Self-Employment Assistance

Overview of the Self-Employment Assistance program:

The Self-Employment Assistance program provides financial and entrepreneurial assistance to eligible (unemployed) individuals to help them create jobs for themselves by starting a business in Newfoundland and Labrador. There are two elements to the program, one for organizations acting as coordinators for the program and one for individuals seeking assistance.

Benefits of the Self-Employment Assistance program:

• Financial assistance may be provided to coordinators to cover the costs of providing entrepreneurial
• Support and expertise to participants while they develop and/or implement their business plan.
• Eligible costs may include (but not limited too) items such as:
• Staff Wages;
• Mandatory Employment Related Costs;
• Professional Fees;
• Travel;
• Telecommunications;
• Audit;
• Rent;
• Utilities;
• Furniture;
• Advertising;
• Postage/Courier;
• Bank Charges;
• Insurance;
• Printing; and
• Office Supplies.

Eligibility criteria of the Self-Employment Assistance program:

• Eligible Sponsors
• The Self-employment Assistance Coordinator program shall only be used to assist eligible
• Organizations that are either:
• Businesses;
• Federal crown corporations and comparable provincial/territorial crown corporations;
• Organizations;
• Individuals;
• Municipal governments;
• Band/tribal councils; and
• Public health and educational institutions.