Enterprise fund first proposed by MHK in 2012

Tuesday, 28 July 2015 00:00

The mastermind of a £50 million private-sector investment scheme has commended Economic Development for driving it forward.

First pitched in 2012 by now Health and Social Care Minister Howard Quayle, the money has been sourced from the £1.4 billion reserve pot to support economic growth.

The idea hasn't changed over the years - it will be used to bring about new business and create jobs for the Island.

Expressions of interest are already being sought - Mr Quayle explains the plan's significance:

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