Canary Islands' Updated Grant Program Guidelines

Overview

The Canary Islands’ Ministry of Tourism and Employment has introduced updated guidelines for grant programs aimed at supporting social economy entities and fostering employment. The changes are part of efforts to make funding processes clearer and more secure, especially for cooperatives and social enterprises.

Key Adjustments

• Organizations must be properly registered in public records.
• Subcontracting is limited to prevent over-reliance on a single service provider.
• Caps are set on eligible costs such as travel, advertising, and external services.

Objectives

These reforms aim to:

• Streamline how applications are processed and justified.
• Ensure funds reach projects that contribute directly to local employment initiatives.
• Maintain a fully online process for the 2025 funding cycle to save time and ensure transparency.

Eligible Expenses

The updated rules clarify the criteria for eligible expenses, including:

• Staff salaries
• Travel activities
• Promotion activities

Specific limits are in place to prevent overspending.

Subcontracting

• Permissible but limited to 50% of activities with the same provider.
• Encourages diverse collaborations.

Implementation & Focus

The order’s swift implementation underscores the government’s focus on transparent, efficient aid distribution to strengthen the social economy and generate new jobs in the region.