Business Enterprise Centre

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If you’re unemployed and eligible, we can help you establish your own business through the New Enterprise Incentive Scheme (NEIS).

With NEIS you will:

  • complete a recognised qualification
  • receive 39 weeks of income support
  • receive 12 months of mentoring from an experienced business mentor.

 

WHAT IS NEIS?

The New Enterprise Incentive Scheme (NEIS) is a programme that assists unemployed people start their own business.
It aims to help people set up viable small businesses by offering:

  • practical business training
  • income support
  • expert mentoring.

Box Hill Institute is one of the largest NEIS provider in Victoria.

We are part of Greater Melbourne Employment and Training Services (GRAMETS).

NEIS is funded by the federal Government through the Department of Employment.

 

WHAT DO I GET?

Through NEIS you get:

  • a recognised qualification – BSB30315 Certificate III in Micro Business Operations (see below for more information)
  • NEIS Income Support from the federal government for up to 39 weeks
  • NEIS Rental Assistance for up to 26 weeks if you are eligible
  • business mentoring for 12 months, so you get tailored advice and the support you need to help ensure the long-term success of your business.
    This includes group and individual mentoring sessions. You will be matched with a mentor from our panel of experienced business mentors

The Certificate III in Micro Business Operations is a nationally accredited qualification comprised of the following units:

  • BSBSMB301 Investigate micro business opportunities
  • BSBSMB302 Develop a micro business proposal
  • BSBSMB303 Organise finances for the micro business
  • BSBSMB304 Determine resource requirements for the micro business
  • BSBSMB305 Comply with regulatory, taxation and insurance requirements for the micro business
  • BSBSMB306 Plan a home based business
  • BSBWOR301 Organise personal work priorities and development
  • BSBFIA301 Maintain financial records
  • BSBSMB403 Market the small business
  • BSBCUS301 Deliver and monitor a service to customers

How NEIS Works

You will complete 7 weeks of free training and graduate with a nationally recognised qualification. The course covers the following topics:

  • Introduction to Small Business
  • Business Planning
  • Legal and Administrative Requirements
  • Marketing
  • Financial Planning
  • Operations Planning
  • Record-keeping

The training is full time, Monday to Friday from 9am to 3.30pm.  You will continue to receive your Centrelink payments while you study.

You will also develop a Business Plan. This is the most important step for your business. We will review your Business Plan and if approved as a viable business, you will be ready to begin Stage 2 of the NEIS program.

After signing your NEIS contract, you will receive:

  • NEIS Income Support from the federal government for up to 39 weeks (if eligible)
  • NEIS Rental Assistance for up to 26 weeks if you are eligible
  • business mentoring for 12 months. This includes group and individual mentoring sessions. You will be matched with a mentor from our panel of experienced business mentors. So you get the tailored advice and support you need to help ensure the long-term success of your business

Am I Eligible?

You can participate in NEIS if you;

  • are at least 18 years of age at the time of commencing in NEIS Assistance;
  • are not prohibited by law from working in Australia;
  • are available to participate in NEIS Training (if relevant) and work Full-Time in your proposed NEIS Business;
  • have not received NEIS Assistance in the previous three years;
  • are not an undischarged bankrupt.

If you are a recipient of some Department of Human Services’ or Department of Veterans’ Affairs’ pensions, you may be able to choose to remain on these payments while participating in NEIS.

 

What sort of business is allowed?

If you are eligible, your NEIS provider will assess the business idea to make sure it meets the business eligibility criteria. This means your proposed NEIS business:

  • cannot already be operating on a commercial basis
  • will have an independent business structure
  • is lawful and capable of withstanding public scrutiny
  • has been assessed as commercially viable by the NEIS provider
  • will not compete directly with existing businesses unless it can be demonstrated that there is an unsatisfied demand for the product or service, or the product or service is to be provided in a new way
  • will be established, located and operated solely within Australia
  • will be structured so you have and will maintain a controlling interest over the NEIS business for the duration of your time in NEIS
  • will not be a not-for-profit business unless otherwise agreed to by the Department of Employment.

 

DO I LIVE IN A BHI SERVICE AREA?

To be eligible for our NEIS programs, you need to live in one of the following regions where we can deliver the NEIS program:

  • Inner Metropolitan Melbourne
  • South Eastern Melbourne and Peninsula
  • Western Melbourne
  • Goulburn-Murray

Please contact us if you are not sure whether you live in our NEIS employment region.

How to Apply

To apply for a NEIS program you must: