Isle of Wight Lottery Business Loans
Interest free finance for budding entrepreneurs!
Get support from the get go! Apply for an Isle of Wight Lottery loan today!
The Isle of Wight Lottery is the first lottery in England to be developed specifically to create employment opportunities. The Lottery is promoted by The Hampshire and Isle of Wight Opportunity Society Limited, which is operated on a strictly “non-profit” basis. The lottery is governed by the Gambling Commission which requires the lottery to contribute a minimum of 20% of its gross proceeds to a Restricted Good Causes Fund.
The Isle of Wight Lottery has two Good Causes. The first is providing interest free loans to people starting up in business or looking to expand. The emphasis being creating or sustaining Island jobs for Island people. The second is the free Start Up Your Own Business Course we run here at the Isle of Wight Chamber on a monthly basis.
The IW Lottery has been supporting the Island economy since 2001 and has created and supported hundreds of jobs in the local economy, providing in excess of £1,200000 of interest free loans to over 100 Island businesses. Helping to create over 430 jobs.
You can borrow up to a maximum of £50,000 interest free from the Isle of Wight Lottery Loan fund to start-up or expand your business as long as the loan is creating or sustaining a job.
You can borrow up to £5,000 over a period of up to 2 years, or up to £50,000 over a period of up to 3 years.
Loans may be applied for on completion of the start-up training course and all loan applications are assessed by a Panel and if approved they are provided on an interest free basis to both start-up and expanding Island businesses, thereby enabling them to create new jobs.
For an Isle of Wight Lottery Loan application pack please contact the office on 01983 529888 or lottery@iwchamber.co.uk
Events
july
02jul9:00 am11:00 amNetworking Brunch at Richmonds Cake & Coffee Co.
Event Details
Wednesday 2 July 2025 Richmonds Cake & Coffee Co., Newport 9.00am - 11.00am IW Chamber Members - £20 per person Non-Members - £40 per person An ideal opportunity for informal networking at Richmonds Cake &
Event Details
Wednesday 2 July 2025
Richmonds Cake & Coffee Co., Newport
9.00am – 11.00am
IW Chamber Members – £20 per person
Non-Members – £40 per person
An ideal opportunity for informal networking at Richmonds Cake & Coffee Co. If you’re new to networking, our Brunch is the perfect way to get connected with like-minded business people. Attendees will all get the chance to give their minute-pitch to the room at this event.
Time
(Wednesday) 9:00 am - 11:00 am
Location
Richmonds Cake & Coffee Co
95-96 St James' St, Newport, Isle of Wight, PO30 1HY
03jul10:00 am12:00 pmChamber Chat: Meet the Chamber
Event Details
Thursday 3 July 2025 IW Chamber of Commerce Office, Branstone Business Park 10am-12pm IW Chamber members – FREE Non-members - FREE The Isle of Wight Chamber of Commerce invites you to meet the team at
Event Details
Thursday 3 July 2025
IW Chamber of Commerce Office, Branstone Business Park
10am-12pm
IW Chamber members – FREE
Non-members – FREE
The Isle of Wight Chamber of Commerce invites you to meet the team at our office at Branstone Business Park.
Every other Thursday the Chamber is opening its door to members to connect, discuss membership, and ask questions in a casual drop-in session.
Not yet a member? You’re invited to drop in and discover the value of professional networking and explore how Chamber membership can support your business growth.
Booking not required – just drop in!
Time
(Thursday) 10:00 am - 12:00 pm
Location
Isle of Wight Chamber of Commerce
Unit S1, Branstone Business Park, Branstone, Isle of Wight, PO36 0EQ
09jul7:30 am9:00 amBusiness Breakfast at IW Chamber Business Expo 2025
Event Details
Wednesday 9 July 2025 Ryde School, Ryde 7.30am - 9.00am IW Chamber Members - £18 Non Members - £36 Kick off Expo with a hot breakfast, proudly sponsored by Meridian 3 — the perfect
Event Details
Wednesday 9 July 2025
Ryde School, Ryde
7.30am – 9.00am
IW Chamber Members – £18
Non Members – £36
Kick off Expo with a hot breakfast, proudly sponsored by Meridian 3 — the perfect way to start your business day! Enjoy great food and valuable networking with fellow Chamber members.
Time
(Wednesday) 7:30 am - 9:00 am
Location
Ryde School
Ryde School, Queens Road, Ryde, Isle of Wight, PO33 3BE
09jul10:00 am4:00 pmIW Chamber Business Expo 2025 with WightFibre
Event Details
Wednesday 9 July 2025 Ryde School, Ryde Open from 10am - 4pm If you’re in business on the Island, you’ll want to be at Expo. The Isle of Wight Chamber’s Business Expo is back
Event Details
Wednesday 9 July 2025
Ryde School, Ryde
Open from 10am – 4pm
If you’re in business on the Island, you’ll want to be at Expo.
The Isle of Wight Chamber’s Business Expo is back – with WightFibre – at Ryde School on Wednesday 9 July 2025.
- It’s free to attend, for everyone – you don’t have to be a Chamber member
- Enjoy high quality business-to-business networking, in an informal setting
- Engage with like-minded Island businesses
- Meet potential new clients and customers
- Don’t miss the biggest day for business networking on the Isle of Wight
Free to attend, sign in on the day and turn up any time between 10am and 4pm.
Pre-registration not required!
Time
(Wednesday) 10:00 am - 4:00 pm
Location
Ryde School
Ryde School, Queens Road, Ryde, Isle of Wight, PO33 3BE
09jul12:30 pm2:30 pmBusiness Lunch at IW Chamber Business Expo 2025
Event Details
Wednesday 9 July 2025 Ryde School, Ryde 12.15pm - 2.30pm IW Chamber Members - £20 Non Members - £40 Book your lunch for Expo 2025. Join Biscoes for a cooked lunch. Please book your place
Event Details
Wednesday 9 July 2025
Ryde School, Ryde
12.15pm – 2.30pm
IW Chamber Members – £20
Non Members – £40
Book your lunch for Expo 2025. Join Biscoes for a cooked lunch.
Time
(Wednesday) 12:30 pm - 2:30 pm
Location
Ryde School
Ryde School, Queens Road, Ryde, Isle of Wight, PO33 3BE
17jul10:00 am12:00 pmChamber Chat: Meet the Chamber
Event Details
Thursday 17 July 2025 IW Chamber of Commerce Office, Branstone Business Park 10am-12pm IW Chamber members – FREE Non-members - FREE The Isle of Wight Chamber of Commerce invites you to meet the team at
Event Details
Thursday 17 July 2025
IW Chamber of Commerce Office, Branstone Business Park
10am-12pm
IW Chamber members – FREE
Non-members – FREE
The Isle of Wight Chamber of Commerce invites you to meet the team at our office at Branstone Business Park.
Every other Thursday the Chamber is opening its door to members to connect, discuss membership, and ask questions in a casual drop-in session.
Not yet a member? You’re invited to drop in and discover the value of professional networking and explore how Chamber membership can support your business growth.
Booking not required – just drop in!
Time
(Thursday) 10:00 am - 12:00 pm
Location
Isle of Wight Chamber of Commerce
Unit S1, Branstone Business Park, Branstone, Isle of Wight, PO36 0EQ
21jul12:00 pm2:00 pm‘Net-Gaming’ Lunch at Snacks & Ladders
Event Details
Monday 21 July 2025 Snacks & Ladders, Newport 12.00pm - 2.00pm IW Chamber Members - £20 per person Non-Members - £40 per person Join us for an informal networking opportunity with fun games and lunch,
Event Details
Monday 21 July 2025
Snacks & Ladders, Newport
12.00pm – 2.00pm
IW Chamber Members – £20 per person
Non-Members – £40 per person
Join us for an informal networking opportunity with fun games and lunch, this will be a fantastic way to meet other members and catch up.
Time
(Monday) 12:00 pm - 2:00 pm
Location
Snacks & Ladders
Snacks & Ladders, 69-70 Upper, St James' St, Newport, Isle of Wight, PO30 1LQ
24jul9:30 am4:00 pmRed Funnel Business Start Up Course
Event Details
We offer new businesses the opportunity to take their ideas from paper into practice. We offer a business seminar aimed at people who are starting a business. Get the tools
Event Details
We offer new businesses the opportunity to take their ideas from paper into practice. We offer a business seminar aimed at people who are starting a business. Get the tools you need to take your idea from the drawing board to the real world.
This course is suitable for those with a business idea they wish to progress, through to those who have been in business for six months. We will take you through all the various aspects that need to be considered including: Market research, cash flow forecast, tax, national insurance, VAT, making tax digital, marketing, business names, bookkeeping, insurance, social media and websites, closing with an introduction to your business plan.
The one day workshop is delivered by an experienced business mentor, in a friendly manner, allowing you to get as many questions answered as possible. You will be spending a day with other like-minded people, embarking on the same journey, with the opportunity to network and share knowledge.
When starting in business you have to wear many hats, some fit well and others need adjustment. Come along and find out which areas you might need help with.
Please note there is a £5 admin fee for this course.
This course is available for non-members.
Time
(Thursday) 9:30 am - 4:00 pm
Location
Isle of Wight Chamber of Commerce
Unit S1, Branstone Business Park, Branstone, Isle of Wight, PO36 0EQ
31jul10:00 am12:00 pmChamber Chat: Meet the Chamber
Event Details
Thursday 31 July 2025 IW Chamber of Commerce Office, Branstone Business Park 10am-12pm IW Chamber members – FREE Non-members - FREE The Isle of Wight Chamber of Commerce invites you to meet the team at
Event Details
Thursday 31 July 2025
IW Chamber of Commerce Office, Branstone Business Park
10am-12pm
IW Chamber members – FREE
Non-members – FREE
The Isle of Wight Chamber of Commerce invites you to meet the team at our office at Branstone Business Park.
Every other Thursday the Chamber is opening its door to members to connect, discuss membership, and ask questions in a casual drop-in session.
Not yet a member? You’re invited to drop in and discover the value of professional networking and explore how Chamber membership can support your business growth.
Booking not required – just drop in!
Time
(Thursday) 10:00 am - 12:00 pm
Location
Isle of Wight Chamber of Commerce
Unit S1, Branstone Business Park, Branstone, Isle of Wight, PO36 0EQ