Sponsored by the Department of Work & Pensions (DWP) and operating in conjunction with Cumbria Chamber, N&W Lancashire Chamber, St Helens Chamber and Blue Orchid. The New Enterprise Allowance (NEA) is a scheme designed to assist unemployed people who wish to start their own business.
It is available to individuals claiming Jobseeker’s Allowance (JSA), Employment and Support Allowance (ESA) and those receiving Income Support if they are a lone parent, or are sick or disabled. Some Universal Credit claimants may also be eligible for the scheme.
NEA will also offer support for UC clients who are already self-employed and will support them to develop and grow their business, this will include support from a business mentor, workshops on finance and social media/marketing and the development of a Business Development and Growth Plan (BDGP).
Interested and eligible individuals are referred by Jobcentre Plus to a contracted provider organisation which matches them with a business mentor after the participation in A Link Up: Start Up workshop and a one to one meeting. The mentor assists the individual in drawing up a business plan & financial templates which is then assessed by the provider organisation.
Workshops covering finance and social media/marketing will also be provided.
Once completed and approved, the individual can access financial support, up to £1274, when they stop claiming benefit.
The scheme has supported over 1500 new businesses to be successfully launched in the last 5 years in East Lancashire – helping reinforce the enterprise credentials of the area.
All clients will be offered 12 months ongoing support on completion of the NEA programmes.
For further information on the programme and the support available please contact your local Job Centre Plus office.