Etableringsersättning

Etableringsersättning is a Swedish term that translates to establishment compensation or settlement allowance. It refers to financial support provided by the Swedish Public Employment Service (Arbetsförmedlingen) to individuals who are starting their own businesses. The purpose of this compensation is to help new entrepreneurs cover some of their initial expenses and provide a financial cushion during the early stages of their business development.

This type of support is specifically aimed at unemployed individuals who wish to become self-employed. It is not a loan, but rather a form of grant that does not need to be repaid. To be eligible, applicants typically need to have a business plan that is approved by Arbetsförmedlingen, demonstrating the viability and potential of their proposed enterprise. There are also requirements regarding the applicant's status as unemployed and their eligibility for unemployment benefits.

The amount of etableringsersättning can vary depending on several factors, including the applicant's previous income and the specific support period granted. The compensation is usually paid out over a limited period, often for a maximum of six months, and is intended to supplement the entrepreneur's income rather than replace it entirely. The goal is to facilitate the transition from unemployment to self-employment, thereby contributing to economic activity and job creation.