Business Assistance
Self Employment Benefit Program
(OSEB)
The Ontario Self-Employment Benefit (OSEB) program provides entrepreneurial skills
development support to approved participants to help them develop and implement their
business plan and become self-employed. OSEB allows participants to concentrate on
building a sustainable business by providing them with financial assistance while they
receive business advice and support.
To qualify for the OSEB program clients must meet the following criteria:
- are Canadian citizens or permanent residents legally entitled to work in Canada and meet the definition of an insured individual.
An insured individual is an insured person who at the time of requesting assistance (i.e. the Ministry's receipt of application) is an unemployed person:
-
for whom an EI benefit period has been established; or
- whose EI benefit period ended within the last 36 month;or
- who is re-entering the labour force after having left it to care for newborn or newly adopted children. (must have a benefit period that began within the last 60 months during which they were paid maternity or parental benefits.
In addition the applicant must: - Have not previously participated in a self-employment program (provincial or other ) within the last 24 months
- Have not begun working on his/her business prior to seeking approval.
- Be available to work at least 35 hours each week.
In order to successfully join the OSEB program.
- Contact Career Edge(Bancroft Office: 613-332-3804) to complete a thorough employment needs-based service determination and develop a mutually agreed upon return to work plan to determine that self employment is an appropriate employment goal.
- Meet with the OSEB Coordinator for a business and applicant viability assessment which is confirmed and approved by Ministry of Training Colleges and Universities (MTCU). If the business idea appears sound, the client would then start the mandatory business training at the CFDC office.
- During training, the client completes a business plan for assessment by the coordinator and the MTCU representative to establish if the client is approved to start the proposed business under the OSEB program.
For more info call Mary Lynn at 613 332-5564
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