Self Employment Program
self-em*ploy*ment// [self-em-ploi-muhnt] noun: "the act of generating one's income directly from customers, clients or other organizations as opposed to being an employee of a business."
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The Self-Employment Program has helped small and home-based businesses by enriching the owner's lives and playing a vital part in our rural economy.
Through this program you will receive instruction and support while developing your business plan. You will also receive ongoing training, mentoring and business coaching while you start and run your business. And if you are eligible you may also receive financial support for the duration of the program. Businesses started through the Self-Employment program have a higher success rate than the national average.
Through this 48-week program you will receive instruction and support while developing your business plan. You will receive ongoing training, support, and business coaching while you start and run your business. And if eligible, you may also receive financial support for the duration of the program. There is also potential financial assistance care and travel while you participate in the ten week Business Plan Development Program.
Our experience with thousands of entrepreneurs has taught us, "success is made, not born". If you have the raw materials - a good product or idea, determination, and passion - we provide the practical training, one-on-one coaching, support, and guidance to help you start and run a successful business.
The 48 week Self-Employment program is broken into two components. During the first ten weeks of the program you attend approximately one or two virtual workshops per week. We are also there to guide you to success through one-to-one counselling and support while you research and develop a thorough business plan. We cover business topics such as:
After what will seem like a very short ten weeks, you will launch your business. During the next 38 weeks we are still here helping you with one-on-one coaching and support, relevant training workshops, and yes, some hand holding! Income benefits (for up to 48 weeks) to assist new entrepreneurs with their personal living expenses while they-re establishing their businesses may be available for clients eligible through the following channels:
a. On an Active Employment Insurance (E.I.) Claim (active E.I. claimant); or
b. Has received E.I. Benefits in the past (reach-back E.I. client or former E.I. claimant); or
c. Has earned more than $2,000 in insurable earnings and paid E.I. employee premiums on those earnings in at least five (consecutive or non-consecutive) of the previous ten calendar years. For others who are applying for the program, please discuss financial supports with your Employment Counselor at your local WorkBC Employment Services Centre. Income earned by the business can then be reinvested back into the business allowing it to become self sufficient once the funding ends.
NOTE: more detailed information about the program's financial support will be covered during orientation. Questions? Give us a call at (250) 453-9165 or email vision@cfsun.ca
The Self-Employment Program is open to individuals who meet at least one of the following criteria:
As well as:
The acceptable types of business structures for SE are:
1. Contact Community Futures to determine eligibility for the Self Employment Program.
2. Attend the Self-Employment Program Orientation.
During the orientation, you will:
3. Submit your Business Concept Application
From the Self-Employment Program orientation, you will have approximately two weeks to complete your Business Concept Application.
4. Self-Employment Committee reviews your Business Concept Application
The Self-Employment Committee - made up of local volunteers - will review your application and determine if you will continue into the ten week Business Plan Development phase of the Self-Employment Program.
5. Contract signing
If your Business Concept Application is approved, you will sign formal contracts and the ten week Business Plan Development phase starts approximately two weeks later. If eligible to receive living supports, you will be paid during the ten week Business Plan Development phase while you research and write your business plan.
Community Futures Sun Country recognizes and acknowledges with gratitude we are collectively gathered on the ancestral, traditional, and unceded territories of the Nlaka'pamux, Secwepemc, St’átl’imx, and Stó:lō Nations where we live, learn, collaborate and work together