New business ventures in the Isle of Man can now access expert support from Aspire IOM Limited’s incubator service and business facility.

One of the first rules of business is that start ups need to keep costs down, whatever industry they’re in. Aspire IOM can offer fully furnished premises to businesses that have outgrown their home-office as well as a wide range of professional resources available on a variety of terms.

Director of Aspire IOM, Christian Cowley says: ‘Our service is designed to accelerate the growth and success of your new venture while keeping costs to a minimum. Through Aspire IOM’s subsidiary Kreston IOM Limited we have been delivering professional and financial services to international and local clients for nearly 20 years and membership of Kreston’s international network provides access to experts in, as well as being a gateway to more, than 100 countries.’

The incubator service gives start ups access to Aspire IOM’s professional resources including telephony, secretarial or receptionist services, book-keeping and IT. Outsourcing these services can reduce overheads and operational costs.

Meanwhile, Aspire IOM’s Business Facility has fully serviced office space that can be tailored to suit your needs. As well as your own space there are meeting rooms and a boardroom available for booking.

Christian Cowley said: ‘Thanks to our wide network of banking relationships we can introduce you to third parties who may be able to provide financial backing – whether helping you to obtain a bank loan or assistance in gaining access to development funds, venture capital or financing.’

Start ups are being encouraged to set up in the Isle of Man, thanks to the Isle of Man Government’s ?50million Enterprise Development Scheme and its Financial Assistance Programme. New businesses can enjoy all the benefits of being based in the Isle of Man, a politically stable and well-regulated independent jurisdiction that is committed to developing new businesses and technologies.

Through its flexible and cost effective services, Aspire IOM can set start ups on the right path from day one.

Says Christian Cowley: ‘The successful ISLEXPO held recently in Douglas showcased what the Isle of Man has to offer business and we were happy to support part of this exhibition through Kreston Pensions sponsorship of the pre-gala event.’

Photo - The Aspire IOM team as well as guests at the recent ISLEXPO Gala event.