If you are an eligible job seeker and are interested in starting and running a small business, you may be able to access assistance through the New Enterprise Incentive Scheme (NEIS).

Who can participate in NEIS

To participate in NEIS you must be registered with a Job Services Australia provider.  You also must:

• be at least 18 years old when you begin receiving NEIS Assistance
• be available to participate in required training and work full time in your proposed NEIS business*
• not be an undischarged bankrupt
• not have received NEIS Assistance for a similar business activity, and
• not have received NEIS Assistance in the previous two years.

 

Your NEIS business must be:

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

 

Call Grants Australia 1300 362 755 for more information