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Business grants, loans and assistance

The Department of Economic Development promotes a range of schemes and initiatives to encourage new businesses to start-up on the island and existing ones to invest in new technologies and working practices in order to be more efficient and competitive.

The schemes range from Business Support, Financial Assistance, Green business loans to Small Business Start Up and STEP schemes. Other initiatives supported are Investors in People, Town and Village Centre Regeneration and Vocational Training Financial Support

The aim is to encourage the growth and diversification of the economy through the development of existing businesses and the pursuit of new opportunities. Promotional and marketing activities are undertaken to encourage the development of high added value manufacturing and services, film and media activities, e-Business and company headquarters.

The Services Division manages a range of schemes and initiatives to encourage new businesses to start-up on the Island and existing ones to invest in new technologies and working practices in order to be more efficient and competitive. In conjunction with the Department’s industrial consultants, the Services Division undertakes the financial appraisal of projects submitted for financial assistance.

Department of Economic Development Services Division

St George's Court

Upper Church Street

Douglas

Isle of Man

IM1 1EX

Telephone:+44 1624 682354

Fax:+44 1624 687171

Email:Send Email

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