The Cabildo of Fuerteventura and the Government of the Canary Islands signed a new agreement on Tuesday to enhance activities at the Fuerteventura Technology Park, pledging to facilitate funding and promote initiatives developed within this innovative ecosystem.
The agreement was signed by island president, Lola García (who also chairs the Park’s Board of Directors), the councillor for Universities, Science, Innovation, and Culture, Migdalia Machín, and Guayarmina Elisa Peña, the executive managing councillor of the Canary Islands Technology Institute (ITC). The ceremony was attended by island councillor for Innovation, Rayco de León, the Park manager, Eduardo Pereira, and the director of the Canary Agency for Research, Innovation, and Information Society (ACIISI), Javier Franco.
According to the organisation, the agreement renews the commitment of both administrations to seek funding solutions and enhance the Park’s profile for the benefit of Canary society, particularly impacting Fuerteventura.

The island president highlighted the role of the technology hub: “The Fuerteventura Technology Park continues to establish itself as an international benchmark, driving projects focused on finding innovative public service solutions that enhance the quality of life for our citizens.” “Projects that enable companies and research centres to develop their activities here, attracting investment, generating jobs, and diversifying the economy of Fuerteventura.”
García added that the Cabildo allocates nearly one million euros from the 2025 budget for the operation of the Park and emphasised the importance of strengthening inter-administrative collaboration, continuing a partnership first signed in 2017.
Meanwhile, councillor Migdalia Machín stated: “This agreement strengthens the role of the Fuerteventura Technology Park within the network of scientific and innovative infrastructures in the Canary Islands, ensuring its visibility beyond the island.” She also asserted: “The Government of the Canary Islands is working to ensure that the Park is part of intelligent growth strategies and acts as a meeting point between businesses, research, and education, attracting talent and high-value projects.” The councillor emphasised the importance of institutional collaboration to translate investments and knowledge into concrete results.
The island councillor for Innovation, Rayco de León, underlined the need to continue promoting projects from the Technology Park and to bring the opportunities presented by having an innovation ecosystem to the citizens.