The organisation hoping to turn the Nunnery in Douglas into a new education facility for Information Technology has until the end of this week to raise the money it needs.
Under a deal with the government, the Manx Education Foundation charity has to raise £12.5 million in backing by January 31 – this Friday.
If it can raise the backing it needs, the government has agreed to let it buy the complex for £5 million later this year.
The Foundation, a registered charity, already runs the Island’s mobile and family libraries, and hopes to set up the International Centre for Technology at the Nunnery.
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