Canary Islands International Business Scholarship Program (2025-2027)

Overview

• The Canary Islands government has officially announced the granting of 60 scholarships for the 2025-2027 International Business Scholarship Program.
• These scholarships aim to support young residents with university degrees in internationalization and investment attraction.
• Goals include building a network of specialized professionals to assist local companies in expanding globally or attracting foreign investment.

Funding and Structure

• Funded mostly by the European Social Fund (85%).
• The program includes both:
  • Theoretical training through a Master’s degree in International Business.
  • Subsequent practical internships.

Selection and Notification

• Selected candidates were identified through a competitive process.
• The final list was approved by the program’s Selection Committee in late February 2026.
• Beneficiaries will have five days from official notification to accept their scholarships.

• Failure to accept within this period will result in forfeiting their spot.

Collaboration and Support

• Involves collaboration with PROEXCA and the European University of the Canary Islands.
• Ensures administrative and logistical support.

Obligations and Goals

• Recipients must comply with obligations related to:
  • Funds usage
  • Reporting
  • Promoting equality and sustainability

Regional and EU Alignment

• Reflects the region’s commitment to boosting international business capabilities among its young workforce.
• Aligns with EU funding priorities for lifelong learning and economic innovation.

Overall Impact

• Aims to equip Canary Islanders with key skills needed for a competitive global market.
• Fosters economic diversification and resilience.