Unemployed and Setting Up a Company?

Did you know that there are special schemes available to unemployed people wanting to set up their own business, including production companies?

If you are unemployed and want to set up a production company, your first port of call should be your local Social Welfare Office and local Enterprise Officer.

Here’s a run-down of what’s available:

1. If your start-up is approved, you may be able to retain your full jobseeker’s benefit for up to a year and a proportion of the benefit for the following year. This gives a potential 2 year safety net for those looking to set up their own company.

2. You may be able to keep some of your secondary benefits also, e.g. Fuel allowance, Medical card, Diet Supplement etc.

Here’s what you’ll need:

1. A Business Plan

2. A Cash-Flow Projection

3. Potential investors

Enterprise Ireland runs a series of courses for those starting their own business, some which are free for the unemployed. To find answers to some FAQs about setting up a business in Ireland, take a look at citizens information.ie

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About lisamcnamee

Filmmaker and Writer. I spend most of my time sorting out the vast paperwork involved in the filmmaking process. I thought that a guide, specific to the Irish situation, might be helpful for those staring into the abyss that is funding and production paperwork. Here I will post tips for getting your film funded, sold, and details of any new sources of finance I come upon. Obligatory disclaimer: I'm a producer, not a lawyer so use common sense and check anything you take from this with your own representation before using.
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