How Island Economic Development Counselors 2010
The Cabled de Tenerife allocated 220,000 euros to launch 100 new business initiatives through the annual call for grants and to allow the creation of 233 jobs, as reported in a statement insular institution.
The counselor island of Economic Development, Trade and Employment, Refrain Medina, said that “now more than ever we must support the implementation of new business initiatives that pique the entrepreneurial spirit to develop the island’s economy.” Precisely, and as a means to support the creation of new businesses, the council convenes every year a line of support for the financing of entrepreneurship, “thereby facilitating the generation of stable employment and productive innovation insular.”
The projects presented are related to different economic sectors, but predominantly in the field activities of the services and retail. In particular, they highlighted the number of enterprises run by the catering sector (cafes and restaurants), retail, business services (consulting, advisory services) and people such as hairdressers and beauty centers, alternative therapies, sport or training. Also have been other industry-related projects such as the establishment of enterprises manufacturing wooden toys, gofer mill, fruit packaging, among others. Most of these companies constitute the legal form of the individual entrepreneur and to a lesser extent, as limited partnerships.
The Cabled of Tenerife has earmarked this year a total of 220,000 euros to finance part of the cost of providing, commissioning and initial start-up companies. The amounts to be charged amount to a maximum of 6,000 euros to finance current expenditure and the same amount for investment, although such subsidies may be increased in the case of employing people with disabilities.
As specified in the rules of the call could be eligible for such assistance to new firms that generate stable jobs, which have economic and financial viability and that the case of companies with fewer than 50 workers.








