Community Business Development Corporation (CBDC) Yarmouth Self-Employment Benefit (SEB) Program

Amount:

no fixed amount

Type:

Grant, In-Kind Support

Description:

The Self-Employment Benefit (SEB) program offers a range of support to eligible unemployed individuals in Atlantic Canada as they embark on their entrepreneurial journey. This assistance encompasses financial aid, counseling, and technical guidance during the early stages of their business endeavors.

Comments on Funding:

Funding takes the form of financial assistance:
– Eligible applicants must be receiving or have received Employment Insurance (EI) benefits within a certain timeframe and will continue to receive your Employment Insurance (EI) benefits until their claim ends. At this time, they will receive support at a provincially established rate for the duration of time remaining on the SEB Program; OR
– If approved for the SEB Program, but are not currently receiving Employment Insurance benefits, they will receive a weekly allowance at a provincially established rate.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be eligible unemployed Atlantic Canadians;
2. have the initial phase of their business;
3. be located within the service area of CBDC Yarmouth.

Application Steps:

Applicants must:
1. contact Nova Scotia Works to discuss if they qualify for the Self-Employment Benefit (SEB) Program. They will then refer the applicants to one of the Self-Employment Benefit Coordinators to start the application process;
2. have an initial meeting with the SEB Coordinator;
3. complete and submit an application form and they will also need to prepare a business plan.

4. The application and business plan will be presented by the Self-Employment Benefit Coordinator to a committee and evaluated according to provincially established program criteria.

Documentation Needed:

Applicants must submit:
1. the completed application form; and
2. the business plan.

Other Things to Note:

SEB is funded by the government of Canada through the Canada-Provincial Governments Labor Market Agreements.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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