Employment Incentives
The Scheme can provide financial assistance to local businesses where: -
- Permanent roles are filled by either off-Island workers, recent on-Island graduates or Manx graduates returning to the Island; and
- Seasonal roles are filled by off-Island workers or Manx students currently studying off-Island.
25% grant up to a maximum of £10,000 for permanent employees, flat rate of £1,000 for seasonal and temporary employees
For more info, see Employment Incentives
Attending Business Specific Training
Financial support for vocational training will be awarded on a shared costs model, with 30% of the training fees for 'in-person' training being provided by the Department and the remainder of the cost being payable by the applicant. Where the training is online - Instructor led and the majority being instructor led, 20% will be provided. Where the course is purely online no funding is available. Where the course is deemed "National Importance" by the Skills Board, 60% may be available.
For more info, see Vocational Training and Assistance Scheme
Employment Generation
The Business Start-Up Scheme supports new start-ups or businesses trading for less than 18 months, with an actual or predicted turnover between £25,500 and £100,000 within the first 12 months of trading.
For more info, see Business Start-Up Scheme
HR Projects
A grant of up to 50% (£7,500) towards HR projects for your tourism businesses. For example; Contracts of employment, payroll or managing staff.
For more info, see Business Consultancy Scheme
If you would like more information on the above schemes and to find out if you’re eligible to apply, please call the Enterprise Support Team on 01624 687333 to discuss your options.
*Terms and Conditions apply across all schemes
