NEIS training helps individuals achieve a nationally recognised qualification and is a Centrelink approved activity for up to 13 weeks.
Your NEIS provider will refer you to the appropriate training taking into account your business idea. This will be either a:
- Certificate III in Micro-Business Operations or
- Certificate IV in New Small Business.
During the training you will develop a NEIS Business Plan which will need to be approved by your NEIS provider
If you are currently in receipt of an income support payment, and you choose to participate in NEIS, you may be eligible for NEIS Allowance. NEIS Allowance may be paid for up to the first 39 weeks of business operation.
NEIS Allowance is equivalent to the single, 22 or over, no children rate of Newstart Allowance, and is paid fortnightly in arrears, subject to you meeting your obligations under your NEIS Participant Agreement
The amount of NEIS Allowance that you receive will not be affected by income from your NEIS business. You can receive income from outside your business (such as from investments or other work) while participating in NEIS. However, your NEIS provider will ensure that the NEIS business is your primary, full-time activity. If your external income is greater than twice the basic rate of NEIS Allowance in a given financial quarter, it may affect the amount of your NEIS Allowance.
If you are a recipient of some Department of Human Services’ or Department of Veterans’ Affairs' pensions, you may be able to choose to remain on these payments while participating in NEIS.
NEIS Rental Assistance
If you take part in NEIS you may also be able to receive NEIS Rental Assistance. This is a fixed rate payment for a period of 26 weeks from the date you first receive NEIS Assistance.
NEIS business mentoring and support
NEIS offers dedicated mentoring and support for those who have a business idea. If you take part in NEIS you will receive business mentoring during the first year of the operation of your business. NEIS business mentors will provide assistance and advice about organisational, financial and marketing issues to help you to develop your business.
Want more information?
- You can directly approach a NEIS provider located in your area. You can find your local NEIS provider on the Find a Provider page on the jobsearch website.
- If you are registered with jobactive, ParentsNext or Disability Employment Services you can talk to your provider
- Call the Employment Services Information Line on 13 62 68
- Read the Self-employment—New Enterprise Incentive Scheme general fact sheet
- Find out about help available through NEIS or get more details on eligibility.