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<p>Latest statistics show that 76,960 new businesses have been set up with the support
of the New Enterprise Allowance (NEA).</p><p> </p><p>A cohort study of the initial
participants in the scheme showed that 78% of the first 2,960 NEA participants who
started to trade remained off benefits for 52 weeks.</p><p> </p><p>In January 2016
we published an evaluation report which showed that business established with the
support of NEA had a sustainability rate of 80%, with over 90% of these trading for
over 12 months. Around half of the respondents to the survey reported an expansion
in their customer base or an increase in turnover. The majority of respondents were
planning to expand their business in the future.</p>
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