Do you dream of owning your own business? Being the boss and making decisions for the future? In partnership with the New Enterprise Incentive Scheme (NEIS) as part of the Federal Government’s commitment to small business, you can achieve your dream sooner as a NEIS business.
With over 35 years of success the NEIS program offers you training and support specifically tailored to help you start and run a small business. It is simple to follow and will allow you to bring to life those ideas and plans you have had for your future.
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NEIS training can help you achieve a nationally recognised small business qualification. During the training, we can will help you to develop a Business Plan and Financial Projections out to two years.
Initially you will participate in a Certificate III in Entrepreneurship and New Business as part of your program, which runs for total 13 weeks including 8 weeks of delivery and 2 weeks to finalize assessments. This means that people receiving certain types of income support (such as JobSeeker Payment) are not required to look for work while undertaking their small business training.
Some of the topic covered in the training are:
If you are currently receiving income support from Services Australia or the Department of Veterans Affairs (DVA), you may be eligible to receive NEIS Allowance for up to the first 39 weeks of starting your NEIS business.
The amount of NEIS Allowance that you receive will not be affected by income from your NEIS business, however, external income not associated with your NEIS business may affect your income. NEIS Allowance is equivalent to the single, 22 or over, no children rate of JobSeeker Payment, and is paid fortnightly in arrears. Payment is subject to you meeting your obligations under your NEIS Participant Agreement.
If you are receiving Income Support Payments from Services Australia such as Parenting Payment (Single), Disability Support Pension, Volunteers receiving an Income Support Payment from Services Australia or the Department of Veterans’ Affairs (Centrelink/DVA), you can choose to stay on those payments and still sign up for the NEIS program so you then receive free mentoring support.
You may also be able to receive NEIS Rental Assistance. This is a fixed rate payment for a period of 26 weeks from the date you first receive NEIS Assistance. To be eligible for NEIS Rental Assistance you must have been receiving Services Australia or DVA rental assistance before you start receiving NEIS Allowance.
You may be eligible for NEIS payment if you:
NEIS applicants must also:
If you are eligible, your NEIS provider will assess the business idea to make sure it meets the business eligibility criteria. This means the proposed NEIS business:
Dates and locations will be made available upon acceptance into the program.