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New Enterprise Incentive Scheme (NEIS)
Program ID: 5894
Overview
This program aims to provide 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. NEIS is part of jobactive and delivered by a network of 21 providers who provide individualised help for job seekers.

NEIS provides job seekers with:
- Accredited small business training and business mentoring for up to 52 weeks.
- Income support for up to 39 weeks (NEIS Allowance) and NEIS Rental Assistance for up to 26 weeks (if eligible).
- Personalised mentoring and support from a NEIS provider in the first year of the new business to help a job seeker put their business idea into practice.

A total of 6,300 NEIS places are available nationally each year.

As announced in the 2016-17 Federal Budget, the government will provide an additional $88.6 million over four years from 2016-17 to expand the this program and to support self-employment opportunities for young people.

From 1 December 2016, the government will introduce a suite of initiatives to expand self-employment opportunities and encourage entrepreneurship among young Australians. These include:
- ''Exploring Being My Own Boss'' workshops to engage young job seekers to explore self-employment as an alternative pathway to employment.
- Self-Employment and Entrepreneurship Starter Packs to raise awareness of the self-employment assistance available to youth.
- Engaging Inclusive Entrepreneurship Facilitators in areas of high youth unemployment to assist potential entrepreneurs in accessing local mentors and services.

The number of places in NEIS will also be increased to 8,600 per annum and eligibility will be expanded to people not on income support, including recently retrenched workers.
Who Can Apply
Eligible applicants include businesses that:
- Cannot already be operating on a commercial basis.
- Will be independent.
- Are lawful and capable of withstanding public scrutiny.
- Have been assessed as commercially viable by the NEIS provider.
- Are not based on the purchase or takeover of an existing business.
- Will not compete 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.
- Will be established, located and operated solely within Australia.
- Will be structured so the job seeker has and will maintain a controlling interest over the NEIS business for the duration of the job seeker’s time in NEIS.
- Will not be a not-for-profit unless otherwise agreed to by the Department of Employment.

Please review the Fact Sheet for jobseekers' eligibility requirements.
Eligible Activities
Eligible participants are required to undertake NEIS training and operate their NEIS business in accordance with their NEIS Business Plan, and meet all the terms of their NEIS Participant Agreement.

Please review the Fact Sheet for the specific activities of each assistance provided by the program.
Applies to
DocumentationUploaded
Fact SheetNovember 2016
NEIS Assistance and Business Mentoring GuidelinesNovember 2016
Use these documents as a guide only - always get the latest direct from the Administrator
Status Open
Closing Information
This program is open on an ongoing basis.
Funding Type Mentoring and Support
Total Funding Pool $88.6M
Requires Co-contribution? Yes
Competitive Yes
Location National
Industry
General - Non-Industry Specific
Activities
Start-up / Establishment
Training / Employment
Difficulty Rating
Department
Department of Employment
Program Administrator
Department of Employment
Telephone 136 268
General Website Visit website
Program Website Visit website
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