The Department for Enterprise – Delivering a diverse economy where people choose to work, live and invest
The Department for Enterprise (Department, DfE) is a Government Department in the Isle of Man responsible for economic development and the creation of an environment where local entrepreneurship is supported and thriving and more new businesses are choosing to call the Isle of Man home.
Our mission: ‘To create an environment through innovation and collaboration, where the economy thrives’ is directly aligned to the Government’s vision of creating a secure, vibrant and sustainable future for our Island nation. As part of the Island Plan, the DfE is delivering key initiatives to help build a strong and diverse economy, underpinned by a robust economic strategy and clear achievable outcomes.
The Department for Enterprise Plan for 2023-2024, sets out how we will contribute to Government’s vision for the Isle of Man over the 12 months.
The DfE has a wide remit and encompasses a number of distinct functions and agencies. It is responsible for four Executive Agencies made up of private/public sector members, who work in partnership to promote and develop the Island’s sectors and deliver long term, sustainable economic growth for the Isle of Man. These are: Digital Isle of Man, Finance Isle of Man, Business Isle of Man and Visit Isle of Man.
The annual programme for each Executive Agency is available to download:
The Executive Agencies sit alongside the Department’s central functions of strategy and policy development, business intelligence and marketing, enterprise support, legislation, and the Locate Isle of Man team. Collectively, the functions work hand in hand with the private sector, growing real businesses, generating real jobs and real opportunities for the Island.
Alongside the Executive Agencies and support functions, the Department also leads the promotion, organisation and delivery of the Isle of Man TT and Manx Grand Prix, and provides assistance to other motorsport events.
In addition, the Department is responsible for supporting two distinct registry functions, which are also Safety Regulators. Both are highly regarded in their own right and are not only crucial to supporting day-to-day life in the Island, but also underpin a wide range of sectors of the economy:
The Department is also the stationed employer of the Registrar General, who is responsible for the management of the Central Registry. The Registrar General holds statutory obligations under several Acts of Tynwald including those relating to Civil, Companies, Deeds & Probate, and Land registration as well as the Public Record Office, the National Archive of the Isle of Man Government and other public bodies such as Tynwald, the courts and local authorities.
Collectively, the Department’s functions work hand in hand with the Executive Agencies and the broader private sector in growing real businesses, generating real jobs, and providing real opportunities for growth in the Island.
The Department is also the sponsoring Department of Manx National Heritage and the Isle of Man Post Office.
The Isle of Man is a self-governing British Crown Dependency centrally located in the Irish Sea between England, Scotland, Ireland and Wales. The Isle of Man has its own Government and laws, but is inextricably linked to the UK through shared history, community bonds and economic partnerships.
His Majesty King Charles III, ‘Lord of Mann’, is Head of State and is represented in the Island by the Lieutenant Governor.
Tynwald, the Isle of Man’s parliament, was founded more than 1,000 years ago and is recognised as the oldest continuous parliament in the world.
The ministerial system of Government is led by the Isle of Man’s Chief Minister and acts by consensus in the relative absence of party politics. The Government enjoys a very positive working relationship with the Ministry of Justice, which is responsible for the UK Government’s relationship with the Isle of Man and the other Crown Dependencies.
The Isle of Man strives to be a model of political stability, democracy and transparency, with a strong track record of complying with global standards.
More information about the Isle of Man’s parliament can be found here.
For more information on the Isle of Man’s government and online services, click here.