Business Support and assistance

The Isle of Man offers a supportive ecosystem for people looking to start, grow or relocate their business. The Department for Enterprise promotes a range of schemes; from training and mentoring schemes to grant, loan and equity investment, there are a number of opportunities for creating and developing a business in the Isle of Man. 

Start - For individuals looking for business mentoring and financial support to take their first steps into self-employment

Grow - For those businesses requiring funding to scale-up and grow

Develop - For those looking to invest in their business through development and improvement projects

Schemes that may be of assistance include:

• Business Energy Saving Scheme
• Business Improvement Scheme
• Coronavirus Business Adaptation Scheme
• Coronavirus Business Support Scheme
• Coronavirus Strategic Capacity Scheme
• Coronavirus Loan Agreements
• Coronavirus Recovery Scheme - Business Adaptation Grant
• Coronavirus Recovery Scheme - Business Overheads Grant
• Domestic Event Fund
• Douglas Promenade Support (No.2) Scheme 2019
• Enterprise Development Scheme
• Employee Relocation Incentive
• Financial Assistance Scheme
• Investors in People
• Micro Business Grant Scheme
• STEP Programme
• Strategic Investment Fund
• Town and Village Regeneration Scheme
• Vocational Training Assistance Scheme

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?