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Interest rates for enterprise fund applicants revealed

Wed, 09 Mar 2016


Applicants who want to use the Enterprise Development Scheme will pay 20 to 25 per cent interest on governments' investment.

That's according to the Economic Development Minister Laurence Skelly.

He was questioned on his plans to release finer details of the £50 million initiative in the House of Keys yesterday.

Onchan MHK Peter Karran asked what progress has been made on developing it - Mr Skelly says the finer details will be revealed:


 

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  • Laurence Skelly MHK

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