OSEB OVERVIEW
Notice: Ontario Self Employment
Benefit (OSEB) Program
The Ontario Self-Employment Benefit Program is not
accpeting any further applications at this time. Please
check this site for updates regarding future service
delivery.
For
more information, click here.
OSEB Objective
Eligibility Requirements
Guidelines for Suitability
Benefits for Participants
Insured Participants
For More Information regarding
the OSEB Program
OSEB Objective
The Objective of the Self Employment Benefit (OSEB)
program is to provide eligible unemployed individuals
with income and entrepreneurial support while they
develop and implement their business plan.
The OSEB Program, which is funded by the Government
of Ontario and delivered by the Sarnia- Lambton Business
Development Corporation (SLBDC) is fifty-two weeks
duration in Lambton County.
Eligibility Requirements
Those accepted to the OSEB Program must be "Insured
Participants".
Participants must be legally entitled to work in
Canada.
Participants must contribute cash and/or assets
to their business.
Participants must start a new business or take over
an existing business in which they have had no prior
ownership.
Participants must have controlling interest in
the business throughout the contract period.
Participants must be able to demonstrate a sufficient
need for the entrepreneurial and financial support
provided by OSEB.
Guidelines
for Suitability
Clients chosen to participate in the OSEB Program
must:
Be eligible for OSEB.
Attend an orientation session at the SLBDC (Mondays
@ 2:00 p.m.) where they will complete an assessment
of their existing skills which can be applied to self-employment.
Fully understand the advantages and disadvantages
of self-employment, and how self-employment will impact
their lives and families.
Participate in all mandatory workshops.
Work full-time on implementing/operating their business.
Benefits for Participants
Networking
Personalized Consultation
Entrepreneurial Skills Development
Business/Community Resources
Income Support - Personal income support may be
available for eligible participants. These funds are
not for business use and are intended strictly as
a means of personal support.
Insured Participants
Are you considering starting your own business?
Are you currently an "Insured Participant"?
Eligible participants are those who, pursuant to
the Employment Insurance Act, are unemployed.
Individuals who at the time of applying for the
Self-Employment Program:
for whom an unemployment benefit period has been
established or has ended within the 36 months prior
to the date of requesting assistance; or for whom
a benefit period that included a maternity or parental
claim has been established within the 60 months
prior to the date of requesting assistance, after
which the individual remained out of the labour
market in order to care for a newborn or newly adopted
child and is now seeking to re-enter the labour
force.
Other criteria may apply.
Please note that, in all cases, OSEB approval is
largely contingent on the business plan concept
submitted by the individual. Assistance in writing
a business plan will be provided through OSEB.
Note: An individual applying to the OSEB
Program must not yet be operating their business.
This Employment Ontario program is funded in part
by the Government of Canada.
For More Information regarding
the OSEB Program, contact:
Jerry Beernink
Counsellor - OSEB Program
Sarnia-Lambton Business Development Corporation
109 Durand Street
Sarnia, ON N7T 5A1
Phone: (519) 383-1371 or 1-800-263-7047
EXT: 34
Fax: (519) 383-8115
E-mail: jerry@slbdc.com
Chris Groombridge
Counsellor - OSEB Program
Sarnia-Lambton Business Development Corporation
109 Durand Street
Sarnia, ON N7T 5A1
Phone: (519) 383-1371 or 1-800-263-7047
EXT: 33
Fax: (519) 383-8115
E-mail:chris@slbdc.com
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 OSEB
CLIENT SECTION
We
have put together a resource section full of
helpful tips and ideas for our OSEB clients.
If you have any ideas for additional sections
that may be helpful to you, please e-mail
sharon@slbdc.com
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