NATIONAL LABOUR MARKET POLICIES

Basic Information Reports

3.1.4.Dk-i.4 Enterprise allowance
(Etableringsydelse)

3.1.4.1. Aim

The aim of the enterprise allowance scheme is to make it possible for unemployed persons to set up their own enterprise with an enterprise allowance

3.1.4.2. Legal basis

The (Consolidation) Act on an active labour market policy, no. 1199 of 27 December 1993

3.1.4.3. Contents

It is a condition for receiving an enterprise allowance that a business plan is first drawn up and approved

3.1.4.4. Financial resources

The enterprise allowance corresponds to 50% of the maximum rate of unemployment benefit

3.1.4.5. Institutional support

The public employment service

3.1.4.6. Duration

The enterprise allowance is payable for up to 2½ years

EU – European Commission DG EMPL/A/2 J II 27, Rue de la Loi 200, B-1049 Brussels – Belgium GHK Consulting Ltd 30 St. Paul's Square, Birmingham. B3 1QZ E-mail: eeo@ghkint.com