Plans for a new ICT centre at the Nunnery in Douglas comes at no risk to the Manx taxpayer.
The Manx Educational Foundation has already raised around £10 million for the project from the private sector here and internationally.
The Council of Ministers has granted the MEF additional time, until June 30th, to raise the final amount of money needed before the sale of the site goes through.
Economic Development Minister John Shimmin says cynics should be ignored:
Mobile satellite data services to be considered for Island
The Island's telecoms regulator will consider possible mobile satellite data services later this year.
Refurbished linkspan ready for Manx Grand Prix
Bikers getting off the ferry for Manx Grand Prix will be greeted by a new road surface this month.
Famous army parachute team to perform for Classic TT
The British Army's famous parachute display team will be visiting the Island for the Classic TT this month.
Royal show kicks off today
The Royal Manx Agricultural Show gets underway today.
Series of Mountain Road closures for filming start today
Today sees the first of a series of Mountain Road closures for filming of the Channing Tatum TT movie, which'll continue over the weekend and into next week.
Former primary school site can't be designated brownfield
Environment Minister Clare Barber says the Buchan School site hasn't been designated as a brownfield site - because there's no such thing under Manx law.
£12K raised by charity polo tournament
A total of £12,000 has been raised for Hospice Isle of Man and Mannin Cancers Help Centre by a charity polo tournament.
Sewers could be used to find illegal drugs
Could the Island's sewers be turned into a way to spot illegal drugs and infectious diseases?
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