New Enterprise Incentive Scheme – NEIS

Want to start your own business? We can support you!

 

What is NEIS?

New Enterprise Incentive Scheme (NEIS) helps eligible job seekers to start and run their own business.  ETC provides the NEIS program in the NSW Mid North Coast and North Coast regions. For more information Contact Us OR complete the Enquire Now form.

  • What does NEIS provide?

    NEIS offers approved applicants:

    • Income support for up to 39 weeks (NEIS Allowance) and NEIS Rental Assistance for up to 26 weeks (if eligible)
    • Personalised mentoring and support in the first year of the new business to help a job seeker put their business idea into practice
    • Accredited small business management training (BSB30315 – Certificate III in Micro Business Operations)
    • Development of a business plan
    • Development of a marketing strategy
  • Benefits of NEIS with ETC?

    • Support and guidance throughout the program
    • Access to experienced small business consultants
    • Staff with local area knowledge, empathy, and understanding
    • Networking opportunities
  • How do I get started?

    To participate in NEIS you must be registered with a jobactive or Disability Employment Services provider. Your provider can tell you if you are eligible.

    Also, you must:

    • be 18 years or older when you begin receiving NEIS Assistance
    • be available to participate in required training and work full-time in your proposed NEIS business
    • not be undischarged bankrupt
    • not have received NEIS Assistance for a similar business activity
    • not have received NEIS Assistance in the previous three years
  • Additionally, your NEIS business must:

    • not be currently operating on a commercial basis
    • independent and capable of withstanding public scrutiny
    • assessed as commercially viable by a NEIS provider
    • not be based on the purchase or takeover of an existing business
    • not be competing 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
    • be established, located and operated solely within Australia
    • be in an area of skills shortage for those less disadvantaged job seekers

Hear what our previous NEIS clients have to say:

Enquire Now

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