Self-Employment Program (Nova Scotia)
NS, Canada
Training for unemployed workers to start a business in Nova Scotia
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Nova Scotia
- Employment Nova Scotia
grant_single|status
grant_card_status|open
grant_single_labels|preview
If you are receiving employment insurance benefits, you may be eligible for financial and business assistance to develop a business plan and start your own business or create your own job.
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The Self Employment Program in Nova Scotia encourages entrepreneurial endeavours by offering support for developing and launching new business ideas. It focuses on activities that require full-time dedication to planning and establishing new businesses that comply with income standards.
- Developing a comprehensive business plan under the guidance of a Self Employment Coordinator.
- Participating in mandatory business training and workshops provided by the program.
- Engaging in coaching and mentoring sessions to refine and implement business ideas.
- Full-time commitment to start and grow a sustainable business for a 40-week program period.
- Monthly progress reporting on business development and entrepreneurial activities.
grant_single|admissibleProjectsExample
$ 10,000
Develop an eco-tourism service
$ 14,000
Start a women's health and wellness center
$ 12,000
Start a sustainable urban farming business
$ 15,000
Launch a mobile app development startup
$ 11,000
Establish a digital marketing consultancy
$ 12,000
Open a zero-waste grocery store
grant_single_labels|admissibility
The eligibility criteria for company involvement in this grant are linked to the evaluation of the business idea by the Self-Employment Coordinator.
- The business idea must demonstrate potential to provide a full-time income and produce an average hourly rate of earnings of minimum wage or more.
- The business idea must be feasible and viable as assessed by the Self-Employment Coordinator.
grant_eligibility_criteria|who_can_apply
The Self Employment Program is open to individuals who are unemployed and meet specific eligibility criteria. These criteria include being a Canadian citizen or permanent resident legally entitled to work in Canada, residing in Nova Scotia, needing to earn a full-time employment income, having been attached to the labour force for a minimum of 24 months, and having a business idea. Additionally, applicants must be LMDA eligible, which can be determined through various criteria related to Employment Insurance (EI) claims and previous employment earnings.
grant_eligibility_criteria|who_cannot_apply
Some types of companies are not eligible for the Self Employment Program grant in Nova Scotia:
- Companies planning to enroll in an educational institution full-time
- Former participants in the Self Employment Program within the past 4 years
- Companies that have already started their business
grant_eligibility_criteria|eligible_expenses
The Self Employment (SE) Program in Nova Scotia aims to assist eligible unemployed individuals in creating their own sustainable jobs through self-employment. It includes entrepreneurial support and potentially financial assistance to help with business planning and start-up.
- Entrepreneurial support through orientation, workshops, coaching, and mentoring.
- Access to specific business training, including mandatory sessions for business development.
- Financial assistance for eligible costs such as dependent care, disability needs, tuition costs, transportation, and accommodation.
- Provision of a weekly living allowance for participants in Stream 1.
- Continuation of Employment Insurance benefits for eligible participants in both streams.
- Monthly reporting of self-employment progress as part of the program requirements.
- Development and implementation of a business idea that has the potential to provide a full-time income.
grant_eligibility_criteria|zone
This program is available to individuals who are residents of a specific geographical area. The eligible geographical area is defined to ensure that applicants are located within the region served by the program.
- Residents of Nova Scotia, Canada.
grant_single_labels|criteria
There are evaluation and selection criteria for the Self Employment Program grant in Nova Scotia. Applicants are assessed based on factors such as employment status, business idea viability, and commitment to full-time participation.
- Employment status (unemployed)
- Canadian citizenship or permanent resident status
- Residency in Nova Scotia
- Business idea feasibility
- Ability to earn full-time income
- Attachment to the labor force for a minimum of 24 months
- LMDA eligibility (meeting specific criteria)
grant_single_labels|register
- Step 1: Initial Contact
- Contact an employment service provider, such as Nova Scotia Works Centre, ISANS, or Pheonix, for guidance and information about the Self Employment Program process.
- Step 2: Eligibility Assessment
- Meet with an employment service provider to assess your eligibility for the SE Program.
- Complete an employment assessment.
- Develop a Return-to-Work Action Plan with a Case Manager.
- Step 3: Referral and Business Idea Assessment
- If eligible, get referred to a Self Employment Coordinator for further assessment.
- Have your business idea assessed by the Self Employment Coordinator to ensure it meets program criteria.
- Step 4: Application Preparation and Submission
- With the assistance of your Case Manager, prepare a program application to Employment Nova Scotia.
- Submit the application to Employment Nova Scotia.
- Step 5: Application Review and Agreement
- Wait for Employment Nova Scotia to review your application.
- If approved, enter into a funding agreement with the Nova Scotia Department of Labour, Skills and Immigration - Employment Nova Scotia.
grant_single_labels|otherInfo
Participants should be aware of several logistical and operational details linked to the Self Employment Program.
- The program is designed to support the development of business ideas that can generate an income equivalent to at least minimum wage with full-time effort.
- Mandatory training is required and participants are expected to engage fully, dedicating at least 35 hours a week to their business development.
- The program duration is typically 40 weeks but can be extended up to 52 weeks for individuals with disabilities, allowing for part-time participation.
- Participants must engage with an employment service provider for eligibility assessment and program access.
- Continued financial support is contingent upon monthly progress reporting of the business development.
grant_single_labels|contact
1-877-223-0888
Apply to this program
Empowering Entrepreneurs in Nova Scotia
The Self Employment Program provides essential support to unemployed individuals in Nova Scotia, enabling them to transform viable business ideas into sustainable self-employment opportunities. This grant offers a combination of entrepreneurial guidance and financial assistance, supporting participants from the inception of their idea through to the establishment of their business.
Diving Deep Into the Self Employment Program's Offerings and Advantages
The Self Employment Program in Nova Scotia is an initiative tailored to assist unemployed individuals in transitioning from job-seeking to job-creating. This transformation is facilitated through comprehensive entrepreneurial support and potential financial assistance, designed to guide individuals from the formulation of their business idea to its realization. The program recognizes the challenges of starting a new venture, especially for those who have faced unemployment, and aims to bridge those gaps with structured support mechanisms.
The program offers two distinct streams to accommodate different participant backgrounds and circumstances. For individuals who have been unsuccessful in securing employment despite extensive job searches, Stream 1 provides a support framework that includes continued receipt of Employment Insurance benefits, aligned with entrepreneurial development assistance. This stream is particularly beneficial for those who have documented their job search efforts and have compelling reasons to pivot towards self-employment as a viable alternative.
Stream 2 is tailored for those who, while unemployed, prefer to pursue self-employment without engaging in further job searches. Participants in this stream also benefit from entrepreneurial support and may continue receiving their EI benefits, providing a financial safety net as they embark on establishing their business. This flexibility ensures that participants can focus entirely on cultivating their business idea into a feasible and sustaining enterprise.
The program is structured around a 40-week duration, encouraging intensive focus on developing the business. Participants are expected to adhere to a full-time commitment, dedicating at least 35 hours per week to their business endeavors, although accommodations are available for individuals with disabilities that may impact their ability to commit full-time. Entrepreneurial support includes mandatory training sessions, mentoring, and ongoing workshops, all orchestrated to build foundational business skills and confidence in the participants.
Financial assistance under the program is comprehensive, potentially covering costs associated with dependent care, educational tuition, and transportation needs, alongside a living allowance to ease daily financial burdens. This multifaceted financial support underscores the program's commitment to removing barriers that might otherwise hinder entrepreneurial ambitions. Moreover, the stipulation for business ideas to aim for full-time income generation is critically designed to ensure that participants develop economically viable ventures capable of supporting their livelihoods.
The Self Employment Program also emphasizes regular communication and progress tracking, mandating monthly reports from participants to monitor their business development. This not only fosters accountability but also facilitates ongoing assessment and support adaptation as required by the participants’ evolving needs.
Eligible participants are required to engage an employment service provider at the onset, generating a comprehensive employment assessment and a personalized Return-to-Work Action Plan. This initial step is pivotal in aligning participant aspirations with realistic business goals and available program resources. Through collaboration with a Self Employment Coordinator and a Case Manager, individuals receive tailored strategic advice and assessment to bolster their business concept’s feasibility and potential for success.
Ultimately, the Self Employment Program stands as a robust opportunity for individuals in Nova Scotia to redefine their career trajectory by cultivating their own business. By marrying financial assistance with strategic entrepreneurial training and support, the program not only empowers individuals to forge their path to self-sustainability but also contributes to the overall economic dynamism of Nova Scotia. Participants emerge not only with a viable business but as equipped entrepreneurs, ready to navigate and contribute to the local economy.
