The Canary Islands government has announced a budget of €448.13 million for the year 2027, representing an 8.24% increase compared to the previous year. Migdalia Machín, the regional minister for Universities, Science, Innovation and Culture, highlighted that this budget aims to enhance opportunities for education, research, and the preservation of the islands' cultural heritage.
The funding for universities will total €311.58 million, as part of an agreement that will raise total funding to nearly €1.35 billion over four years. Additionally, the universities sector will receive €325.81 million, which is a 9.87% increase from 2026, allowing for expanded resources for both the University of La Laguna (ULL) and the University of Las Palmas de Gran Canaria (ULPGC).
Machín emphasized the importance of supporting students and families through scholarships and travel assistance, maintaining €11.06 million for these initiatives. Furthermore, €68.94 million will be allocated to the Canary Agency for Research, Innovation and Information Society (ACIISI), reflecting a 5.38% increase to promote research talent.
The Culture and Cultural Heritage sector will receive €48.72 million, which is a 4.06% increase from 2026, including an 11.88% rise in the Cultural Heritage programme, which will reach €12.75 million. Machín stressed that preserving heritage is essential for maintaining the memory of the Canary Islands and ensuring its transmission to future generations.
These budgets aim to expand opportunities and strengthen the capabilities of the Canary Islands, placing higher education, science, innovation, and culture at the forefront of public policy.
