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Isle of Man

Grant funding available for business improvement projects

02 May 2019

IoD Isle of Man, Grant Funding

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
    • Marketing
    • 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 Apply

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 

For more information, please contact.

07624 355160

Monday to Thursday 10:30 am to 2:30 pm

At all other times please leave a message.

Isle of Man

Branch and staff contacts can be found on the main Contacts tab


IoD Isle of Man
The Claremont 
18-22 Loch Promenade
Douglas
Isle of Man
IM1 2LX