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Enterprise Allowance Scheme

British  

noun

  1. (in Britain) a scheme to provide a weekly allowance to an unemployed person who wishes to set up a business and is willing to invest a specified amount in it during its first year

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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I applied to Thatcher’s Enterprise Allowance Scheme, and was given £40 a week.

From The Guardian Jun. 13, 2020

The group signed up to Margaret Thatcher's Enterprise Allowance Scheme, each taking home £40 a week to help fund their circus business, along with help from family and friends.

From BBC Dec. 31, 2015

Mark Wray, 47, started his business Willy Wiper as part of the Prince's Trust Enterprise Allowance Scheme in the mid 1980s.

From BBC May 19, 2011

They started out with almost nothing in the 80s, taking advantage of the Enterprise Allowance Scheme to get people off the dole by giving them £40 to start a business – any business.

From The Guardian Jul. 8, 2010

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