Starting or running your own business

You may be able to get New Enterprise Allowance to help you:

  • start your own business
  • develop your business, if you’re already self-employed

The New Enterprise Allowance programme is closing on 1 January 2022. If you want to get New Enterprise Allowance, you need to discuss this with your work coach by 31 December 2021.

Starting your own business

You could get mentoring and an allowance to help you start your own business through New Enterprise Allowance.

You may be eligible if you’re over 18 and either:

  • you or your partner get Universal Credit, Jobseeker’s Allowance or Employment and Support Allowance
  • you get Income Support and you’re a lone parent, sick or disabled

What you’ll get

You’ll get a mentor who’ll give you advice and support to help you set up your business and start to trade.

Once you’ve made a business plan that your mentor has approved, you:

  • may get a weekly allowance worth up to £1,274 over 26 weeks
  • can apply for a loan to help with start-up costs

How to get New Enterprise Allowance

Talk to your Jobcentre Plus work coach. They’ll check your business idea and help you if you’re eligible.

Developing your business

If you’re self-employed and getting Universal Credit, you may be able to:

  • get a mentor who’ll give you advice and support to help you develop your business
  • apply for a start-up loan if your business is less than 2 years old

To find out if you’re eligible for New Enterprise Allowance, contact your work coach by signing in to your Universal Credit account.

If you’re disabled or you have a health condition

You may be able to get extra support through an Access to Work grant.