Due to its sucess, Mark Hoban MP, has recently announced that the NEA will be expanded making it even quicker and easier for people on Jobseeker's Allowance to set up their own business. Over 8,180 new businesses have been set up since April 2011 thanks to the New Enterprise Allowance (NEA).
Those who produce a viable business plan will also be able to get access to £2,000 worth of financial support from day one - slashed from the previous six month wait.
Gavin Williamson MP commented on this news saying:
'This Government is dedicated to ensuring that all those who want to work hard and get on in life are given the skills that they need to compete and thrive in a global economy. The New Enterprise Allowance is making it quicker and easier for people to set up their own businesses. Thats an aspiration nation in action.