£10m+ Jersey Business boost
The Jersey Government’s Better Business Support Package, administered by Jersey Business, is now offering local businesses over £10m in match funding to boost growth of productivity and training.
Applications are now open for businesses to access £5.3 million of match funding in 2025, and the same in 2026. The scheme, designed to help employers invest in their productivity and competitiveness, will administer over £21m .
“Those who act now will not only catch up – they’ll lead.”
This is particularly timely given the AI era we have entered and a golden opportunity for Jersey businesses to lead locally and globally. It also means any businesses could get 50% off any of Brandly’s services and bespoke AI assistants, subject to their application.
“The last two years have been about ‘Play’ with AI,” said Peter Grange, Brandly Co-Founder.
“2025 is about ‘Purpose’ and applying it to businesses – to supercharge productivity, efficiency and performance.”
Employers can now put forward their plans to Jersey Business, who are administering the scheme. The first round of grants is open until the end of 2025. A second round of funding applications will open in 2026.
£4.3 million is available to help employers boost productivity and skills, alongside £1 million set aside for business development in the visitor economy. Access to the grants is through a portal managed by Jersey Business.
Paul Murphy, CEO of Jersey Business, said: “The Better Business Grant signals a real desire to see Jersey’s economy grow and for businesses across all sectors to thrive. We have engaged with businesses since the scheme was announced, making sure that they are ready to benefit from the opportunities based on their business priorities, and we know that many businesses have already been reviewing the criteria and considering how they can best deploy the grants to invest in their business.”
“There is still plenty of time for businesses to really look at how they work, and what skills could help them to improve, and to receive financial support for it. Improved productivity will help all sectors to grow, and we’re excited about how this scheme will improve profits by enhancing the businesses’ levels of productivity and skills.”
The Minister for Sustainable Economic Development, Deputy Kirsten Morel, said: “This is a significant investment in improving the productivity of Jersey’s businesses and the skills of their employees, and I know that many employers have been seriously considering what improvements they want to make in preparation for the opening of the application process. Throughout 2025 and 2026, more than £10m will be available for Jersey employers to invest in their productivity and people, and I would urge all businesses and charities to consider applying.”
About Jersey Business
Jersey Business was established in 2012 and provides free, independent, confidential advice and support to businesses in Jersey. They work with organisations at all stages of their business journey, from start-up through improvement, growth and exit. They’re here to support them every step of the way.
For more information about Jersey Business please visit www.jerseybusiness.je