Digital Creation Isle of Man (DCIOM) provides loans to approved content production and related enterprises in media such as TV & Film, Animation, Games & Video, Technology Innovation and Content Distribution.
The main objectives of the funding are to encourage job creation, exchequer benefit, build and maintain the media sector on the island, and its overall contribution to the economy.
DC IOM encourages existing businesses to grow their activity, and new businesses to develop on the Island. The opportunity exists not only to encourage new projects, but also to develop projects in conjunction with private sector partnerships and contacts. It is very different to past film financing which supported one-off projects; this assistance focuses on sustainability.
DC IOM can offer support by way of loans equating to 40% of the total project budget to eligible businesses that meet the criteria set out in guidelines which are linked to here:
Digital Creation Isle of Man Guidelines
DC IOM will provide between £100,000 to £1m per project. The support is typically available for a period of up to 5 years.
For more information or to discuss an application, please contact the Digital Agency on +44 1624 685065.