Canary Islands Launch International Business Scholarships for Young Graduates
Canary Islands New Scholarship Program for Young Graduates
Overview
The Canary Islands government has announced a new scholarship program aimed at young university graduates in the region. The initiative seeks to train graduates in international business and investment attraction, boosting the local economy by creating a network of specialists who can assist both Canary Island companies with their international expansion and foreign investors interested in the archipelago.
Applicant Criteria
Applicants must meet specific criteria, including:
- Holding a university degree
- Possessing a high-intermediate level of English (B2)
- Having resided in the Canary Islands for at least two years
- Being nationals of EU countries
- Being legally unemployed or employed
- Being born after January 1, 1997
Additional language skills, such as French, Portuguese, or German, are a plus.
Program Structure
The program has two phases:
- A theoretical masterās course valued at ā¬2,500
- A practical internship abroad, with participants receiving a monthly stipend based on the destination country
This covers:
- Travel
- Accommodation
- Visa fees
- Social security contributions
Application Process
- Submissions are open for 20 days
- Applications must be submitted via the regional governmentās online portal
Objectives and Benefits
"This initiative underscores the Canary Islands' commitment to enhancing its international profile and attracting foreign investment through specialized local expertise."
It offers young graduates a unique chance to:
- Gain globally recognized training
- Acquire practical experience
- Potentially open pathways to long-term career growth on the islands