SANTA CRUZ DE TENERIFE, 13 Apr. (EUROPE PRESS) –
The Cabildo de Tenerife will allocate 575,000 euros to finance projects of private cultural companies.
This commitment was approved on Tuesday by the Governing Council at the proposal of the Minister of Culture, Enrique Arriaga, who highlights that “this contribution represents an increase of 88.5 percent over the previous year and will increase the number of beneficiaries.”
The bases that were approved by the Governing Council and that will be published soon in the Official Gazette of the Canary Islands (BOC) state that the beneficiaries of this line of collaboration are the companies or entrepreneurs who carry out the activity in any of the municipalities of Tenerife.
Enrique Arriaga explains in a note that last year sixteen projects were attended to under this line of financing, eleven from companies and five from entrepreneurs, but more than a dozen remained on the reserve list.
“That is why we have considerably increased the budget for this public call and try to favor more initiatives, with the intention of continuing to bring culture to all corners of the island,” he says.
The cultural activities that are the subject of this call are distributed in four modalities, depending on the amount of their budget and must be carried out between July 1, 2022 and June 30, 2023.
For initiatives over 80,000 euros (modality A), the Cabildo provides aid for five proposals, which will receive 32,000 euros, and will only admit one project per applicant.
The seven projects of modality B –with a budget between 40,000 and 80,000 euros– will receive 20,000 euros each and each applicant may only present one idea; those chosen in modality C, proposals with a cost greater than 10,000 euros, the applicants can offer two initiatives and, if they are chosen, they will receive 60 percent of the total budget.
The fourth modality is aimed at projects or festivals of special relevance and three initiatives may be subsidized with an amount ranging between 45,000 and 80,000 euros.
