The Business Improvement Scheme (BIS) has supported over 150 projects in the last 5 years and is designed to help businesses improve and develop by offering 50% grant funding up to a maximum of £5,000 towards external consultancy for business improvement projects.
It is possible for businesses to submit multiple applications under differing disciplines.
The supported disciplines and eligibility criteria are as follows: -
- Any Isle of Man business: -
- Brexit Consultancy
- Business Advisory Service – 100% funded by the DfE
- Environmental efficiency
- Intellectual Property Protection Support
- Legal Advice concerning external investment into the businesses
- Legislation compliance
- Quality Accreditations
- For exporting businesses only: -
- Digital Marketing/Social Media
- Information communication technology/information systems
- Transactional Websites
Andy Gosnell, Operations Manager at Skanco, discussed how the scheme provided Skanco with the opportunity to gain an ISO Quality Accreditation for a specific environmental project. He commented:
“The Business Improvement Scheme provided us the opportunity to gain an ISO Quality Accreditation for a specific environmental project. As well as providing vital funding, the Department introduced us to an accredited project consultant with the skillset suited to our needs. We received independent advice and support throughout the project, and the funding assistance gave us the focus to complete the project within the set timescale”.
To learn more about the scheme and the benefits it could bring to your business, please visit the dedicate website, call or email.
Visit website | Email | 01624 687 333