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 and 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 and with practical small business expertise (they operate their own businesses)
- Our mentors have selected for their small business expertise
- Established and 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 for NEIS, participants must:
- be 18 or over
- be in receipt of a Centrelink benefit
- have an active Jobseeker ID
- be registered with a Job Service Provider
Information Sessions:
Tuesdays 10:30am Parramatta BASI, Level 3, Suite 302 55 Phillip St
Wednesdays 4.00pm 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
Applying to NEIS:
To Apply please download NEIS APPLICATION FORM PART A and NEIS APPLICATION FORM PART B 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:
- BSBSMB404A – Undertake small business planning
- BSBSMB401A – Establish legal and risk management requirements
- BSBSMB402A – Plan small business finances
- BSBSMB403A – Market the small business
- BSBMKG413A – Promote Products and Services
- BSBCUS401A – Coordinate implementation of Customer Service Strategies
- BSBRES401A – Analyse and present research information
- BSBSMB405A – Monitor and Manage Small Business Operations
- BSBFIA301A – Maintain financial records
- BSBFIA402A – 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
