Self-Employment Assistance

Starting a business while unemployed can be financially risky, especially when personal income is uncertain. For individuals in Newfoundland and Labrador who are considering self-employment as a path back into the workforce, the Self-Employment Assistance program offers a way to focus on building a business without immediately losing income support. Delivered by the Department of Advanced Education, Skills and Labour, this initiative is designed to help people transition from employment insurance into sustainable self-employment.

Rather than functioning like a traditional startup grant, Self-Employment Assistance provides ongoing financial support while you work on launching your business, often for up to a year. In many cases, participants continue receiving EI benefits during the early stages, with additional living support available afterward if needed. Beyond income assistance, the program connects participants with experienced local advisors who help refine business ideas, develop a solid business plan, and navigate the realities of running a small business in Newfoundland and Labrador. Support may also extend to certain participation-related costs, making it easier to stay focused on building momentum.

The program is open to people across industries and communities, with applications currently being accepted on an ongoing basis for those meeting certain requirements. For anyone exploring self-employment and wanting structured guidance alongside financial stability, learning more about how Self-Employment Assistance works could be a smart next step.