The consultation on the proposed Enterprise Development Fund will be closing at 12pm Thursday 3rd September.

This consultation seeks opinion on the proposed establishment of an Enterprise Development Fund (“EDF”) in the Isle of Man to support job creation and grow the economy.

The ?50million fund, which will eventually be self-sustaining, will provide grant, loan and equity investment to new Isle of Man start-ups, existing expanding Isle of Man businesses and businesses wishing to relocate to the Island.

The Department of Economic Development believes that the introduction of the EDF can greatly assist the continued growth of the Manx economy.

Full details of the proposed scheme can be found in the consultation paper which is open to all interested businesses and individuals and can be found online at https://www.gov.im/ConsultationDetail.gov?id=512 

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