ONTARIO SELF-EMPLOYMENT BENEFIT PROGRAM
The Ontario Self-Employment Benefit Program (OSEB) provides entrepreneurial skills development support to approved participants to help them develop and implement their business plan and become self-employed. The program allows participants to concentrate on building a sustainable business by providing them with financial assistance while they receive business advice and support.
Who Can Apply?
Ontario Self-Employment Benefit can assist individuals who:
Are Canadian Citizens or permanent residents legally entitled to work in Canada; and
Meet the definition of an insured individual
An insured individual means an insured person who at the time of requesting assistance is an unemployed person:
For whom an Employment Insurance (EI) benefit period has been established, or
Whose EI benefit period ended within the last 36 months, or
Who is re-entering the labour force after having left it to care for newborn or newly adopted children. The individuals must have a benefit period that began within the last 60 months during which he/she was paid maternity or parental benefits.
For the purpose of determining whether an individual qualifies as a participant, the date the completed application is received by Employment Ontario is the date when he or she is considered to have requested assistance.
Other criteria may apply.
For more information contact TRACKS Employment Services at (705) 444-1580 or stop by our office at 50 Hume Street in Collingwood.