Correction of Errors in Funding Regulations for Canary Islands Innovation Projects
Canary Islands Government Corrects Grant Regulation for Innovation Centers
Summary of the Correction
The Canary Islands government has officially corrected a technical mistake in a key regulation governing grants for innovation centers. The order, published on October 23, 2025, clarifies that beneficiaries can justify their expenses simply by providing a detailed list of costs—no additional documentation is needed.
"This change aims to streamline processes and make it easier for companies and research groups to access funding aimed at boosting digital transformation and innovation through the Regional Development Fund (FEDER Canarias 2021-2027)."
Impact of the Modification
- The modification impacts the guidelines on how recipients report their expenses.
- It specifically removes the need to present receipts or invoices for certain costs, as long as they are listed clearly.
- The adjustments will apply to future calls for projects.
- This change could lead to more efficient management and quicker approval of grants.
Goals and Expectations
These grants are central to regional strategies for:
- Developing advanced research capacity
- Upgrading technological infrastructure
The government emphasizes transparency and proper documentation, but this correction seems set to make grant execution less burdensome, encouraging more entities to participate in the regional innovation network.