Government approves aid to the self-employed and SMEs up to 25,000 euros


Government approves aid to the self-employed and SMEs up to 25,000 euros

Self-employed and SMEs (Small and Medium Enterprises) that have seen their income fall by at least 30% in the second half of 2020, will be able to benefit from direct aid from the Canary Islands Government that ranges between 1,000 euros and 25,000 euros. This is stated in the decree-law approved yesterday (Monday) at the Governing Council meeting.

After delaying the announcement last Thursday to introduce improvements, which now has an initial budget of 85 million to help the situation of the sectors most affected by health restrictions derived from the pandemic.

As the president, Ángel Víctor Torres, pointed out, this amount may increased, and the details of this initiative will be published in the Official Gazette of the Canary Islands (BOC) today.

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