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New Enterprise Allowance


New Enterprise Allowance can provide money and support to help you start your own business if you’re getting certain benefits.
 
Eligibility
You must be aged 18 or over, have a business idea and get one of the following benefits:
You may also be eligible if you get Universal Credit.
 
Your Jobcentre Plus work coach can check if you qualify and refer you to the scheme.
 
You don’t qualify if you’re part of the Work Programme, but you can still get other help setting up a business.
 
Help you can get
You could:
The loan has to be paid back, the allowance doesn’t.
Any money you get doesn’t affect your Housing Benefit, tax credits, Income Tax, Universal Credit or Access to Work grant.
 
You could get a business mentor who will:
  • help you develop your business idea
  • support you to start trading
How it works
A specialist will assess your business idea. If it has potential you’ll be signed up to the scheme and get a business mentor.
You’ll be able to claim financial support if:

 


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