Enterprise allowance Scheme to return

January 5th, 2011  |  Published in Uncategorized

As a business set up in the 1980’s under the original scheme, and with some clients who started the same way, we appreciate the boost the EAS can give to those about to start in business, but nervous about the prospect of living on fresh air at first.

The scheme will be launched in Merseyside this month, with a national rollout expected by autumn.

Under the scheme, unemployed people who can prove they have a robust business plan will receive allowances of £1,275 over six months. They will also be connected to volunteer mentors from local business communities who can assist with business planning and if their plans are strong enough, they may then receive a loan of up to £1,000 from Jobcentre Plus to cover start-up costs.

We can help you draw up that plan. While the precise requirements have not been announced yet, we can help you draw up a cash flow forecast, which will help you, banks and the government see whether your business plan is a viable one.

Ring for more information.

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