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Minister seeks extra money for business grants

Mon, 04 Apr 2011

Economic Development Minister Allan Bell MHK
Economic Development Minister Allan Bell MHK

The Economic Development Minister is to ask for additional funding in this month's sitting of Tynwald.

 

Allan Bell will ask the parliament to give his Department approval to access the Economic Development Fund to give additional cash to the Financial Assistance Scheme.

 

The Scheme currently provides grants and soft loans to businesses, in a bid to diversify the Island's economy.

 

Tynwald sits next Tuesday

 

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