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