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New Enterprise Allowance (NEA) aims to help unemployed people claiming out of work benefits who wish to start up their own business. Participants in NEA work with a business mentor to develop their business idea. Once they have started trading and left benefits, they receive a weekly allowance.
These statistics record the number of people who have started working with a business mentor and who have started receiving the allowance. The main findings are:
93,880 starts with an NEA business mentor
46,000 have started trading, left benefits and started receiving the weekly allowance