New enterprise incentive scheme

The New Enterprise Incentive Scheme (NEIS) helps eligible unemployed people to start and run their new, viable small business.

NEIS provides training in small business management, business skills and business plan development, plus business advice and mentoring support during the first year of operation. If you are eligible, you may also receive:

- NEIS Allowance for up to 52 weeks
- NEIS Rental Assistance for up to 26 weeks.

NEIS training is based on the Certificate IV in Business (Small Business Management). NEIS will help you develop a business plan as part of your training. The plan will need to be approved before you can start your business with NEIS assistance. The plan will also help you if you need to approach banks or credit unions for finance. NEIS does not provide start-up funds such as loans or grants.

Visit workplace.gov.au/neis for more information about the New Enterprise Incentive Scheme.