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Three months and counting

30 January 2017


I am now three months into my role at the Department of Economic Development. In these first months I have been staggered by the breadth of activity taking place across the financial and professional services team and the numerous other sectors the Department supports. In my previous role in the private sector I regularly interacted with the Department, but while I was aware that the Business Development Managers worked hard, I had not fully grasped the extent of their gruelling schedules. Crossing from the private sector to the public sector has been a real eye opener!

In my role at the Department, it’s my job to fly the three legs to businesses in the UK, to develop leads and play my part in boosting the Isle of Man’s economy. As part of our new Foreign Direct Investment strategy for 2017, my colleagues and I are undertaking a range of presentations, events and calling programmes, visiting key areas across the UK where the Isle of Man’s financial services and general business propositions may be of most interest.

After all, we have a lot to talk about. The Isle of Man is in a great position to offer businesses new options to grow and develop.

Developing new and strong working relationships off the island are key to supporting all of our new initiatives, especially the Alternative Banking Regime and the Enterprise Development Scheme (EDS), with appeal for the latter going well beyond the world of financial services. It has been great to work together with our EDS managers, SPARK Impact, and to develop a number of business opportunities that are new to the Island.

From February, I’ll be heading to London, Cambridge and Bristol for both private meetings and conferences including the Portfolio Bond Forum Conference, an Institute of Directors networking event and a Private Client dinner.

In March I am heading to London for lots of meetings, finishing off the month by exhibiting at the Master Investor Conference at the Business Design Centre in Islington.

As far as I'm concerned, when I'm travelling on business I am always available, so if you are interested in any of the items I have mentioned here or another one of the Isle of Man’s great initiatives, then please get in contact and I would be pleased to call in.

Find out more about grants, assistance and the Enterprise Development Scheme.

Read more about the Alternative Banking Regime.

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