Canary Islands Youth Employment Funding Initiative

Overview

The Canary Islands government announced a new funding round aimed at boosting employment opportunities for young people.

Through this initiative, nonprofit organizations, foundations, and youth-focused groups can apply for grants to hire unemployed youth aged 18 to under 30 who are registered with the National Youth Guarantee System.

Funding Details

• The subsidies are designed to support internships that help young people gain valuable professional experience linked to projects of public and social interest.
• Funds cover salaries, with grants of approximately 31,000 euros for full-time, year-long contracts for higher-skilled positions.
• Grants of around 28,300 euros are available for slightly lower-skilled roles.
• An additional about 1,560 euros will help cover management and advertising costs.

Goals and Eligibility

"This move aims to tackle youth unemployment, a persistent challenge in the region, by directly financing job creation and training."

• Eligible applicants include private and public nonprofit entities based in the Canary Islands.
• Focus on youth policies aligned with regional law.

Budget and Co-financing

• The total budget for this call is 2 million euros.
• The initiative is co-financed by the European Social Fund Plus (FSE+), emphasizing the regional commitment to social inclusion and youth development.

Application Process

• Applications must be submitted online within 20 days of announcement.
• Required documents include proof of registration, previous employment requests, and legal representation.

Summary

This initiative offers a pragmatic pathway for organizations to create employment opportunities and foster social projects while supporting young professionals’ careers.