Self-Employment Program (Nova Scotia) – Grant Brief ### 📋 Eligible Entities - Primary applicants: Individuals currently receiving Employment Insurance (EI) benefits - Self-employed individuals: Those who want to transition from EI to self-employment or job creation - Sole proprietors: Individuals establishing new businesses or self-employment ventures - Job creators: Those creating employment for themselves (and potentially others) - Requirement: Must be a Canadian citizen, permanent resident, or eligible temporary resident residing in Nova Scotia ### 💰 Funding Details - Grant structure: Financial assistance provided (non-repayable contributions) - Typical range: Up to $2,500–$3,000+ in direct financial support (amount varies based on individual circumstances and program iteration) - Business planning support: Funded training and mentoring to develop business plans - Matching requirement: Generally no matching funds required from applicant - Repayability: Non-repayable grant (not a loan) - EI benefit continuation: May be able to receive EI benefits while participating, subject to program rules ### 🛠️ Approved Expenses - Business plan development: Professional assistance and training for creating a comprehensive business plan - Startup costs: Initial business-related expenses (equipment, licensing, permits, initial inventory—subject to approval) - Business training: Courses, workshops, and mentoring in business fundamentals - Professional services: Accounting, legal, or consulting advice related to business launch - Marketing and branding: Initial promotional materials and business setup - Tools and resources: Business software, templates, and planning resources ### ⚠️ Conditions & Milestones - EI eligibility: Must be an active EI claimant at time of application - Business plan submission: Applicant must develop and submit an approved business plan before funding release - Viability assessment: Proposed business must demonstrate reasonable potential for success and self-sufficiency - Ongoing compliance: Participant must engage in required counseling, mentoring, and check-ins with program coordinator - Timeline: Business must launch within defined period (typically 6–12 months from approval
À propos de ce programme
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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