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Our Future

1 - 4 year programme to:

  • create new sectors and create new job opportunities
  • promote the Isle of Man on a global scale
  • move toward a digital, green, safe Island

Our Future

'Our Future’ is being led by Mark Lewin, Chief Executive of the Department for Enterprise, and aims to deliver and accelerate projects that may not have a major impact in the short term (3-9 months) but offer significant economic benefits in the longer term (1-5 years). 

The ‘Our Future’ programme has been created to invest in longer term opportunities including developing new business sectors and improving local infrastructure now for 2021 and beyond.

Projects progressed through ‘Our Future’ to date are:

Project

Aim

Funding amount

Approval Date

Status

More Information

Accelerate activity under the Locate Isle of Man work stream

Capitalise on the Island’s reputation post COVID-19 and promote the Island as a safe, stable jurisdiction to attract skilled workers and high net worth individuals

£420,000

30 July 2020

In Progress

Further information

Develop Medicinal Cannabis sector

Export opportunity - Complete Legislative framework for 2021 growing season

£550,000

30 July 2020

In Progress

 

Accelerated National Broadband Strategy

Provide support to accelerate delivery of the National Broadband Plan from 5 years to 4 years

£1,400,000

30 July 2020

In Progress

Further information

Development Agency Funding

Complete plans for financing, design and recruitment of board for Development Agency

£125,000

30 July 2020

In Progress