Minister reinforces commitment to innovation

Monday, 20 June 2016 00:00

£50 million of taxpayers’ money will be put up for grabs next week.

The Enterprise Development Scheme is being unveiled at the International Festival of Business which is taking place in Liverpool.

Operated by the Department of Economic Development it will be used to help people who want to start new businesses on the Isle of Man:

The department says it’s reinforcing its commitment to driving business and innovation – Minister Laurence Skelly says for that to happen the right ‘economic infrastructure’ must be in place:

More from Isle of Man News

10-day bus strike from next weekend

A bus strike later this month will see drivers walking out for 10 days.
Yellow snow warning issued by forecasters

Ronaldsway Met Office has issued a yellow weather warning for snow tonight.
Ramsey harbour keeper completes 3,000-Mile Atlantic crossing

A harbour keeper from Ramsey has completed an epic transatlantic voyage, sailing from Gran Canaria to St Lucia.
Higher ground could see overnight snow

The Island could be in for more snow later.
Investigators say fatal Manx ship sinking 'avoidable'

A shipping disaster which claimed the lives of five crew on a Manx-registered ship was wholly avoidable, according to regulators.
Family's appeal to bring brain-injured dad home

A petition's been launched to help return a young father to the Island after a serious brain injury.
Island animal charity appeals for help after relentless bad weather

A local animal charity is asking for help, due to the persistent bad weather on the Island.
Further appeal for witnesses following incident in Ramsey

Police are still appealing for witnesses after a man was assaulted outside Tesco in Ramsey.