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Isle of Man 'a new Silicon Valley'

Friday, 20 July 2018 14:57

UK paper says Island appeals to young entrepreneurs

The Isle of Man has been labelled a 'new Silicon Valley' by a leading British newspaper.

The Times of London has featured the Island in a 'market intelligence' article this week, which reports on the attraction of its technology sector.

Making reference to the Enterprise program 'Locate', it highlights a plan which aims to turn the Island into 'an Irish Sea version of California'.

Writer David Byers says the government's ambition is to lure young entrepreneurs with a mix of low taxes and lifestyle.

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