Enterprise Development Fund set to go before Tynwald

Saturday, 10 October 2015 00:00

The £50 million Enterprise Development Scheme is set to go before Tynwald.

It’s a facility that would provide grant, loan and equity investment to eligible start-ups and developing businesses on the Island.

The public consultation is supported by the private sector.

Results would be reported annually; specifying the names of businesses, information on economic benefits and the value of any investment return.

Minister for Economic Development Laurence Skelly says it’s pivotal to creating a more sustainable future:

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