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MICROenterprise Matters
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Microenterprise
In the United States, a microenterprise is defined as a business with five or fewer employees, small enough to require initial capital of $35,000 or less. AEO estimates there are more than 24 million microenterprises in the U.S., representing 18% of all private U.S. employment and 87% of all businesses.
Microenterprise Development is a pathway to business ownership for underserved entrepreneurs that generates income, builds assets and supports local economies in creating employment. Most microenterprise development programs provide core services including business training and technical assistance, and access to capital. Other services may include access to markets and technology training.
AEO Members
The majority of our member microenterprise development organizations offer business development services such as business training, technical assistance, and access to capital and markets. They serve aspiring and established entrepreneurs interested in starting or expanding a business but who need access to capital or training to acquire the skills they need to run a successful business.
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