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Home Business Digital & Technology

Finalists of the 2025 Innovation Challenge announced

April 4, 2025
in Business, Digital & Technology, Isle of Man
Finalists of the 2025 Innovation Challenge announced
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Fifteen businesses from across the globe will face their industry peers on 26 June, as they present cutting-edge solutions at the Isle of Man’s highly anticipated 2025 Innovation Challenge Finale Day at the Comis Hotel.

The Challenge, aimed at promoting innovation and collaboration in the technology sector, attracted a diverse range of applicants. Over 100 registrations were received from countries including the UK, India, South Africa, Brazil, Austria and Singapore.

Following a rigorous selection process, 15 finalists were chosen for their FinTech, Data & AI, and Cleantech solutions addressing some of the Island’s most pressing needs. In the lead up to the Finale Day in June, finalists will be provided with tailored mentoring and support from leaders in the Island’s tech industries, as well as networking opportunities with industry peers and local businesses as they bring their solutions to life.

Innovation Challenge 2024 winners in FinTech – Umazi

Organised by the Isle of Man Department for Enterprise’s Executive Agencies—led by Digital Isle of Man and in collaboration with Business Isle of Man, Finance Isle of Man and Visit Isle of Man—from today, the finalists will collaborate with the Agencies, as well as regulators, industry leaders and local businesses to bring their solutions to life.

Tim Johnston MHK, Minister for Enterprise, said: “I am pleased to see the return of the Innovation Challenge for 2025, continuing to position the Isle of Man as a thriving hub for global innovators. As the Challenge grows each year, attracting ambitious businesses from around the world, it brings forward real-world solutions to sustainability, technology, and financial challenges facing our Island and economy. With the support of our dynamic business community and experienced mentors, this initiative not only drives innovation locally but also reinforces the Island’s role on the global stage.

“I look forward to seeing the breadth of ideas and talent showcased in this year’s cohort, culminating in what promises to be an exciting Finale Day.”


Main picture: Innovation Challenge 2024 winners in Biosphere – 4Learn

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Sue Fitzgerald

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