Enterprise Allowance Scheme

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

Example Sentences

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

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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.

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The DWP argues that it does offer support through their New Enterprise Allowance scheme, which gives mentoring to would-be disabled entrepreneurs, while allowing them to claim existing benefits such as Jobseeker's Allowance or Employment Support Allowance.

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But until the fateful day in 1991 when she bumped into Barrow at an Enterprise Allowance scheme induction day, her quest for potential collaborators had been a thankless one.

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Supersonic by Oasis Thatcher's efforts to reduce unemployment gave rise to the enterprise allowance scheme – a £40 a week handout that helped kickstart labels such as Alan McGee's Creation Records.

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