The government has spent £1.38 million investing in companies to create 109 jobs over the next five years.
Economic Development Minister Laurence Skelly was asked about a new £50 million investment fund in Tynwald last week.
He told the court a number of companies had already successfully applied for a share of the cash, and more deals are on the way.
Mr Skelly revealed how much had been spent so far:
Shop local question in Tynwald this week
Does the Island need a "Buy Manx" campaign to support local businesses?
Blind firm gets new home
A local family business has moved for the first time in 32 years.
Cyber-safety advice issued for small businesses
The Island's Cyber Security Centre has issued safety advice to small businesses regarding cyber incidents.
Department for Enterprise hails grad fair success
The Department for Enterprise says more than 300 young people went to this year's Graduate & Young Professional Fair.
Major upgrade for private jet centre
Work has begun on a major upgrade to the Private Jet Centre at Ronaldsway Airport.
FSA to hold estate agent review
The Island's financial regulator says it's reviewing estate agents to update anti-money laundering guidance.
Innovation finalists to battle it out in June
A competition to drive technology on the Island will see its final held in Douglas this summer.
Visit Isle of Man welcomes Liverpool board member
A member of Liverpool City Council has joined Visit Isle of Man's Non-Executive Board.
