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Isle of Man

Department for Enterprise – Graduate and Student Support Schemes

20 May 2021

IoD talks DfE

The Department of Enterprise has launched two schemes as part of the Graduate Ecosystem; the new Graduate Role Incentive and the reintroduction of the Manx Internship Programme.

The Graduate Role Incentive formed under the Department for Enterprise’s Financial Assistance Scheme with funding provided by the Economic Recovery Group opened for applications on 11th May 2021. The scheme is designed to provide short-term internship opportunities for students and interested individuals looking for work experience across different industries and sectors of the Manx economy.

The Incentive is available for new, full-time roles which require an RQF Level 6 qualification or higher, at a minimum starting gross salary of £21,000 per year. All applications must carry a development plan for the graduate to ensure they have sufficient opportunities for professional growth.

Full article - https://www.iomdfenterprise.im/news/graduate-role-incentive-for-isle-of-man-businesses-launched/

The Manx Internship Programme provides work-based placements for young people to gain experience and to support businesses with additional resources during a challenging time.

The Programme, led by Business Isle of Man, an Executive Agency of the Department for Enterprise, provides wage support for intern’s equivalent to the current rate of the National Living Wage (which as at May 2021 is £10.19 per hour), for up to 35 hours per week for private, public and third sector organisations, with placements lasting for an average of eight weeks.

Organisations will be matched with interested individuals and students who are looking to gain real world work experience and improve their CV, as well as those considering a change in career.

Full article - https://www.iomdfenterprise.im/news/2021-manx-internship-programme-launched/

For more information on the Manx Internship Programme, visit: https://www.businessisleofman.com/initiatives/internships/

To find out more about the Graduate Role Incentive, visit: https://www.iomdfenterprise.im/financial-support/funding/graduate-role-incentive

Credit https://www.iomdfenterprise.im/news/

For more information, please contact.

07624 355160

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Isle of Man

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IoD Isle of Man
6th Floor, Victory House
Prospect Hill, Douglas
Isle of Man IM1 1EQ

Headquarters:
The Claremont 
18-22 Loch Promenade, Douglas
Isle of Man IM1 2LX

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