News

Isle of Man Shortlisted for ‘International Finance Centre of the Year’ at the 2019 Citywealth International Finance Centre Awards

Earlier this year, we were delighted to learn that the Isle of Man has been shortlisted for ‘International Finance Centre of the Year’ at the 2019 Citywealth International Finance Centre (IFC) Awards. Several Isle of Man based businesses and outstanding individuals have also been shortlisted for the awards.
Department for Enterprise awards training contract to University College Isle of Man

The contract for the provision of training services for the Department for Enterprise’s highly successful Micro Business Grant Scheme (MBGS) has been awarded to University College Isle of Man (UCM). Last year, the MBGS trained 160 individuals and helped create a record number of 88 new businesses.
Preparing for my future career with the Isle of Man Step programme – Tia Welsh

Tia is studying Creative Writing at York St John University. This summer, she completed an internship with the Isle of Man Step programme.
Improvements to Isle of Man Work Permit System

Over the last year the Department for Enterprise has introduced a number of reforms to the Island’s work permit system. Changes include a raft of improvements to give employers better access to the skilled people they need to grow, whilst removing barriers for individuals returning to the Isle of Man for work.
Local businessman recognised for his long-term service to Government’s Micro Business Grant Scheme

Following the completion of his final course in August 2018, Ian Moncrief-Scott has been recognised for his long-term performance providing both training and support to participants of the Department for Enterprise’s Micro Business Grant Scheme.
Public Record Office is a hit with heritage visitors

The history of the Villa Marina was under the spotlight at the Isle of Man Public Record Office’s special heritage event last month.
An exhibition telling the story of the Douglas landmark was the centrepiece of four ‘Heritage Open Days’ events held last month at the Island’s Public Record Office.
The Irish Sea Centre Meets the Irish Sea Maritime Forum

Last month the Department for Enterprise hosted a first of its kind meeting between the locally-based Irish Sea Centre and Members of the Irish Sea Maritime Forum to discuss how they can work collaboratively to sustain and conserve the Irish Sea.
Further Support for Local Small Businesses

The Department for Enterprise has announced several changes to one of its most popular business support schemes, the Micro Business Grant Scheme.
Social Enterprises in the Isle of Man

The Department for Enterprise is launching a public consultation to identify activity relating to social enterprises in the Isle of Man.
Employee Relocation Scheme

The Department highlights the benefits of its Employee Relocation Incentive Scheme, an initiative which offers up to £10,000 in financial assistance to local businesses looking to relocate staff to the Isle of Man.
Department for Enterprise releases National Telecoms Strategy

The Department for Enterprise has today released a National Telecommunications Strategy which will be presented to Tynwald later this month.
New Minimum Wage rates to come into effect on 1st October

Changes to the Isle of Man minimum wage rates are to take effect from the 1^st October 2018. The key changes include an increase to the main rate of the minimum wage and the removal of different rates for those aged 18 to 20 and 21 to 24, so that the main rate of the minimum wage will simply apply to all those aged 18 or over.