Clean Tech and Energy
20 February 2017
The Department of Economic Development Launches New Creative Industries Booklet
08 February 2017
The Isle of Man Maritime Group: Raising the Bar at London International Shipping Week
06 February 2017
An Island of opportunity
30 January 2017
Three months and counting
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.
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 Financial Assistance Scheme (FAS) aims to encourage diversification of the local economy by providing a range of grants and soft loan support to eligible businesses.
The 0% green business loan scheme has been designed to provide flexible financing options to all types of organisations seeking to make their operations more efficient and lower energy costs.
Support to on-Island businesses entering the next growth phase in order to aid their expansion. The scheme is available to existing locally based businesses in export driven economic sectors ideally with 5+ employees.
The Regeneration Fund provides financial support towards external improvements to commercial buildings located within the six regeneration areas.
The Micro Business Grant Scheme has been designed to give budding entrepreneurs and small start-ups the necessary financial support, training and business acumen to get their business off the ground.
The Small Business Grant Scheme is to help accelerate the growth of small businesses (1 to 10 employees). The main objective of the Scheme is to encourage job creation on the Isle of Man.
Rest assured, we respect your privacy.