by Elroi » Wed Feb 12, 2014 12:15 pm
you would have 'homework' and requirements, and would not officially be on UI any longer, it would be a special fund, and you would therefore not be eligible for anything like extensions of unemployment were they to be offered as a result of the bad economy. So depending on what state you are in, you would need to find out more about how each state runs SEAP. They would 'grade' you at the introductory seminar as to how likely you were to find employment within the next 12 weeks and possibly suggest you would be eligible. You can also opt out at any time and get back on UI. I know New York is one of the states: Q: What is the Self Employment Assistance Program(SEAP)? A: State and Federal legislation has established the Self Employment Assistance Program(SEAP) which provides certain eligible individuals the opportunity to start their own businesses while collecting unemployment insurance benefits. In order to be considered eligible for this program, you must first be identified by the State's profiling system as likely to exhaust benefits. If you are interested in participating in this program or wish to obtain additional information, contact your local Division of Employment Services office nearest you. You must comply with program requirements and receive written acceptance into the SEAP program before you can start or operate your own business while collecting benefits.