Improving the competitiveness of the business sector and the creation of stable employment in the Canary Islands is one of the key objectives of the 2025 Action Program of the Canary Agency for Research, Innovation and the Information Society (ACIISI), which allocates 12,717,044 euros to support business innovation.
From the Ministry of Universities, Science and Innovation and Culture, and as responsible for the R&D&I policies of the Government of the Canary Islands, ACIISI manages the public funds that finance R&D projects in the Canary Islands, both those of the regional Executive and those co-financed by European funds (ERDF, ESF) and state funds, in the field of scientific research, business innovation and the information society.
All these actions that contemplate Research, Development and Innovation in the Canary Islands are made known in an exercise of total transparency to the citizens, also contributing to the generation of a culture of R&D&I in the Canary Islands, understanding that they are pillars on which the prosperity of the regions is based, in a direct relationship between the level of R&D&I and that of the solidity of their industries and economies.
Thus, the ACIISI website details the information of the four major budgetary axes of the 2025 Action Program: Human Capital Researcher and Innovator; Support for Basic and Applied Research; Support for Business Innovation, and Deployment of the Information Society.
Also included are the other four major lines of work with objectives and budget allocated to promote the R&D&I ecosystem and digital transformation in the Canary Islands, such as: European projects captured in competitive calls (Interreg MAC Program 2021-2027), projects co-financed by ACIISI, leading European projects in which it participates, and other projects financed by the same entity.
Support for Business Innovation
With these ACIISI actions of Support for Business Innovation se seeks to improve the competitiveness of the productive fabric and the creation of stable employment in the archipelago.
This Program has as specific objectives CAC contributions to public entities that make up the R&D&I ecosystem; subsidy to strengthen and consolidate the Network of Innovation and Business Development Centers (RED CIDE), promotion of Public Procurement of Innovation; subsidies to companies for the realization of innovation projects in priority areas of the extended RIS3;
Social Innovation Program; subsidies to create, consolidate and improve scientific and technological infrastructures; subsidies for the realization of innovative projects by innovative business groups or Clusters; Canary Islands Stars Project – subsidies for the realization of incubation and acceleration projects of technology-based projects in the Canary Islands.