answer text |
<p /> <p /> <p /> <p>The Government is keen to promote and provide support to help
people start and build their own business. One of the ways we are doing this is through
the New Enterprise Allowance (NEA).</p><p> </p><p>The NEA provides access to business
mentoring and financial support for people on benefits interested in starting up their
own business. The financial support consists of a weekly allowance payable over 26
week's worth up to £1,274. If participants need start-up capital they may also apply
for an unsecured loan through the Department for Business, Innovation and Skills start-up
loan scheme.</p><p> </p><p>So far 32,520 businesses have been created and 56,700 claimants
have started working with a mentor.</p><p> </p><p>We announced in the Autumn Statement
our intention to extend the scheme through to 2015/16.</p>
|
|