I was on BTWEA for 1 year. 3 weeks ago, I entered my 2nd year of it and so my payments dropped. I panicked as I couldn't afford to pay rent bills etc on reduced amount and I had run out of funding for business - even though it was going well - it couldn't continue without cash flow for stock. I came off the BTW and went back onto JSA.
I am now back looking for full time work with a view to keeping my business going in the background (while I'm working) if possible. However I have been approached by someone who has said they love my business and are happy to invest.
My question is: Can I go back onto the BTWEA at this point? The only info I can find is this from the welfare site:
If you have previously participated in the BTWEA scheme and exhausted your entitlement, you can participate a second time after a period of at least 5 years has elapsed.
Now I haven't exhausted my entitlement - I'd be going back on it on the reduced rate in year 2. Has anyone ever heard of this happening?
Thank you!
I am now back looking for full time work with a view to keeping my business going in the background (while I'm working) if possible. However I have been approached by someone who has said they love my business and are happy to invest.
My question is: Can I go back onto the BTWEA at this point? The only info I can find is this from the welfare site:
If you have previously participated in the BTWEA scheme and exhausted your entitlement, you can participate a second time after a period of at least 5 years has elapsed.
Now I haven't exhausted my entitlement - I'd be going back on it on the reduced rate in year 2. Has anyone ever heard of this happening?
Thank you!