Extension and Modification of Collaboration Agreement Between Canary Islands Employment Service and FUNCATRA
Canary Islands Government Extends Partnership with FUNCATRA
The Canary Islands Government announced an extension of its partnership with FUNCATRA to manage European-funded training programs aimed at boosting skills among the local workforce, especially in key sectors aligned with ecological transition goals.
The original agreement, signed in June 2023, scheduled to end in December 2024, has now been extended until June 30, 2026, to continue supporting initiatives financed by the European Recovery and Resilience Funds.
Key Aspects of the Extension
- This extension ensures the ongoing rollout of training projects for active workers, focusing on strategic industries and green transition skills, crucial for adapting the local economy to emerging environmental standards.
- The revised contract allocates around ā¬72,000 for FUNCATRAās management work for 2026, with payments split into two installments based on task completion.
- The extension also accounts for previous surplus funds, which will offset part of the costs, ensuring efficient use of available resources.
Significance
This move highlights the Canary Islandsā commitment to maintaining momentum in workforce development, even as European funds remain a key driver of local economic recovery efforts.
It also underscores the regionās focus on green skills, vital for its ecological transition and economic resilience in a changing world.