AN event designed to give talented individuals and visionaries a chance to collaborate on their ideas, is taking place next weekend.
The aim is to build teams around great ideas, with the purpose of developing a viable product.
Anybody is welcome to attend by registering at the islestartup.com website.
It takes place at the Empress Hotel, Douglas next Friday and Saturday. (November 16 and 17).
The ‘informal’ event will conclude on Saturday evening, where an invited panel of judges will rate and advise the teams on their efforts.
Potential investors are also welcome to attend the final demonstration, after 5pm, with the opportunity to network with the teams at the conclusion of the event.
The vision behind this free, not-for-profit, event is to promote growth in the Isle of Man.
In a tough economic climate the ability to diversify into new industries will be the key to the success of the island.
Laurence Skelly MHK said: ‘The IsleStartup event is another positive example of local initiative, expertise and innovation in the Manx business community which can only benefit the island economy in terms of potential investment and jobs creation’.
Martin Katz of the Isle of Man Angel Network, who are helping support the event, said: ‘We talk a lot about having an enterprise culture in the Isle of Man and a ‘‘can do’’ attitude. IsleStartup is about encouraging people to grasp the nettle by turning those words into positive productive action’.
Boston Group is providing a prize of first year incorporation costs for the winning team. The Isle of Man Bank is also offering the winning team three years of free business banking.
For further information and how to register, visit www.islestartup.com