New Enterprise Incentive Scheme (NEIS)
“Helping you start up and keep up”
If you are an eligible job seeker and are interested in starting and running a small business, you may be able to access assistance through the New Enterprise Incentive Scheme (NEIS)!
NEIS training is a Centrelink approved activity for up to 13 weeks. This allows time for completing the course (normally eight weeks), assessment of your business plan by your NEIS provider, and any final business preparations.
What NEIS provides…
- Certificate IV in Small Business Management
- NEIS income support for up to 52 weeks
- NEIS rental assistance for up to 26 weeks (if eligible), and
- Business mentoring and support during the first 12 months of business operation.
Business mentoring and support is an essential component of NEIS. Our NEIS business mentors are highly qualified individuals with proven business acumen and experience in marketing, finance, accounting and other relevant business skills.
Information Session
Participant Requirements
Business Criteria
To Apply
Qualification
Why choose NEIS assistance through our Business Enterprise Centre?
The answer is simple:
- Our dedication and focus on individuals needs
- Proven expertise in assisting small businesses since 1989 and NEIS businesses since 1992
- Assisted over 2,500 NEIS participants in starting their own small business with a high success rate
- A strong local Sydney & national business networks
- We provide on-going support to clients during and after NEIS assistance
- Access to regular networking events across Sydney metro area
- Referrals to our supporters, e.g. accountants, solicitors, etc.
- Our trainers are Accredited & with practical small business expertise( they operate their own businesses),
- Our mentors have selected for their small business expertise
- Established & Proven NEIS Provider since 1992.
We are also delivering on behalf of NSW Department Industry & Investment, the Greater Sydney Business Advisory Program.
As a NEIS provider we will provide you with individualised assistance to help you achieve your goals put your business idea into practice.
As a NEIS participant will receive a number of face-to-face NEIS business mentoring sessions for the first year of operation of your business, including assistance and advice about organisational, financial and marketing issues to help develop your business.
Our goal is to help you maximise your business success!
Types of approved businesses
To be eligible, a business must:
- Be new and not have operated commercially
- Be independent
- Not compete with existing business unless you can show there is an unsatisfied demand
- Be legal and reputable
- Be financially viable- your business plan must indicate that your business will earn at least as much as the NEIS Allowance after one year of business operation.
Some partnerships can also be eligible for NEIS if discussed with your NEIS provider
Participant Requirements
To be Eligible, you must:
- Be in receipt of a Benefit and must have a Jobseeker ID Number
- Be referred by your Job Services Australia Provider
- Submit a Resume/ CV with application
- If finance is required, show written proof or a bank statement
- and include any licenses required to operate the business
To apply to participate in NEIS, you should contact your local Job Services Australia provider to discuss whether NEIS is an appropriate activity for you. Your Job Services Australia provider can tell you if you are eligible.
For more information you can check out one of our daily information sessions:
Mondays 10am Chatswood MaxNetwork 66-70 Archer St
Tuesdays 10:30am Parramatta BASI Level 3, Suite 302 55 Phillip St
Wednesdays 4pm City-Clearly Business Level 19, 323 Castlereagh St
Fridays 10:30am Bondi Junction- ESBEC 1A Newland St
1st Monday of month 12 noon Brookvale Level 1, 694-696 Pittwater Rd
To Apply please download a and NEIS 101 Form and NEIS APP SS 10 and send it to:
NEIS Program
Clearly Business
Level 19, 323 Castlereagh St
SYDNEY NSW 2000
andrea@easternsuburbsbec.com.au
Qualification
Upon successful completion of the NEIS training course, participants will receive either Certificate IV in Business (BSB40407) or
Certificate III in Micro Business Operations (BSB30307), which are both nationally recognised qualification.
The Certificate IV is made up of the following units:
- BSBSBM301A Research business opportunities
- BSBSBM401A Establish business and legal requirements
- BSBSBM402A Undertake financial planning
- BSBSBM403A Promote the business
- BSBSBM404A Undertake business planning
- BSBMKG401A Profile the market
- BSBMKG402A Analyse consumer behaviour for specific markets
- BSBCMN405A Analyse and present research information
- BSBCMN407A Coordinate business resources
- BSBCMN408A Report on financial activity.
The Certificate III is made up of the following units:
- BSBSMB301A – Investigate micro business opportunities
- BSBSMB302A -Develop a micro business proposal
- BSBSMB303A -Organise finances for the micro business
- BSBSMB304A- Determine resource requirements for the micro business
- BSBSMB305A- Comply with regulatory, taxation and insurance requirements for the micro business
- BSBFIA301A- Maintain financial records
- BSBFIA303A -Process accounts payable and receivable
- BSBREL401A-Establish networks
- BSBCUS301A- Deliver and monitor a service to customers
- BSBSMB403A -Market the small business
