Thursday, June 29, 2017

Back to Work Enterprise Allowance

Back to Work Enterprise Allowance is an allowance available from the Department of Social and Family Affairs through Sligo LEADER Partnership Company. It provides financial support to people who are unemployed to set up their own self employment business.

Since May 09 there are two types of Back to Work Enterprise Allowance namely:

1) The Standard Back to Work Enterprise Allowance.

To avail of this you need to be twelve months unemployed with an entitlement to Jobs Seekers allowance. You may be eligible for the allowance if you are in receipt of other types of social welfare payments, please check with you local social welfare office.

Those who are successful in their application will receive two years financial support package in the form of the retention of their social welfare payment – 100% in year one and 75% in year 2. They may also be eligible for a grant from social welfare to help with advertising, insurance or equipment costs.

2) The Short Term Back to Work Enterprise Allowance.

This new allowance was introduced to assist recently unemployed people to assist in setting up their self employment business. To avail of this allowance you need to be in receipt of Job Seekers benefit.

From once you are approved for Job Seekers Benefit you have an immediate entitlement to apply for the short term Back to Work Enterprise Allowance. You may also be eligible for a grant from social welfare to help with advertising insurance or equipment costs.

Mentoring support is also available.

For more information on this scheme please contact Michael Glennon on 086 3717204.

Application forms for the Back to Work Enterprise Allowance can also be downloaded from the following link:
http://www.sligoleader.com/local-community-development/enterprise-training-employment/next-move-programme/attachment/back-to-work-enterprise-allowance-application-form/

Click here to download a pdf copy of the Back to Work Enterprise Allowance Business Plan workbook. (714kb)
http://www.sligoleader.com/local-community-development/enterprise-training-employment/next-move-programme/attachment/back-to-work-enterprise-allowance-business-plan-workbook/

Click here to download tax registration form (416kb)
http://www.sligoleader.com/local-community-development/enterprise-training-employment/next-move-programme/attachment/tax-registration-form/

If you would like to register your company name; click on the link below.
http://www.cro.ie/ena/business-registration-business-name.aspx