We pay an earnings-related daily allowance to members of the Entrepreneur Fund who are unemployed.
According to the Unemployment Security Act, an entrepreneur is unemployed if he or she closes down their business or when he or she is no longer employed in the business as outlined by the Unemployment Security Act.
In unemployment security, the concept of closing down a business depends on the type of company and your overall situation. A member of the fund may become entitled to earnings-related unemployment allowance after 15 months of membership and entrepreneurship.