Business Success Group

Improving People.... Improving Business
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Free Call: 1300 666 612
Ph: 07 3666 5900
Fax: 07 3666 5950
Email: enquiries@bsgroup.com.au
Postal: PO Box 1215 Fortitude Valley Qld. 4006
Street: Level 3, South Tower 527 Gregory Terrace Bowen Hills Qld. 4006

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New Enterprise Incentive Scheme
NEIS


What is NEIS?

The New Enterprise Incentive Scheme (NEIS) is an Australian Government initiative designed to assist unemployed people to establish new business ventures. Business Success Group was the first Managing Agent (MA) established in Queensland to manage & deliver NEIS under contract to the Department of Employment and Workplace Relations. Having delivered the NEIS program across Queensland BSG has developed an exceptional development program which builds knowledge of the participants and supports successful businesses through a mentoring program.

NEIS provides participants with nationally recognised small business training, professional business plan development, income support for up to 12 months and participation in the mentoring program. NEIS assists applicants to create new, independent small businesses which otherwise would not exist.

Read about some of our NEIS success stories or you can download our NEIS flyer
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Who is eligible for NEIS?

NEIS is open to people who meet the following eligibility criteria:

  • Aged 18 years or over
  • Registered with Centrelink as unemployed or on a support pension
  • Receiving a qualifying Centrelink payment
  • Not an undischarged bankrupt

Acceptance into NEIS is subject to a number of eligibility conditions and also depends on the availability of places. Competition for places in the Scheme is substantial and only those demonstrating business viability and competitive advantage are accepted.

If you are not eligible for NEIS you can still undertake small business training with Business Success Group through funded programs or on a fee for service basis.


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What types of businesses can be approved?

All types of businesses are considered with local markets and conditions considered during the process. Applications are assessed by an experienced review team who consider

  • Business viability
  • Potential for growth and expansion
  • Experience of applicants in the marketplace
  • Business opportunity in the marketplace
  • Market size & niche
  • Uniqueness of service
As well as fulfilling the selection criteria of the Scheme, the proposed business must not have commenced business operations on a full-time commercial basis or be operating under a franchise agreement.


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What training is provided?

A training course in small business management is delivered by BSG prior to the submission of the business plan for approval. Training may be completed via workshop attendance or self placed learning. Recognition prior learning (RPL) is available. On completion of the course you will have produced a business plan, which is presented to an external Advisory Committee who assesses the plan for viability. If your business plan is approved, then you will be transferred to the NEIS program and receive the NEIS allowance for up to 52 weeks.
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Brisbane > Toowoomba > Bundaberg > Rockhampton > Mackay > Townsville > Cairns
Email: enquiries@bsgroup.com.au Ph: +617 3666 5900 Fax: +617 3666 5950