50 million and other changes aim for new jobs and business
The Manx Government is to invest £50 million in a new Enterprise Development Fund over the next five years to grow new business and jobs.
The "Enterprise Isle" package of initiatives to boost the economy was announced by the Chief Minister in Tynwald during his statement on Agenda for Change.
The scheme also includes tax incentives along with changes in financial regulation, land use, work permits and online services for business.
Allan Bell says this will re-energise the Manx economy:
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