Applications open for domestic events fund

Applications have opened for funding from a new government initiative to support local events.

The Domestic Event Fund is aiming to support local authorities, businesses, charities and individuals by covering up to 80 per cent of the costs for new local events up until March 31 next year.

The initiative is supported under the £100m Economic Recovery Fund announced by Treasury Minister Alf Cannan MHK in his budget update back in July.

Eligible events such as local markets, festivals, shows and concerts must be focussed on increasing domestic spending, in turn supporting local businesses over the autumn/winter period.

Qualifying costs include equipment, entertainment, marketing, insurance, health and safety, and an event organiser.

Political Member with responsibility for Business Isle of Man, Lawrie Hooper MHK, says: "With applications now open, I strongly encourage any organisation or individual interested in running a public event to make an enquiry via the website to learn if and how the fund could support them.

"Community events are an opportunity to promote local products and local destinations as well as providing a great stimulus for local businesses by boosting footfall."

Those interested in applying for support can find out more details about the initiative and if they're eligible for the assistance at www.businessisleofman.com/eventfund .