Canary Islands' New Subsidies for Employment and Skill Development

Overview

The Canary Islands’ tourism and employment department has announced a new round of subsidies aimed at boosting employment and skill development among the unemployed.

The government is allocating over 25 million euros to fund the 'Planes de Formación y Empleo' (PFAE), which combine on-the-job training with active employment opportunities for young people and other job seekers.

Program Details

• Each approved project will serve up to 15 participants, providing them with valuable work experience and professional training in real-world environments.
• To qualify, organizations must demonstrate successful employment placements during the same period in previous years, ensuring that projects effectively help participants find jobs.

Funding and Application Process

• Funding comes from the Spanish central government, with payments issued in installments based on project progress.
• The application process is now open, with a 20-day window for organizations to submit their proposals online.

Objectives and Impact

The government aims to streamline the process and expedite support to help residents gain employment quickly, especially in a region heavily reliant on tourism and facing economic challenges.

This initiative underscores the government’s commitment to labor market revitalization and social support.

Benefits for Residents and Expats

• More opportunities for youth and long-term unemployed to acquire skills.
• Step into the workforce with support backed by significant public investment and streamlined procedures.