Canary Islands Industry 4.0 Funding Program

Overview

The Canary Islands’ government has launched a new funding program to boost Industry 4.0 technologies within the local industrial sector. With a budget of nearly 3.9 million euros, backed by European Union funds through the FEDER Canarias 2021-2027 program, this initiative aims to make Canary industries more competitive and digitally advanced.

Application Details

• This call for applications is open for one month from April 25, 2026.
• Applicants must submit their requests electronically via the official regional platform, ensuring a smooth and transparent process.

Focus and Eligibility

• The initiative emphasizes supporting companies that adopt modern digital practices, including:
  • Automation
  • Data exchange
  • Smart manufacturing
• Funding can be used for specific projects under the outlined regulatory framework.
• There is the possibility of receiving advance payments for approved projects.
• Eligible expenses will be meticulously audited to ensure proper use of funds.

Broader Context and Benefits

"This initiative reflects Spain’s broader push to foster technological innovation and digital transformation, critical for regional economic resilience."

• Access to funding promotes technological growth.
• It helps local companies adapt to future economic challenges.
• The move aligns with the EU’s goal of fostering a smarter, more competitive Europe by leveraging digital tools in industry.
• For residents and businesses in the Canary Islands, this program promises tangible opportunities to modernize and energize local manufacturing and industry sectors.