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ISLE OF MAN NEWS<br />
Isle of Man<br />
forging closer<br />
ties with the<br />
North<br />
The success of the Isle of Man<br />
Aerospace Cluster in working with<br />
the North West Aerospace Alliance<br />
has helped to encourage further<br />
engagement between the Isle of Man<br />
and the North of England.<br />
Northern England has always been<br />
important to the economic wellbeing<br />
of the Isle of Man, in addition to<br />
our geographical and historical<br />
connections and the Isle of Man also<br />
contributes tens of millions of pounds<br />
to the economy of the North in a<br />
variety of ways.<br />
We have key transport links to the<br />
North West with the vast majority<br />
of our residents travelling to the UK<br />
arriving at either Liverpool or Heysham<br />
if travelling by sea, or at Liverpool<br />
or Manchester if travelling by air.<br />
Although some travel onwards to other<br />
destinations, many stay to enjoy the<br />
region in a number of ways – to have<br />
a weekend break, take in a show or<br />
watch a football match for example.<br />
This year the Isle of Man’s Government<br />
is striving to develop ever closer<br />
ties and was well represented at the<br />
Northern Powerhouse conference in<br />
February.<br />
Minister for Economic Development<br />
Laurence Skelly attended the Leaders’<br />
Dinner and Department of Economic<br />
Development CEO, Chris Corlett took<br />
part in a panel event at the Conference<br />
outlining how the Isle of Man can be<br />
an effective partner to the region in<br />
helping attract new Foreign Direct<br />
Investment.<br />
This year the Isle of Man will be<br />
very visible across the region but<br />
especially in the North West. It will<br />
be represented at the International<br />
Festival of Business in Liverpool<br />
throughout June and July following<br />
the success that it encountered at the<br />
last event in 2014.<br />
There are also a wide number of<br />
smaller events, hosted by the Isle of<br />
Man Government, that are planned<br />
for 2016. One of the <strong>talk</strong>ing points<br />
at these events is bound to be the<br />
new Enterprise Development Scheme<br />
(EDS). A total of £50 million will<br />
be available over a 5 year period<br />
to invest in businesses that seek<br />
to create jobs on the Island, with<br />
funding including grants, loans and<br />
equity.<br />
Together with the Isle of Man<br />
Aerospace Cluster’s presence at<br />
the Farnborough Airshow 2016 as<br />
part of the NWAA’s stand, 2016 is<br />
looking like a good year to engage<br />
with the Isle of Man!<br />
Image courtesy of Isle of Man Aerospace Cluster<br />
@NWAerospace<br />
<strong>plane</strong> <strong>talk</strong> spring 2016<br />
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