Eligibility Requirements
Who is eligible:
To be eligible for NEIS people must be:
- registered with Centrelink for full-time work
- over 18 years and less than Age Pension age
- receiving a Department of Social Security (DSS) allowance or pension which includes a living allowance component
- not have received NEIS Allowance in the previous two years; or previously for the same business activity
- Are not an undischarged bankrupt
To be eligible for income support under NEIS, proposed businesses must:
- be new and not yet operating on a full-time basis
- be independent and be reputable
- be assessed as commercially viable and recommended for NEIS allowance by a NEIS Advisory Committee
- not compete directly with existing businesses (unless there is an unsatisfied demand for the product or service, or they are to be provided in a new way)
- not buying an existing business or buying into a franchise
- Proof of finances to start the business or access to funds. (NEIS does not provide start up costs).
