The Department of Economic Development has rolled out the support through the Financial Assistance Scheme.
It's also offered support to 40 businesses in a bid to help them boost their ideas.
Simon Bottomley is the technical director of Nasaleze Limited - the business has received varying forms of support from the department.
He says it's been a great help:
Scam warning for fraudulent bank
The Financial Services Authority is warning people about a website which pretends to be from an Island bank, but is actually run by fraudsters.
Island brings in sanctions to target Southeast Asian crime network
The government has confirmed it's imposing UK and US sanctions to target a major criminal network behind illegal scam centres operating across Southeast Asia.
New tiered system proposed for data protection registration fees
The Island's Information Commissioner is launching a public consultation on plans to overhaul data protection registration fees for businesses and organisations.
New IOM ship registry representative in East Asia
There's a new face at the Isle of Man Ship Registry in Hong Kong.
FSA seeks feedback on two new laws
The Isle of Man Financial Services Authority is looking at comments from two public consultations on new laws, before announcing its next move.
New tax return site for the Island's self-employed
A new website says it wants to make tax returns simple for the Island's self-employed and small business owners.
Local venues to get more support through the winter months
Business Isle of Man has enhanced its Winter Event Scheme, which supports local venues during the quieter season.
Vegan beauty salon up for sale
A vegan beauty salon in the Island's capital is up for sale.
