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The £50m investment fund that could help you to start and grow your business
The Department of Economic Development offers a highly tailored personal service for businesses that can create jobs and benefit our economy. We offer a range of support services in conjunction with a wide variety of financial assistance schemes.
A total of £50 million will be available over a 5 year period to invest in businesses that seek to create jobs on the island. Funding includes grants, loans and equity. SPARK Impact have been appointed as fund managers of the scheme.
For on-Island start-ups seeking financial support and guidance on making their new business idea a reality.
Enter your details to see what financial support scheme is best suited to your current business ideas.
Micro and Small Grant Scheme
Maximum grant up to £25,000
Providing Loan and Equity support for existing small to medium enterprises entering the next growth phase.
Enter your details to see how your business may be able to benefit from our financial support schemes.
Small Grant Scheme and Loan and Equity Support Scheme
Maximum grant up to £25,000 Maximum loan up to £100,000 Maximum equity investment up to £250,000
For relocating medium to large firms to the Island that are already at the commercial stage of their development.
Enter your details to discover which financial support scheme may benefit your business relocation.
Loan and Equity
Maximum loan up to £1millionMaximum equity investment up to £1million
The Business Support Scheme (BSS) is designed to help businesses develop their business skills and management competencies.
The scheme aims to encourage diversification of the local economy by providing a range of grants and soft loan support to eligible businesses.
The scheme has been designed to provide flexible financing options to those seeking to make their operations efficient and lower energy costs.
Support to on-Island businesses to aid their expansion. The scheme is available to existing locally based businesses in export driven economic sectors.
The regeneration scheme provides financial support towards external improvements to commercial buildings located within the six regeneration areas.
The scheme has been designed to give start-ups the necessary financial support, training and business acumen to get their business off the ground.
The scheme is to help accelerate the growth of small businesses. The main objective is to encourage job creation on the Isle of Man.
The scheme has been designed to assist with the cost of connection and first year broadband or leased-line rentals for new businesses.
Apprenticeships cover a wide range of occupations including construction trades and engineering, as well as ICT and accountancy.
The schemes offer a tailored service for businesses that can create jobs on Island. The scheme offers financial support and services.
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