FULP Bridges Talent and Business to Tackle Labor Imbalance in Canarias

The University Foundation of Las Palmas (FULP) is a key pillar in aligning training with the needs of the Canarian labor market, aiming to retain young talent.

Generic image of two hands shaking over a desk, symbolizing collaboration between talent and business.
IA

Generic image of two hands shaking over a desk, symbolizing collaboration between talent and business.

The University Foundation of Las Palmas (FULP), chaired by Alberto Cabré, has become a crucial player in bridging the gap between young talent and the business sector in Canarias, aiming to correct labor market imbalances.

FULP, a private entity supported by 43 patrons, including leading companies in Canarias, focuses its training programs on real market needs. This strategy has resulted in an average employability rate of 60% in its courses, which cater to long-term unemployed individuals and recent graduates alike.
The main objective is to ensure that students, once trained in areas such as digital transformation and artificial intelligence, find employment opportunities. The foundation manages an observatory with a job portal that has over 11,000 registered companies and thousands of applicants, facilitating job placement.

"There is a significant imbalance there, and that is concerning us"

Alberto Cabré · President of the University Foundation
Cabré has expressed concern about the paradox of the Canarian labor market, where high unemployment rates coexist with a shortage of personnel in key sectors such as construction and tourism. This situation, according to the FULP president, is partly being covered by immigrant workers, mainly from Latin America.
Furthermore, Canarias faces a brain drain, as many qualified professionals seek opportunities outside the archipelago. The foundation strives to retain this talent, especially in strategic sectors like ports, construction, and tourism.

"The culture of effort is being lost at an alarming rate"

Alberto Cabré · President of the University Foundation
The FULP president has also criticized the lack of incentives to work and the loss of the “culture of effort” among young people, emphasizing the importance of values such as initiative and punctuality. The foundation promotes entrepreneurship as an alternative to traditional employment, offering programs to train small business owners and encouraging them to identify market niches.
FULP, with its motto “Commitment to the past to drive the future,” has moved to a new headquarters in Vegueta, a rehabilitated historic building spanning 1,400 square meters. These facilities aim to foster synergies and improve the entity's efficiency in its mission to promote progress in Canarias.