Metro Business Opportunities (MBO) Self Employment Assistance

Amount:

no fixed amount

Type:

Grant

Description:

Self Employment Assistance helps individuals in St. John’s and Mount Pearl who are eligible for or in receipt of Employment Insurance (EI) Benefits, and would like to start their own business. This program enables eligible individuals to create jobs for themselves through self-employment by providing financial assistance, on-going business advice and support, and access to business skills development opportunities for a maximum of 52 weeks.

Comments on Funding:

Funding takes the form of a financial support for a maximum of 52 weeks.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be qualified individuals;
2. be eligible for or in receipt of EI benefits;
3. be residents in St. John’s and Mount Pearl.

Application Steps:

Applicants must contact MBO through their online form.

Documentation Needed:

Applicants must provide the following:
1. A referral from Department of Advanced Education and Skills Confirming EI Eligibility;
2. An application for 10-week Concept Development Period OR Submit Completed Business Plan;
3. A Self-Employment Assistance Program Application;
4. A Current Resume;
5. A Completed Equity Statement;
6. A Proof of Required Financing;
7. A Copy of City Business Permit.

Other Things to Note:

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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