Canary Islands' ‘Zero Quota’ Grants for Self-Employed Workers in 2025

Overview

The Canary Islands' government has approved €185,699 in non-competitive 'zero quota' grants aimed at supporting self-employed workers in 2025.

These grants, part of a broader initiative to encourage new entrepreneurial activities, are managed by the public entity Instituto Tecnológico de Canarias (ITC).

A total of 200 autonomous workers, listed in the approved annex, will receive these funds to help establish or expand their businesses.

Purpose and Context

This funding comes amid ongoing efforts to boost local entrepreneurship and economic resilience across the islands.

The grants are designed as aid under the EU's 'de minimis' regime, meaning they are small enough not to distort competition, and are intended solely to offset activity costs.

Recipient Criteria and Obligations

Recipients are required to:

• Meet specific criteria
• Maintain proper documentation for four years
• Comply with transparency rules, such as publicizing their aid

Failure to adhere to these obligations could result in reimbursement demands.

Publicity and Privacy

The public announcement of grant recipients will be published in the official Canarian bulletin, with further notifications allocated for sensitive cases like victims of violence or terrorism to protect their privacy.

Significance

This initiative reinforces the government’s commitment to supporting local entrepreneurship, especially during a period of economic recovery and transformation for the Canary Islands.