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NEW JERSEY’S
SELF-EMPLOYMENT ASSISTANCE (SEA) PROGRAM
What
is the New Jersey Self-employment Assistance and Entrepreneurial
Training (SEA) Program?
The SEA program assists qualified unemployed individuals who are
seriously interested in setting up a business in New Jersey and
becoming self-employed.
SEA
benefits include:
- weekly SEA
compensation in place of unemployment benefits
- a waiver
of the unemployment compensation (UI) active search for work requirement
while actively engaged in self-employment activities
- counseling
and technical assistance on developing a business plan
- financial
assistance for entrepreneurial training courses
Where
is the training given?
The same entrepreneurial training courses are available through
the following nine county community colleges:
Or,
you may receive training through proprietary schools.
SEA
Compensation and UI Benefits:
- The SEA
compensation replaces unemployment compensation at the same weekly
rate and maximum benefit amount to which you are entitled.
- The total
payment on a combination unemployment and SEA claim cannot exceed
the maximum benefit amount of the original unemployment claim.
- SEA participants
are not eligible for extended benefits or additional benefits
during training.
Who
qualifies?
To qualify for the SEA program, you must:
- be eligible
for unemployment benefits,
- be a dislocated
worker and unlikely to return to your previous employment,
- have been
profiled by the state as likely to exhaust unemployment benefits,
- have a viable
business idea,
- be willing
to work full-time in developing the business, and
- have or
be able to obtain the financial backing needed to start and sustain
the business until it becomes self-supporting.
Interested
in participating ?
If you are interested in learning more about this program, ask
a representative at the nearest One Stop Career Center in your
area: http://www.wnjpin.com/oscc/index.html
or go to New Jersey Department of Labor Employment
Service or, Unemployment
Insurance Service.
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