The Canarian Government has announced a further tranche of support for local businesses and the self employed. A total of €84 Million has been made available to pay direct grants to the self employed and SME’s in sectors most affected by the pandemic.
This support is available for businesses where their turnover fell by more than 30% in the second half of 2020, versus the same period in 2019. Applications must be made between 10th March 2021 and 8th April 2021.
There are several different types of support available, depending on the size of the business, and whether or not there are employees.
The amount of the grants ranges from just over €1000 to a maximum of €25,000. The amount is calculated based on three criteria:
- A calculation based on fixed costs and overheads
- Number of employees
- The percentage of loss of turnover, with more money being allocated to those affected the most
Our friends at Cámara Lanzarote and La Graciosa, the local chamber of commerce, have pulled together all the information and are offering help and advice.
The first step is to check to see if your activity is eligible: Activities.
Once you’ve established that, you can visit this page on the Cámara website to begin the application process: Ayuda del Gobierno de Canarias.
You will need a digital certificate to complete the forms.
Cámara Lanzarote and La Graciosa cannot complete the application for you, but they can offer help and advice via their Freefone number 900 909 519. One of their team, Gina, speaks English and can offer general advice.
This video explains the process: