New Royal Decree-Law 1306/2024, extensions for the island of La Palma, approved in The Council of Ministers on Monday, December 23. Royal Decree that modifies the 1122/2021 of the Ministry of Industry and Tourism for the promotion of tourism, and support for Small and Medium Enterprises (SMEs), with the current Royal Decree, the amount of the direct concession to the Autonomous Community of the Canary Islands is modified.
This extension will allow the creation of a line of support for entrepreneurship and the creation of new companies, reactivating the competitiveness of the island of La Palma as a tourist destination. Responding with this grant to the economic interest and support to SMEs.