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startup grant

  • EarlyBirds tips for a beginner entrepreneur

 

Entrepreneur, Early Bird Distributor

EarlyBird Entrepreneur received a startup grant in November 2017. He works as an Early Bird distributor in the Nummela and Vihti area.

He works under a business name and he has found that Early Bird work suits him. He used to do shift work at Matkahuolto, but he felt that night work would be the best option for him because of family related reasons.

-        I studied working with metal in a trade school. After that I decided to change my area of work and I went to study business at Laurea University of Applied Sciences. As a part of my studies I made a business model for my own company. During the days I sell spare parts for motorcycles and during the nights I deliver mail. It works perfectly for me, he says.

He thinks that Early Bird delivery work is an easy way to increase ones income and that it can be done full-time or part-time.  He also encourages new entrepreneurs to seek a startup grant. A requirement for receiving the grant is an entrepreneurship course, which he also completed.

-        I will apply to Laurea’s degree programme in business information technology during the spring of 2018, and I believe that studying and being an entrepreneur at the same time can work with good planning. At the moment I’m taking a break from my studies.

He thinks that Early Bird delivery work is suitable for people in various life situations. The work is flexible and independent.

-        You get experience by doing and every person develops their own individual way of working. Early Bird delivery works very well for me at the moment, He says.

Note these things when you apply for a startup grant:

The purpose of startup grants is to encourage new businesses and promote employment. The grant provides an entrepreneur with a secure income during the time that getting the business up and running is estimated to take – however for no more than 12 months. The startup grant consists of a basic grant, which amounts to EUR 32.40 a day, and it is paid for no more than five days a week.

You may be eligible for a startup grant if

You are an unemployed jobseeker

You are not unemployed, but you are setting up as a full-time entrepreneur after a period in paid employment, education or domestic work

You are part-time entrepreneur and you are planning to become full-time entrepreneur.

The startup grant will only be granted by the TE Office once it has been established that enterprising is a suitable option for the applicant to employ him/herself.

Preconditions for receiving the grant include

Being a full-time entrepreneur

Having adequate capabilities for the intended business

Having potential for continued profitable operation

The grant is necessary for the entrepreneur's survival

The business is only started after the grant has been awarded.

Note that as an unemployed jobseeker you can choose whether you want to apply for a startup grant or if you want to receive unemployment benefits for the first four months. If you start your business while you are unemployed, during the first four months it will not be evaluated if you are working full time or part-time. As an unemployed jobseeker you will get unemployment benefits for that period of time.

How to apply for a startup grant


When you are planning on starting a business and applying for startup grant, the first thing to do is to contact Enterprise Finland Telephone Service. The advisors guide and inform you on starting a business and on applying for startup grant.

Source: TE-office

 


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