Starting entrepreneurial activities while unemployed

If you start up new entrepreneurial activities while unemployed, you have the right to obtain adjusted daily allowance for at least the first 4 months of entrepreneurship. The TE office will determine after the first four months of new entrepreneurial activities, whether the activities are full-time or part-time.

Income generated from your business activities is adjusted with your daily allowance according to provisions concerning the adjustment of allowances. If the activities are deemed part-time after the first four months , an adjusted allowance is paid. If however the entrepreneurial activities are deemed full-time, the fund can no longer pay daily allowance.

Send a monthly income statement

Income earned from business activities is primarily adjusted based on accounting records. Send attached to your allowance application a monthly income statement. A profit and loss account may also be formulated freely if you are not liable to keep accounting records. If your form of company is limited liability company, attach a pay slip to your application.

We recommend that you send the allowance application and required attachments via the Entrepreneur Fund’s eService.

Adjusted daily allowance

If you are unemployed and work part-time or have a side business, you can get an adjusted daily allowance. According to the mediation rule, half of your income is deducted from the unemployment benefit payable.

Calculate your adjusted allowance

Calculate your estimated adjusted allowance using our daily allowance calculator.