No Fixed Amount
Type of Program:
The Self Employment (SE) program provides entrepreneurial support and financial assistance to Labor Market Development Agreement (LMDA) eligible, unemployed Nova Scotia participants starting their own business. The maximum duration of an agreement with a participant is 40 weeks.
In addition to financial support, the Self Employment (SE) Benefit program offers training and support to help participants start and grow their businesses, including mentorship opportunities and business planning workshops.
Participants can access mentorship opportunities through the program’s partnership with the Centre for Entrepreneurship Education and Development (CEED). CEED provides one-on-one mentorship to help participants develop their business plans, identify potential customers, and develop marketing strategies.
Business Planning Workshops
The Self Employment Benefit Program offers business planning workshops to help participants develop their business plans. These workshops cover a range of topics, including market research, financial planning, and marketing strategies.Workshops are led by experienced business professionals who can provide guidance and feedback as participants develop their plans.
Comments on Funding:
The applicant currently receiving Employment Insurance, may continue to receive his regular Employment Insurance benefits until the end of your benefit period, after which he may be eligible to receive a living allowance to the end of his Self-Employment agreement.
If the applicant is not in receipt of Employment Insurance benefits, he may be eligible to receive financial assistance for living expenses. Temporary financial assistance may be provided in exceptional circumstances to cover all or part of the following costs related to participation (e.g., dependent care, disability needs, tuition costs, transportation and accommodation).
When It Ends:
The applicant must:
Applicant must visit a Nova Scotia Works Centre in his local area who will advise him on his options and help him with the Self-Employment application process.
Applicant must receive an employment assessment and develop a Return to Work Action Plan with a case manager. The case manager's decision is required before Employment Nova Scotia can assess your application.
Applicant must submit the application.
The applicant must provide proof to Employment Nova Scotia of the required client contribution amount (a bank statement, loan evidence, statement of ownership, etc.)
Other Things to Note:
Individuals who have received a payment under the Canada Emergency Response Benefit (CERB) are now eligible to apply for employment programs that are delivered by Employment Nova Scotia.