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:
Island company wants to import medical cannabis
An Island company has submitted an application to be able to import medical cannabis from around the world.
Money laundering risks in insurance sector haven't changed
The money laundering risk faced by the insurance sector has remained unchanged over five years, according to a new report.
Interceltic Business Forum to visit Island for first time
The Isle of Man will host a business conference for the Celtic nations for the first time next year.
Corporate tax return deadline nears
The deadline for corporate tax returns is approaching next month.
Government consulting over corporate law updates
The government's launched a public consultation on plans to update corporate laws.
Deadline for businesses to register for STEMFest is tomorrow
This week's the deadline for businesses to get involved in a youth science and technology festival next year.
Sunset Lakes announces plan to fully re-open
A fishing and events venue in the West of the Island has announced it'll be fully re-opening next year.
Sponsorship applications open for 2026 MGP
Would your business like to be a sponsor for the Manx Grand Prix?
