The Department for Enterprise is responsible for economic development and the creation of an environment where local entrepreneurship is supported and thriving and more new businesses are choosing to call the Isle of Man home.
The Department has a key role to play in the achievement of the Programme for Government's stated intention to be an Island of Enterprise and Opportunity and we recognise that supporting economic development is of strategic importance for the Island's future growth and prosperity.
The Department's mission is aligned with these outcomes and objectives: to create an environment, through innovation and collaboration, where the economy thrives.
To deliver this mission the Department is responsible for four Executive Agencies made up of a private/public sector partnership to promote and develop their sectors and deliver long term, sustainable economic growth for the Isle of Man:
The Executive Agencies sit alongside the Department's central functions of strategy and policy development, business intelligence and marketing, enterprise support, legislation, and the locate team. Collectively, the functions work hand in hand with the private sector, growing real businesses, generating real jobs and real opportunities for the Island.
Alongside the Executive Agencies and support functions, the Department is the lead agency for the promotion, organisation and delivery of the TT and Festival of Motorcycling – check out the TT Races Official youtube channel.
The Department is also responsible for three distinct registry functions: