In response to the COVID-19 pandemic, the Isle of Man Government has announced a number of measures designed to support businesses and self-employed persons in the Isle of Man.
For the latest information regarding COVID-19 in the Isle of Man, please visit: https://covid19.gov.im/
Potential applicants who are unsure of their eligibility may contact the Department by email at enterprisesupport@gov.im or by telephone on 687333 or by completing the brief online enquiry form which can be found at www.gov.im/businessenquiries
The following list details the support schemes available for businesses and self-employed individuals*.
Scroll through the list below to view the current support measures available:
Applications opened: 19th January 2022
Provides support for:
Majority of business sectors
(with exclusions)
Support provided:
The Department will refund up to 50% of the approved expenditure to improve ventilation and up to 75% for Co2 monitors, up to a maximum of £5,000 per business.
In addition, the Department will fund 100% of the cost associated with obtaining an independent Health & Safety report up to a maximum of £500.
Click to apply.
Applications opened: 10th January 2022
Provides support for:
Businesses and self-employed in the catering, hospitality, leisure, retail, lifestyle and additional domestic sectors whose turnover was materially impacted during December 2021.
Support provided:
Grant support up to £6,000.
Click to apply
Applications opened: 10th December 2021
Provides support for:
Businesses and self-employed persons operating in the catering, hospitality, leisure, retail, lifestyle and additional domestic sectors whose turnover was materially impacted during the 2021 winter period.
Support provided:
Grant equivalent to four times rates bill(s) for commercial premises, or £4,000.
Click to apply.
Provides support for:
Majority of business sectors
(with exclusions)
Support provided:
Financial support towards adaptation of a business model in light of COVID-19 pressures, including ventilation systems, protective screens and more.
Click to apply.
Provides support for:
Majority of business sectors
(with exclusions)
Support provided:
Overdraft and term-lending loan facilities of up to £250,000 for a min. of three years and max. of seven years, provided through IOM Banks.
Click for more information.
Financial support of £500 for accountancy services support with applications is also available through the Department.
Provides support for:
Majority of business sectors
(with exclusions)
Support provided:
Overdraft and term-lending facilities of up to £500,000 as well as asset financing facilities, provided through IOM Banks.
Click for more information.
Financial support of £500 for accountancy services to support with applications is also available through the Department.
Provides support for:
Tourism and travel businesses with staff
Support provided:
Grant towards demonstrated short term forecasted cash flow requirements for eligible costs (includes salaries and overheads on a case by case basis).
Click to apply.
Provides support for:
Tourist Accommodation businesses
Support provided:
Financial assistance to help sustain qualifying businesses to operate during and following the end of the difficult trading period.
Click to apply.
*Please note: Support for sectors under any of the schemes listed above is subject to meeting the specific eligibility requirements of each scheme. Please ensure you read the full Scheme Guidance before making an application.
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 options for individuals: