-financed by the European Social Fund Plus (FSE+), under the long-term 2021-2027 financial framework.
• The move aims to create more opportunities for youth employment, addressing the ongoing challenge of high youth unemployment in Spain.

Implementation Details

• This measure does not open a new application period but is effective immediately following the official publication.
• Local residents and job seekers should note that these funds are directed toward fostering easier entry into the workforce for vulnerable groups, which could lead to increased employment opportunities in the region.

Jéssica del Carmen de León Verdugo, the President of the Canary Islands, emphasized the government's commitment to tackling youth unemployment.

Summary

The initiative highlights the Canary Islands government’s dedication to improving employment prospects among youth and vulnerable groups by increasing financial support for relevant programs and ensuring immediate implementation.