New Enterprise Allowance Programme for Devon & Cornwall

BIP has recently started delivering the New Enterprise Allowance Programme in Devon and Cornwall. This is a new Department for Work and Pensions initiative for people that have been unemployed for six months or more and are thinking of starting up their own business or becoming self-employed. The programme provides support from business advisors and mentors in developing their business plan prior to commencing trading. The assistance also continues during their first six months of being in business.

Those partaking in the programme are supported by the New Enterprise Allowance for the first six months of trading (worth £1275) and also have the opportunity of a business loan of up to £1000 when they start trading to further aid them in getting their business off the ground.

We are also working to build a volunteer mentor resource for the area and are currently seeking successful business owners that would like to give a little time to supporting prospective entrepreneurs. Job Centre Plus are anticipating that over 700 new businesses will start over the next two years through their involvement with the project; enhancing the local economy and benefiting all businesses in the area. You can help us to make this a success by getting involved.

If you are interested in becoming a volunteer business mentor please get in touch with BIP on Free Phone 0330 1000338 or team@bipwestdevon.biz . There will be a travel allowance available and help and assistance from a business advisor who can advise you along the way.

If you are currently unemployed and thinking of starting your business or becoming self employed you'll need to speak to your local job centre. They will be able to tell you all about the New Enterprise Allowance Scheme and if you are eligible they can refer you onto the programme.