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New Enterprise Allowance

West Yorkshire Enterprise Agency is working in partnership with Jobcentre Plus to deliver an enterprise scheme aimed at jobseekers that have a viable business idea but need help to get it off the ground.

Participants on the scheme are assigned their own business mentor and given access to free start-up workshops to help them write a business plan as they prepare to start trading.

Once participants have signed-off jobseekers allowance, they can claim weekly payments for their first 26 weeks of trading to help take the financial pressure off as the business grows.

There is also the option to apply for a loan of up to £2500 to help cover some of the start-up costs associated with setting up a business.

The scheme is open to West Yorkshire jobseekers who are over 18 and have a firm business idea. You must be claiming either jobseekers allowance, lone parent income support or employment and support allowance (work-related activity group).

For more information please email info@wyea.co.uk or contact the NEA team on 01924 786500.