Barclays says it hopes a new facility for local businesses will help boost the local economy and drive innovation.
The Eagle Lab in Queen Victoria House on Victoria Street in Douglas is due to open in June, featuring mentoring, a maker space for rapid prototyping and private office space.
It'll be open to individuals, local businesses, community groups and schools.
Simon Scott of Barclays says as well as driving economic growth, the lab will increase digital empowerment in the local community.
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