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Business Support and assistance

The Department of Economic Development promotes a range of schemes and initiatives to encourage new businesses to start-up on the Island, help existing businesses to grow and to encourage investment in new technologies and working practices in order to make our businesses more efficient and competitive.

The Enterprise Development Scheme provides grant, loan and equity investment to new start-ups, existing expanding businesses and businesses wishing to relocate to the Island. There are three core support areas:

  • Expanding your business  Providing loan and equity support for existing small to medium enterprises entering the next growth phase. For more details see Loan and Equity 
  • Relocating your business - For relocating medium to large firms to the Island that are already at the commercial stage of their development. For more details see Loan and Equity 

Further schemes that may be of assistance include:

The aim of all its schemes is to encourage the growth and diversification of the economy through the development of existing businesses and the pursuit of new opportunities. 

Not sure what scheme you might be eligible for?  

Enquire now

Department of Economic Development Services Division

St George's Court

Upper Church Street

Douglas

Isle of Man

IM1 1EX

Telephone:+44 1624 687333

Fax:+44 1624 687171

Email:Send Email

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