Tenerife Invests in Sustainable Fashion with €50,000 Funding Initiative

The Cabildo of Tenerife has unveiled a significant funding program, allocating €50,000 to bolster sustainability within the island’s fashion and footwear industries. This initiative is part of a broader effort to promote environmentally friendly practices and support local businesses in their transition towards a more sustainable model.

Objectives of the Funding Initiative

This funding initiative is a key component of the ‘Tenerife Sustainable Fashion’ program, which aims to foster projects that advocate for a circular economy in the textile, clothing, footwear, and accessories sectors. The primary focus of this initiative is to encourage the reuse of materials derived from local waste, thereby reducing the environmental footprint of the fashion industry on the island.

Alignment with Environmental Regulations

The funding initiative is designed to align with both national and European regulations that emphasize the importance of improved practices in reuse and recycling. By addressing the issue of textile waste, the program seeks to mitigate the disposal of excess materials, ensuring compliance with laws that govern the collection, management, traceability, and recovery of textile waste. This initiative not only supports local businesses but also encourages them to adopt practices that are in line with evolving legislative requirements aimed at protecting the environment.

Enhancing Sustainable Practices in Fashion

Beyond financial assistance, the program is set to enhance the ‘Tenerife Sustainable Fashion’ quality label. This label serves as a recognition for businesses and professionals who are dedicated to implementing environmentally friendly and circular economy principles in their production methods. By promoting this quality label, the initiative aims to create a community of like-minded individuals and organizations committed to sustainability in fashion.

Funding Details and Project Support

Eligible projects under this initiative can receive funding of up to €12,000, which covers 100% of qualifying expenses. The program is designed to finance a maximum of 20 projects, contingent upon meeting specific evaluation criteria. This financial support is intended to empower local entrepreneurs and businesses to innovate and implement sustainable practices within their operations.

Eligibility Criteria for Applicants

Applications for funding are welcomed from a diverse range of individuals, businesses, and entities engaged in the fashion, clothing, footwear, and accessories sectors. This includes social economy entities that are registered in the Canary Islands’ Social Economy Entities Register, provided they adhere to the established guidelines. The initiative aims to create an inclusive environment that supports various stakeholders within the fashion industry.

Exclusions and Material Specifications

It is important to note that certain entities are excluded from this funding opportunity. Wholesale importers or distributors, as well as intermediaries who are not directly involved in fashion design or production, are not eligible to apply. Additionally, all reused materials must originate from waste produced within Tenerife, ensuring that the initiative directly benefits the local community and environment.

Key points

• The Tenerife Cabildo has launched a €50,000 funding initiative for sustainable fashion.
• The program focuses on promoting a circular economy in the fashion and footwear industries.
• Projects can receive up to €12,000, covering all eligible expenses.
• Applications are open to individuals and entities in the fashion sector, with specific exclusions.
• The initiative supports compliance with national and European waste management regulations.
• Priority is given to projects that reuse materials from local waste.
• The program aims to strengthen the ‘Tenerife Sustainable Fashion’ quality label.