The New Enterprise Incentive Scheme (NEIS) provides eligible Participants with NEIS Business Mentoring for the first 52 weeks of their new business.
NEIS Assistance aims to give NEIS Participants the best chance of establishing a successful and viable business at the end of their NEIS participation.
Once the NEIS Provider determines if a person is eligible for NEIS Assistance, the person needs to complete the relevant application process, including agreeing to or signing the NEIS Participant Agreement, which sets out their requirements.
Once the NEIS Participant starts in NEIS Assistance, the NEIS Provider provides assistance and advice about organisational, financial and marketing issues to help the Participant set up and run their NEIS Business.
During the first year of operating, eligible NEIS Participants may also receive NEIS Allowance for up to 39 weeks and NEIS Rental Assistance for up to 26 weeks.
- Creation Date
- Modified date
- TRIM Reference
Department of Employment, Skills, Small and Family Business
- Publication Category
English / Australian English
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