The Department for Enterprise has announced extensions to financial support schemes for Travel and Tourism businesses which remain financially affected by the continuing restrictions placed on the Island's borders due to the COVID-19 pandemic, as well as additional support for Isle of Man businesses following the implementation of the circuit break lockdown.
On Wednesday 3rd March 2021, the Isle of Man entered a circuit-break lockdown to help prevent the spread of COVID-19.
The following measures have been re-introduced to support individuals and businesses during this period of reduced trading.
NEW MEASURES FOR BUSINESSES & SELF-EMPLOYED:
CBSS – Circuit Break (March 2021)
Offers a £2,500 financial grant to support businesses with eligible business overheads.
CBSS - Business Premises Support Scheme
Provides grant assistance to support local businesses in designated sectors that have been financially affected by the COVID-19 pandemic, operating in two parts:
- Rates Payment: Offers financial support in the form of a grant payment to eligible businesses, equivalent to a business' annual rates bill for each of its commercial premises.
- £250 Payment: Offers a one-off payment of £250 for each of the applicant's commercial premises within the hospitality and catering sector that would normally open on Saturdays and/or Sundays and either a) closed earlier than usual; or b) didn’t open at all on either Saturday 27th or Sunday 28th February 2021 in line with Government advice issued that weekend.
If you have a business within the tourism and travel sector, please click the relevant button below:
Are you eligible?
Potential applicants who are unsure of their eligibility, may contact the Department by telephone on 687333 or by completing the brief online enquiry form which can be found at www.gov.im/businessenquiries
Other Support Available
The Isle of Man Government has set out additional measures to support local businesses throughout the disruption caused by COVID-19.
This includes the following measures for employers, self-employed and employees.
For enquiries regarding any of the schemes listed above, please complete our online enquiry form.