Start-up grant

The purpose of the start-up grant is to provide you with a secure income during the start-up phase of your business until it is up and running.

The start-up grant can be granted for up to 12 months. For the application, a business plan, a profitability analysis and a financial plan are needed. Our business advisor assists you in gathering the information and documents required.   

Am I eligible for a start-up grant?

You may be eligible for a start-up grant if:  

• you are an unemployed jobseeker
• you are not unemployed, but you are setting up as a full-time entrepreneur after a period in paid employment, education or domestic work
• you are a part-time entrepreneur and planning on becoming a full-time entrepreneur

The start-up grant will only be granted by the TE Office once it has been established that entrepreneurship is a suitable option for the applicant to employ him/herself.

Requirements

Preconditions for receiving the grant include

• being a full-time entrepreneur
• having adequate capabilities for the intended business
• having potential for continued profitable operation
• the grant is necessary for the entrepreneur's survival
• the business is only started after the grant has been awarded.

Please note that start-up grants are generally not granted if the full-time entrepreneurship has started before the TE office has made a decision on granting a grant. For more information please visti TE Office. The link will open in a new tab.

Source: TE-palvelut