The government has spent £1.38 million investing in companies to create 109 jobs over the next five years.
Economic Development Minister Laurence Skelly was asked about a new £50 million investment fund in Tynwald last week.
He told the court a number of companies had already successfully applied for a share of the cash, and more deals are on the way.
Mr Skelly revealed how much had been spent so far:
Financial regulator proposes higher fees
Chance to air your views on mortgage brokers
£20k for 24 days work a year as Steam Packet director
Popular Douglas cafe up for sale
Company reveals hopes for Swiss Chalet
Premium estate agent launches new license on Island
Signs approved for estate agent's new office
Number of aircraft registered here declining since 2022