Earlier this month the Prime Minister, David Cameron, announced the government’s plans to expand its New Enterprise Allowance scheme which assists those out of work who wish to set up their own business.
The initiative will be rolled out nationwide this autumn with the potential to create thousands of jobs in 2011 alone and up to 40,000 new businesses by 2013.
David Cameron said:
“It is vital that we ensure businesses, and those people who find themselves out of work but have the drive and desire to set up their own business, have all the advice, support and mentoring they need. Together we can make the years ahead some of the most dynamic and entrepreneurial in our history.”
Those interested in the New Enterprise Allowance will be given access to a business mentor who will provide guidance and support around their business idea and through the early stages of trading.
If they can then demonstrate they have a viable business proposition with growth potential, they can claim financial support which could be worth around £2,000 to each unemployed person who wants to start their own business.
The scheme begins in January in Merseyside and will then be rolled out to the remaining target areas from April and nationally in the autumn.
Are you a budding entrepreneur? Could you benefit from the New Enterprise Allowance? To learn more visit: http://www.dwp.gov.uk/adviser/updates/new-enterprise-allowance/
For information on how DHL Servicepoint can help small businesses visit: www.dhlservicepoint.co.uk