As a world leading finance hub the Isle of Man offers a plethora of financial support and advice. The Department for Enterprise supports Media businesses with a dedicated Media Fund (Content Creation Scheme) for the co-financing of content related ventures. A multi-million Enterprise Development Fund, provides co-investments in new businesses other than content creation, e.g. video tech, platforms or distribution. In the current system Grants are available for eligible capital expenditure and global marketing spend as cacsh backs up to 40%.
Numerous Business Angels, Family Offices, High Net Worth Individuals can provide equity. Banks and corporations are engaged to support entrepreneurship on the Island, and can provide growth capital for the next step which might be an innovative listing at The International Stock Exchange, TISE.
Launch and grow a new broadcast media venture and ask for support by equity or loan from the multi-million Enterprise Development Scheme.
There are a number of organisations supporting early stage businesses. The Isle of Media have signed an LOI with NorthInvest, and Manninvest but also can make connections with many other initiatives on the Isle of Man, for example, BRIDGE, the Manx Angel Network, can support early stage businesses, making introduction to mentors and investors.
If you would like any further information or introductions to the best people to speak to for your business enquiries, please contact the team at Isle of Media. We would be happy discuss your requirements and facilitate any introductions to relevant parties for yourself or your colleagues.