On-Air Now
Facebook

50 million to be spent on fuelling entrepreneurship

Wed, 22 Jul 2015


£50 million of taxpayers' money will be spent on fuelling entrepreneurship.

Chief Minister Allan Bell made the announcement in Tynwald yesterday saying it will drive growth and support the aging population.

The money will fund the 'Enterprise Isle package' - a set of initiatives to improve the economy, introduce new business sectors and boost jobs.

He says it will increase the working population by 500 to 1,000 people per year and help to cover the rising cost of pensions, health and care.
 


 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed