Consell de Mallorca Invests €380,386 to Modernize Social Economy Businesses
The Consell de Mallorca increases funding to modernize 25 social economy entities’ stores, boosting local commerce and sustainability.
- • Consell de Mallorca awards €380,386 to 25 social economy entities for store modernization.
- • Funding represents a 13% increase from 2024 and benefits 13 profit and 12 non-profit entities.
- • Aid targets improvements in energy efficiency, accessibility, equipment, and product organization.
- • Initiative supports local cooperatives and sustainable development, reinforcing the island’s economy.
Key details
The Consell de Mallorca has announced financial support for 25 social economy entities aimed at modernizing their physical stores and enhancing competitiveness in an increasingly digital and global market. With a total budget of €380,386—a 13% increase from 2024—this initiative targets cooperatives and associations committed to social responsibility, reinforcing the local economy and sustainability.
According to Pilar Amate, Consellera of Economic Promotion and Local Development, the subsidies are designed to boost activity at physical sales points. Beneficiaries include 13 profit-oriented and 12 non-profit entities, marking a 47% rise in recipients compared to the previous year’s 17. Funding will support improvements in energy efficiency, universal accessibility, acquisition of new equipment and technology, and product organization optimization.
Notable beneficiaries are the Agricultural Cooperative of Sant Joan, the Pollença Farmers' Cooperative, the Cooperative of Organic Food Producers, and various fishing guilds. This aligns with Mallorca's strategy to promote a sustainable economic model that strengthens local commerce and the associative fabric of the island. The initiative was officially announced in the Official Bulletin of the Balearic Islands (BOIB).
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.