BUSINESS ISLE OF MAN IS RESPONSIBLE FOR SECURING THE ISLE OF MAN'S STATUS AS AN INTERNATIONALLY RESPECTED ECONOMIC HUB FOR THE EXPORT OF HIGH VALUE ADDED PRODUCTS AND RELATED SERVICES.
The Island’s heritage in innovation stretches back through a long history of engineering and manufacturing.
The Isle of Man has a small but thriving engineering and manufacturing sector for over 70 years, employing a highly skilled workforce of 1,300.
When considered as a single entity, the Isle of Man Engineering and Manufacturing sector is able to provide design and manufactured solutions with a reputation for ‘one stop shop capability’ and access to the key supply chains both in the UK and overseas.
Typically the products are high value, low volume serving niche market, with the large proportion being exported off the island.
The Engineering and Manufacturing sector currently manufacture for a broad range of markets including; energy, aerospace, automotive, telecommunications, medical, pharmaceuticals and consumer products. We are proud to say that we are partners to virtually every major civil and military aerospace project in the world today.
COMPETITIVE GOVERNMENT GRANTS FOR START-UPS AND RELOCATION
EFFECTIVE PUBLIC/PRIVATE COLLABORATION
The Isle of Man can offer engineering and manufacturing firms access to competitive government grants and a clear and simple taxation regime. There are a broad range of practical advantages to those who operate internationally; 0% corporation tax, world-class infrastructure, bandwidth and power resilience coupled with excellent data hosting facilities and extensive clustering of the aerospace and engineering supply chain.
The Isle of Man Government and Industry is committed to the promotion and investment in STEM (Science, Technology, Engineering and Maths) skills and promoting STEM related careers. The Island is committed to educating and developing the future of the sector through its STEM programmes, working into every school on the island; developing skills, improving awareness of the sector and the opportunities and skills needed for employment.
The Isle of Man Government has invested in the Advanced Manufacturing Training Centre for engineering students, furnished with industry standard equipment, it offers full time courses developed in collaboration with industry to meet the skills needs of the Engineering and manufacturing sector within the Isle of Man.
