The Encouraging Entrepreneurship and Self-Employment Initiative will support Australians, particularly young people, who want to start their own business. Four key measures make up the Encouraging Entrepreneurship and Self-Employment Initiative, which is part of the broader Youth Employment Package announced in the 2016-2017 Budget
The four key measures include:
Entrepreneurship Facilitators work in three high youth unemployment areas promoting entrepreneurship as a way for young people to create their own job. The facilitators help young people considering starting a small business to get their idea up and running.
The SelfStart online hub provides information to guide young people through the first stages of starting their own business. SelfStart provides links to resources and articles that cover topic areas including planning, validating your idea, finding local support, and perfecting your pitch.
The New Enterprise Incentive Scheme (NEIS) provides help for people to become self-employed by starting a business. There are 8,600 NEIS places available each year and the eligibility has been broadened to allow more people to get involved.
The two week workshops provide young people with a taste of what is involved in self-employment and starting a business. After these workshops, participants will have the opportunity to gain first-hand experience in running a small business.
More information on other programs available for young people to find and keep a job is available.