The New Enterprise Incentive Scheme (NEIS) provides job seekers with accredited small business training, business mentoring, and income support to help them turn a business idea into a viable business and help them to become a self-employed business owner.
The scheme is delivered by a national network of NEIS providers under Job Services Australia (the employment services system), in locations right around the country.
NEIS providers include local organisations, such as Business Enterprise Centres, TAFE Small Business Centres, community organisations, and private sector businesses.
A NEIS provider gives job seekers personalised assistance to help them achieve their business goals, and will maintain regular contact for the first year of the new business to provide help to the NEIS participant to work through any business problems.
More detailed information for job seekers on NEIS and the small business training provided as part of the scheme is available.
Job seekers participating in the scheme receive a NEIS Allowance for up to 39 weeks while they are operating their NEIS business. The amount received is not affected by the income received from the NEIS business and some participants may also be eligible to receive NEIS Rental Assistance.
More information for job seekers on NEIS Allowance is available.
To participate in NEIS job seekers must be registered with a Job Services Australia or Disability Employment Services provider. More information on who can participate in NEIS is available.