Tourin Europeo, owned by Arantxa Mañaricua, has successfully secured funding for a major investment project, unlocking €300.000 in non-refundable grants from the Canary Islands Government's regional development programs. This funding, intended to strengthen the company's competitiveness and business sustainability, represents a significant financial boost for its operations in the archipelago.
The aid was granted under 'Line 3', a strategic initiative designed to foster the creation and growth of businesses in the Canary Islands. The program has strong support from the European Union, with an 85% co-financing rate provided through the European Regional Development Fund (ERDF), demonstrating the EU's commitment to economic diversification in the outermost regions.
According to the official resolution, dated August 27, 2026, Tourin Europeo demonstrated a total eligible investment of €1.120.000. Based on the specific criteria of the call for proposals, the company met the requirements for a subsidy rate of 48% of its justified expenditure. This calculation resulted in the final approved subsidy amount of €300.000, which is now authorized for disbursement following verification of all documentation by the Directorate General for Economic Promotion and Diversification.
This financial support is part of a broader effort by the Canary Islands Government's Ministry of Economy, Industry, Trade, and Self-Employment to stimulate private sector activity and improve the region's overall business ecosystem. The resolution marks the end of the justification phase of the 2025 aid cycle, allowing beneficiaries like Tourin Europeo to proceed with their planned growth initiatives.
