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Strategic Capacity Scheme

The Coronavirus Strategic Capacity Scheme was established in March 2020 to provide financial assistance to Tourist Accommodation businesses, with a focus on supporting 'mothballing' and 'local supply chain' costs. This is to ensure the Island retains its strategic tourist accommodation capacity during the COVID-19 crisis. The Scheme is intended to assist a more rapid recovery as the situation improves. 

The Scheme has been further extended to cover Round 4 funding (1 January until 31 March 2021) which aims to provide support to eligible tourist accommodation businesses for fixed overheads over the winter months when trading may be difficult. 

Applications for Round 4 are now open on 1 January 2021 and close on 30 April 2021. Any issues with submitted applications must be resolved by 31 May 2021. 

Applications for Round 1, 2 and 3 are now closed. 

All queries regarding the Strategic Capacity Scheme should be directed to accommodation.dfe@gov.im or +44 1624 686663 

Further details, including the online application form, scheme eligibility, guidelines and additional resources can be found at the Department for Enterprise's Coronavirus Strategic Capacity Scheme page.  

Timeline 

January 2021: Round 4 of the Scheme was established to support Tourist Accommodation businesses through funding period 1 January 2021 until 31 March 2021. 

October 2020: Round 3 of the Scheme was established to support Tourist Accommodation businesses through funding period 1 October 2020 until 31 December 2020. Applications for this round of funding are now closed. 

July 2020: Round 2 of the Scheme was established to support Tourist Accommodation businesses through funding period 1 July 2020 until 30 September 2020. Applications for this round of funding are now closed. 

March 2020: Strategic Capacity Scheme established to support Tourist Accommodation businesses through Round 1 (1 April until 30 June 2020) with a focus on supporting ‘mothballing’ and ‘local supply chain’ costs. Applications for this round of funding are now closed.