The organisation hoping to turn the Nunnery in Douglas into a new education facility for Information Technology has until the end of this week to raise the money it needs.
Under a deal with the government, the Manx Education Foundation charity has to raise £12.5 million in backing by January 31 – this Friday.
If it can raise the backing it needs, the government has agreed to let it buy the complex for £5 million later this year.
The Foundation, a registered charity, already runs the Island’s mobile and family libraries, and hopes to set up the International Centre for Technology at the Nunnery.
Businesses urged to consider taking on apprentices
MHK calls on government to take action to secure better air connectivity
Clothing store to relaunch in local indoor skate park
Vet makes 'difficult decision' to temporarily suspend his services on Island
