Enterprise Allowance Scheme

British

noun

(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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Enterprise Allowance Scheme

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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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023