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:
Manx Telecom wants your views on its services
One of the Island's mobile and internet companies is asking for your feedback.
Company confirms direct flights to Tenerife from Ronaldsway
A company's revealed it'll be continuing direct flights to Tenerife from Ronaldsway Airport this year.
Douglas shop to shut for refurbishment
A shop in Governor's Hill will soon be getting a new look.
Bar George closes down
A city centre bar in Douglas has closed down after its owner said it never properly recovered after the pandemic.
AML and CFT return deadlines extended
The Island's financial regulator says it's extended the deadline for annual anti-money-laundering returns.
Do Manx firms help breach UK ownership laws?
A UK tax lobbying organisation has produced a map of UK companies it claims break ownership laws because they're owned by Manx entities.
Finance regulator publishes Q&A session answers
The Island's financial regulator says it's published a list of answers to questions after running out of time at a recent event.
Government can use overdraft if needed
Treasury Minister Alex Allinson says the government can dip into its overdraft without asking permission from Tynwald - but only under certain circumstances.
