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Financial Assistance Scheme

Department for Enterprise
🟢 Open (rolling)
Information notice: This information is based on publicly available sources and was last verified on 2026-02-20. Eligibility is determined solely by the administering body — always verify directly before applying. This tool is not affiliated with or endorsed by any government department.
Maximum Funding
Up to 40% of eligible costs (bespoke)
Funding Type
Grant / Loan / Equity

About this scheme

Major discretionary funding scheme for established businesses in key sectors. Supports capital expenditure, operating costs, marketing, R&D, and job creation for businesses that export or operate in government-defined key sectors. Packages are negotiated individually and can include grants, loans, and equity.

Eligibility

Must operate in a key sector or export; employ IoM staff; be tax compliant under the Enterprise Act 2008.

Suitable for

Business Small / Medium Business (SME)

What you can use it for

Grow or hire staff Improve premises Reduce energy costs Train staff or gain qualifications

How to apply

Contact DfE directly to discuss your project

Official source
Apply / Learn more at Department for Enterprise ↗

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Last verified: 2026-02-20 · Category: Business
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