The Island beat off a number of competitors including, Tokyo, Paris, Los Angeles and Toronto to become home to the International Institute of Space Commerce.
Creation of the IISC project has been a joint initiative between the International Space University (ISU) based in Strasbourg, France, and the Manx Government. The ISU wanted to become more global and wanted to establish a number of associated international institutes around the world. The first of those institutes to start up is the Isle of Man’s IISC. It will offer a ‘global masters programme’ for students in space commerce.It will have its official opening on Saturday.