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Enterprise

START YOUR OWN BUSINESS COURSE

Monaghan Integrated Development is running a number of short START YOUR OWN BUSINESS COURSES during 2010.

Your participation on one of these courses will assist you in developing, researching & evaluating your business idea. Alternatively, if you would like to start your own business but are unsure of what type of business, you can attend our business ideas generation workshop.

The SYOB course runs for one evening a week over 4 weeks. A breakdown of the content of each evening is outlined below:

Evening 1: Personal Suitability for Self Employment

Elements of Business Plan

Evening 2: Developing & Researching Idea

Promoting the Business on a Shoestring

Evening 3: Costing & Pricing

Finances and Resources Required

Evening 4: Legal Requirements

Finalising the Business Plan

Feebback from participants on our Start Your Own Business Course

“The course has highlighted aspects of starting my own business that I had not considered before but also has given me confidence to put my ideas into action”

“ The course has opened my eyes about starting your own business. Not as easy as it looks. There will be a lot of hard work to set up. Enjoyed the course.”

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Photos of our recent Start Your Own Business Course participants 2010

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Scheduled dates for remaining 2010 courses are as follows;

8th September

6th October

3rd November

The training will be held each Wednesday evening from 7 p.m. – 10 p.m. in our main office at Monaghan Rd., Castleblayney.

Participants who complete the training & proceed to start-up may be eligible for the Back to Work Enterprise Allowance Scheme or Short Term Enterprise Allowance Scheme. Since 2009 completion of a start your own business course is a qualifying condition of the BTWEA/STEA schemes..

Download application form:

Start Your Own Business (SYOB) Course Application Form (word)

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Photos of our recent Start Your Own Business Course participants 2010

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The Community Economic Development Officer (CEDO, Julie Clarke, helps unemployed individuals who are considering self-employment. Supports available include;

* Business mentoring and development supports

* Assistance with Department of Social Protections Back to Work Enterprise Allowance Scheme and Short Term Enterprise Allowance Scheme applications

* Assistance with the completion of Revenue TR1 forms

* Registration of Business Name with the Companies Registration Office

* Identification of necessary training courses to enhance business and referral to the Education Co-ordinator for funding

* Free advertising on www.midlbusinessdirectory.com

Here's what some of our clients have said about our service:

“More confident now because I know there is support available from MID to help deal with any difficulty”

“My continued success would not have been possible without the enterprise support and assistance of Monaghan Integrated Development, there is a lot of back-up available, it’s great, when different issues arise I feel I can approach MID for advice and direction”

“If more people were aware of the supports available both educational and financially, I feel more people would be inclined to consider self-employment”

“I would like to say that the course was a lot better than I thought it would be and that the services that are made available after the course has finished and whilst the business is starting up are very good and will be extremely helpful “

Back to Work Enterprise Allowance (BTWEA)

The BTWEA scheme is designed to help people who are getting certain social welfare payments to become self-employed. Under this scheme participants will continue to receive a percentage of their social welfare payments for a maximum of 2 years. To qualify for the BTWEA you must be 12 months unemployed and have an entitlement to job seekers allowance.

Participants will keep the following portions of their social welfare payment, for a maximum of 2 years:

• 100% for the 1st year
• 75% for the 2nd year.

From 1 May 2009, if you have previously participated in the BTWEA scheme and used up your entitlement, you can participate a second time after a period of at least 5 years has elapsed.

Short-Term Enterprise Allowance (STEA)

A new Back to Work Allowance Scheme called the Short-term Enterprise Allowance commenced on the 1st May 2009. Under this scheme there is no waiting - you can get access to the scheme immediately if you have an entitlement to Jobseeker’s Benefit and have either 104 PRSI contributions paid in the last 2 years or qualify for statutory redundancy.

The Allowance will be paid to qualifying applicants for a maximum of 1 year. It will end when your entitlement to Jobseeker's Benefit ends (that is, at either 9 months or 12 months).

If you qualify for the Short-term Enterprise Allowance you will keep 100% of your weekly social welfare payment, including increases for a qualified adult and qualified children.

Application pack for the BTWEA/STEA Schemes

BTW2 form (pdf)

Initial Letter for individuals interested in Enterprise Allowance Schemes

Business Plan Workbook Part 1
Business Plan Workbook Part 2 (excel)

Confirmation of status Certificate
Tax Registration: Form TR1 (pdf)

Application form for SYOB course here

Application form for Business Ideas Generation Workshop

New Enterprise Clients Resource Pack

Information leaflet on BTWEA/STEA (word)

Enterprise Supports Available from Monaghan Integrated Development (MID) (word)
Local Business Support Agencies (pdf)

MID Business Directory Online Registration Form

List of Printing, Signage & Insurance Companies for new businesses