Canary Islands Launch €2 Million in EU-Funded Innovation Grants for 2025
Published: October 9, 2025|technology-and-innovation|Gobierno de Canarias
Canary Islands Innovation Grants Announcement
Overview
The Canary Islands government has announced the distribution of 2 million euros in grants aimed at supporting innovative projects across the region. These subsidies are part of a broader plan to boost research and technological development aligned with the European Union's goals for a smarter, more competitive Europe.
The funding is cofinanced by the EU's FEDER program, covering up to 85% of eligible costs, and prioritizes digital transformation and advanced technology integration.
Funding Details
- Total amount: 2 million euros
- Cofinanced by: EU's FEDER program
- Coverage: up to 85% of eligible costs
- Priorities: digital transformation and advanced technology integration
Application Process and Transparency
- Call for proposals issued: March 2025
- Funding awards announced: July 2025
- Some projects awarded funding; others declined due to budget limitations
- Decisions and approvals published in the official government bulletin for transparency
Impact and Goals
"This investment is a significant push towards modernizing the local economy and fostering innovation-driven growth."
- Modernize the local economy
- Promote innovation-driven growth
- Transform the islands into a regional hub for research, digitalization, and technological advancement
- Generate more opportunities for local businesses to develop cutting-edge solutions
- Strengthen the economy and create new jobs in high-tech sectors
Conclusion
These grants represent a concrete step toward realizing the EU's digital and innovation goals within the Canary Islands’ regional context.