International Business Scholarships Program in the Canary Islands

Overview

The Canary Islands government has announced the updated regulatory framework for a new International Business Scholarships Program, co-funded by the European Social Fund Plus (Fondo Social Europeo Plus Canarias 2021-2027).

Program Objectives

• Provide advanced training through a Master in International Business or an equivalent postgraduate degree.
• Enhance skills and employment prospects for aspiring international business professionals.
• Foster regional development.

Participation Criteria for Universities

• Offer a comprehensive curriculum of at least 60 ECTS.
• Have expertise in online teaching.
• Demonstrate a proven track record in graduate employment and online education.

Selection Process

• Involves a public call.
• The highest-ranked institutions will be awarded the opportunity to provide training.
• The training will be fully funded by the program.

Benefits to Beneficiaries

• Receive training at no direct cost.
• Universities will cover tuition fees directly to educational providers.

Program Responsibilities and Transparency

• Participating universities must:
  • Track student attendance.
  • Report academic progress.
  • Adhere to EU funding regulations.

Impact

This initiative offers a significant boost for local universities and aspiring international business professionals in the region, enhancing skills and employment prospects while fostering regional development.