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New Enterprise Allowance

Available all areas of Wales

New Enterprise Allowance is the flagship programme from DWP for People on benefits who wish to start their own business or run an existing business.

We work with customers who have an existing business as well as those thinking about self-employment for the first time support we offer includes, but is not limited to:

New Business Start-Ups:

Advice and training to assist individuals with starting and running their own business, ensuring a successful transition off-benefits, including support from a designated business mentor to help with:

• Designing a business model
• Finding Customers
• Assessment of business skills
• Developing a marketing strategy
• Social Media Marketing
• Book keeping and Tax
• Finding and applying for funding / grants
• Sales skills and customer service
• Creating a business plan and financials easily
• New business starts could be eligible for up to £1274 when they start trading - this is paid weekly

Eligibility Criteria: The provision is open to:

Aged 18 and over and claiming:

• Jobseekers Allowance
• Employment Support Allowance
• Income Support
• Universal Credit

Universal Credit Existing Businesses:

Support for those who are already self-employed to help increase earnings and make the business successful, ensuring they exceed the Universal Credit Minimum Income Floor, including:

• Business analysis
• Revising marketing
• Financial recalculations: maximising profit by reducing expenditure
• Creating a business growth and development plan easily
• Visibility and Sustainability of your business
• Social Media Marketing

Universal Credit Existing Businesses eligibility criteria:

Currently self-employed and:

• Claiming Universal Credit
• Not yet reaching the Minimum Income Floor
• Not previously participated in NEA provision

 

Referrals: Ask your work coach in the Job Centre for a referral today to New Enterprise Allowance or put a message on your Universal Credit Journal "Please refer me to New Enterprise Allowance for business support".