NEIS

WHAT IS NEW ENTERPRISE INCENTIVE SCHEME?

The New Enterprise Incentive Scheme (NEIS) is an Australian government funded program which assists in developing self- employment through developing a business idea into running your own business.

NEIS also creates secondary employment. For every 10 NEIS businesses, on average, a further 8 new jobs are created.

How NEIS Works

1. APPLICATION PROCESS

2. INITIAL CLASSROOM BASED TRAINING

  • You will commence your Initial Classroom based training in BSB40320 Certificate IV – in Entrepreneurship & New Business.
  • During this period, you will be required to complete a Business Plan and Financial modelling of your Business idea.
  • This Business plan will then be assessed for acceptance onto the NEIS contract.

3. NEIS CONTRACT

  • During this period, you will receive mentoring for 52 weeks and will be required to discuss and report on your Business at least once a month.
  • Where applicable the NEIS allowance will be received for 39 weeks.
  • Where applicable Rental assistance will be received for the 26 weeks.

NEIS COURSE DATES
09.02.2021
02.03.2021

FOR NEW NEIS APPLICATION

ROR EXISTING PARTICIPANTS FORM

SEE A CASE STUDY OF NEIS WORKING WITH A STARTUP

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