Tag: Department of Economic Development

A Nation of Innovation

| June 27, 2016 | 0 Comments

The Minister for Economic Development, Laurence Skelly MHK, has reinforced his commitment to driving business growth and innovation. He said: ‘As a nation we have been encouraging innovation across our industries for a good number of years. We have worked very closely with the private sector to assess what they need to grow and develop […]

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Isle of Man Success at top e-Gaming Industry Awards

| June 20, 2016 | 0 Comments

A number of Isle of Man e-Gaming companies were winners at the prestigious 2016 B2B Awards and Marketing and Innovation Awards by eGaming Review Magazine (EGR) this week (1st June). The Isle of Man winners included Playtech, Microgaming, Continent 8 Technologies, PokerStars, BetStars and KPMG Isle of Man. Alfred Cannan MHK, the Department Member with […]

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Final preparations underway for IFB2016

| June 20, 2016 | 0 Comments

The Department of Economic Development will be joining a number of local and international companies at the International Festival of Business (IFB) in Liverpool this month. IFB 2016 is being held over three weeks from June 13th – July 1st. The Department is hosting four events during the month across the Clean Tech, Maritime, Financial […]

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Grants helping more people start their own business

| June 2, 2016 | 0 Comments

The Department of Economic Development has seen great success in supporting local people start their own business with the latest figures showing an increase in applications for start-up grants.   As a direct result of the Micro Business Grant Scheme, created specifically to support local start-ups, 66 contracts have been signed since April 2015 with […]

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New Crowdfunding Regime for the Isle of Man

| May 23, 2016 | 0 Comments

The Department of Economic Development has worked closely with the Isle of Man Financial Services Authority (FSA) and industry to develop a suitable regulatory environment for both Investment and Debt Crowdfunding platforms. The new legislation will provide the regulatory framework to allow crowdfunding platforms to establish their businesses on the Isle of Man. Platforms already […]

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Nominations Invited for Energy Awards 2016

| May 16, 2016 | 0 Comments

The Department of Economic Development has recently launched the 2016 Energy Awards and is now encouraging local organisations to submit entries. This year awards are offered for Best Innovation, Best Practice and Biggest Savings with public sector and private sector organisations each having their own category in respect of these. Previous recipients of awards range […]

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Isle of Man Companies Shortlisted for top e-Gaming Industry Awards

| April 29, 2016 | 0 Comments

A large number of Isle of Man e-Gaming companies have been shortlisted for the prestigious 2016 B2B Awards by eGaming Review Magazine (EGR). The annual EGR B2B Awards, now in their seventh year, celebrate excellence in a range of e-Gaming disciplines, including payments, software and IT. Alfred Cannan MHK, the Department Member with responsibility for […]

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Isle of Man Aircraft Registry Secures Ongoing Technical Support

| April 21, 2016 | 0 Comments

The Isle of Man Aircraft Registry has awarded a 10 year contract to aviation safety consultancy company Baines Simmons to provide ongoing aviation support services. The contract secures additional technical expertise to supplement the Isle of Man team and ensure the continuity of the high service and regulatory standards customers of the Registry have come […]

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Islexpo Announced for May 2016

| March 18, 2016 | 0 Comments

On Wednesday 25th May the Department of Economic Development will be hosting the inaugural Islexpo conference to support innovation and entrepreneurialism on the Isle of Man. The one-day conference will take place at the Villa Marina and will be preceded by a corporate Gala Dinner on Tuesday 24th May. The conference is free to attend […]

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Enterprise Development Scheme Manager Appointed

| March 18, 2016 | 0 Comments

The Manager of the £50million Enterprise Development Scheme (EDS) has been appointed by the Department of Economic Development. SPARK Impact has been selected, subject to the necessary regulatory and contractual confirmation, to run the Accelerator and Relocator elements of the £50million Enterprise Development Scheme approved by Tynwald in October 2015. The EDS will provide grant, […]

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