Do you have a great business idea?
New Enterprise Incentive Scheme (NEIS) can help bring your idea to life! NEIS is designed to assist eligible applicants who have a business idea and want the opportunity to start their own business.
Our qualified and knowledgeable NEIS team is committed to assist you in developing your business idea. NEIS is a self-employment intiative fully funded by the Australian Government.
Our NEIS Program includes training in:
Marketing and promotion
Legal and administrative requirements
Financial and operational planning
Developing a business plan
The NEIS Program provides accredited small business training, business advice and mentoring for eligible job seekers, as well as ongoing income support for up to 39 weeks.
You no longer need to receive support from Centrelink to participate in NEIS. To participate in NEIS you must:
- Not be working and not enrolled in study
- Be at least 18 years old when you begin your NEIS business
- Not be an undischarged bankrupt
- Not have received NEIS Assistance for a similar business activity, and
- Not have received NEIS Assistance in the previous three years
- Be a new business (ie has not been operating before)
Your business idea must be:
Your business idea must be:
- Independent (not a franchise or part of a selling scheme)
- Reputable and legal
- Assessed as financially viable
- The business must not be currently operating
Some of you will be turning a hobby into a business; some of you will have been made redundant and many of you will have a long history of working for others but due to restructure, will find yourself looking at self-employment.
E-Learning is a convenient and effective option for NEIS participants. In our virtual classroom students can interact with trainers and other students in a supportive environment.*
NEIS Participants' Business Promotion Videos
BRACE NEIS Participant Finalist in Prestigious Award
“In early 2014 I was made redundant. I decided to start my own business. There is so much information is out there and it can be difficult to piece together, let alone make sense of it. I came across the local BRACE Office in Port Adelaide and we discussed my proposed business idea. I must say that it was the best move that I made. Over the last 12 months during highs and lows, there are certainly some challenges that you can be prepared for. Each time we have grown or changed I have always come back to the foundations that were nurtured within the NEIS Scheme. Having a strong foundation has allowed me to meet and conquer those challenges head on. We now have 3 staff with another about to begin, and work nationally helping Small and Medium Enterprises (SME’s) with their telecommunications solutions. I am so proud to say that this is my business, my brand and my creation. I could never go back now to working for someone as an employee.”