The Ministry of Tourism and Employment of the Government of the Canary Islands, through the Canarian Employment Service (SCE), has opened the call for aid to implement projects of ‘Promotion of the Development of Economic Activity’ (PRODAE) in the Canarian municipalities, aimed at promoting entrepreneurship in the islands during the period 2025-2028.
The subsidy line has a budget of 2.2 million euros per year, therefore the total amount amounts to more than eight million euros in the four years of the program. Entities linked to or dependent on the town councils that carry out actions to promote and develop local employment, as well as the associations of municipalities dedicated to this purpose, may apply for these grants.
“The objective of the PRODAE is to promote and support the creation of business initiatives in the Canary Islands, offering through the municipalities a comprehensive service that ranges from support in the early stages to the acquisition of skills that allow the company to consolidate”, explained the Minister of Tourism and Employment of the Government of the Canary Islands, Jéssica de León, who stressed that the program responds to the framework collaboration agreement signed between the SCE and the Canarian Federation of Municipalities (Fecam).
In this way, the beneficiary entities must promote projects that include among their main areas the advice for the creation and implementation of business activity; user support; the promotion of services to the different productive sectors, -such as commercial, primary or industrial-, and all those that contribute to the generation of economic activity and the maintenance of employment.
The director of the SCE, María Teresa Ortega, pointed out that the business initiatives that receive this advisory service may have the form of self-employment or any other legal form (cooperatives, labor companies, public limited companies, limited companies or community of property). “In any case, they must contribute to the development of the local economy, strengthening new employment niches or sectors that are considered strategic in the municipality”, she pointed out.
The deadline for submitting applications will remain open until January 16 and must be registered through the electronic office of the Government of the Canary Islands. Local entities must complete the subsidy application, together with the adhesion to the agreement for the projects to be executed in 2025.
