Our Funding
Turismo de Islas Canarias is a publicly owned commercial company operating under the supervision of the Ministry of Tourism and Employment of the Government of the Canary Islands. Its funding mainly comes from the General Budget of the Autonomous Community of the Canary Islands through earmarked allocations and, in some cases, co-financed with European funds.
Furthermore, by virtue of its status as an in-house entity, agreements, commissions and mandates may be formalised, primarily with the Ministry of Tourism and Employment.
Types of Income
Services, Grants and Events
Our activities are funded through three main income streams:
Service Provision
Income generated through commissions and agreements formalised with the Government of the Canary Islands.
Grants
Grants awarded by the Government of the Canary Islands to fund our core activities.
Tourism Trade Fairs and Events
Income derived from the allocation of space to the Canary Islands tourism sector within the Canary Islands stand at selected events attended by the brand.