The Tenerife Consumption Bonds can now be purchased and started to be exchanged in stores. In just an hour and a half since its launch, early yesterday morning, some 2,000 had already been sold, which demonstrates the success of the initiative. The counselor of Employment and Socioeconomic Development, Carmen Luz Baso, explains that the Cabildo, in order to encourage consumption in small businesses on the Island, puts bonds worth 600,000 euros on the market, which can be exchanged until the next day 30, with direct discounts of up to 60 euros
The campaign is managed by the Insular Foundation for Training, Employment and Business Development (Fifede). Until the end of the month you can purchase and redeem these bonuses, which are already available on the website www.bonotenerife.es.
Baso explains that Another objective of the initiative is “to collaborate with families at a time when inflation affects household economies.” More than 300 establishments have already joined this campaign, whose membership period is still active.
A maximum of two bonds
Each consumer will be able to use a maximum of two vouchers in each purchase, regardless of their value, so it will be possible to obtain discounts of up to 60 euros in a single purchase. The business will receive 50% of the value of the redeemed vouchers within a maximum period of two weeks, from the date of purchase. The term to acquire the bonds and exchange them in the establishments adhering to the program will be open until the next day 30, unless the budget is exhausted beforehand.
The bonds, with a total value of 600,000 euros, will go directly to shops, cafeterias, restaurants and service providers.
The area launches a new line of aid worth 320,000 euros aimed at associations
Bonds with amounts of 10, 30 and 60 euros have been put up for sale in which the Cabildo pays 50%, while the other half must be paid by the consumer in the establishment.
On the other hand, within the same policy to improve the competitiveness and innovation of the sector, the area presented the new aid amounting to 320,000 euros for projects of associations, federations and business confederations that benefit a minimum of twenty associates.
Minister Carmen Luz Baso presented this line of subsidies to representatives of the island’s business sector, with which she wants to promote the implementation of projects aimed at improving competitiveness, innovation and business cooperation. The meeting was attended by representatives of the Association of Self-Employed (ATA), the Association of Young Entrepreneurs (AJE), the Circle of Entrepreneurs of the South (CEST) and the Association of Entrepreneurs of Santa Úrsula (SUpyme), as well as sectoral associations of tourism and commerce, such as Ashotel and Fauca, among others.
According to Basus, “The objective is to strengthen collaboration with business associations, federations and confederations, They are the ones who know the interests and main needs of companies more closely, with the aim of continuing to support the productive fabric of the Island, especially the self-employed and companies with less than 10 workers.
The Minister recalled that the projects financed with this line must benefit a minimum of 20 companies and/or freelancers belonging to one or more sectors. They must be related to three areas of action such as digital transformation, improvements in management and the implementation of the Sustainable Development Goals (SDG).
The Official Gazette of the Province (BOP) published that the subsidy per project ranges between a minimum of 25,000 euros and a maximum of 50,000. With it, the expenses derived, among others, from the hiring of personnel linked to the project, as well as the dissemination and management, can be covered.