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Self-Employment Assistance Program
Duration
Up to a
maximum of fifty-two (52) weeks.
Criteria
Participants must identify a business opportunity and with the assistance of local business development resources, develop a business plan.
Participants are encouraged to try offering a product or service:
a) that, while locally available, must be imported from elsewhere;
b) that a local company uses on a regular basis;
c) for which there is a high or increasing demand;
d) that would be a more efficient way to produce or lower the cost of an existing product or service;
e) using scrap or waste from other businesses to produce a product;
f) by inventing, producing and marketing a new product;
g) by repackaging an existing product and reselling it.
There are certain business situations considered
not suitable
which include:
A business controlled by someone other than the person receiving financial assistance; and
A business where revenue is mainly from commissions, such as sales commissions.
A business that is not assessed to meet labour market supply and demand ie.: a new construction company at Six Nations where there are already 25 construction companies in operation and no development taking place in the community.
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