Canary Islands Research Infrastructure Funding

Overview

The Canary Islands government announced the allocation of €2 million for research infrastructure and scientific equipment, cofinanced by the European Union's FEDER program. This funding aims to boost innovation and research capacity in the region, supporting a more competitive and technologically advanced economy. The grants cover up to 85% of project costs and are part of a broader plan to foster digital transformation and technological growth.

Regulatory Process

• The approval comes after a series of regulatory steps earlier in the year:
  • Initial base regulations in April
  • Call for proposals in May
  • Extension granted in July to allow more time for applicants
  • In November, the government announced the recipients of the funding and disclosed projects that did not receive support, ensuring transparency and proper resource allocation.

Objectives and Impact

• This targeted investment aligns with Spain's wider efforts to modernize its research infrastructure and promote innovation, critical for maintaining economic growth and technological leadership.
• For residents and businesses, enhanced research facilities could mean:
  • New opportunities
  • State-of-the-art innovations emerging from the region.

Summary

The funding supports innovation, research capacity, digital transformation, and technological growth in the Canary Islands, with an emphasis on transparency and strategic resource allocation.