To help companies established or wishing to set up in the island, the Isle of Man has released new Toolkits for businesses and established a dedicated team to support investment.
The Isle of Man has created a newly restructured Financial and Professional Services team. According to Laurence Skelly, Economic Development Minister, the "new structure provides clearer points of contact at the Department and a more visible support network within Government for both on- and off-island businesses."
Meanwhile, the Toolkit – a collection of online webpages on the Government's "Where You Can" site – provides guidance, resources, and insight for small- and medium-sized enterprises and entrepreneurs on the island, along with easy to access promotional materials for businesses acting as ambassadors for the Isle of Man.
Simon Pickering, the new Head of the Department's On-Island Development team, commented: "The online Toolkit is the logical next step to supporting enterprise on the island. What we have launched today is the platform upon which we will continue to build, providing useful content and guidance for island businesses. The creation of the Toolkit is a direct result of feedback we have received from industry and small businesses who have found guidance and mentoring equally as useful as our financial support packages."
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