Microenterprise Industry in the US

The Business Ownership Initiative (BOI), an initiative of the Economic Opportunities Program, works to build understanding and strengthen the role of business ownership as an economic opportunity strategy.

We work closely with micro- and small business practitioners and the institutions that invest in them around the US to build knowledge and strengthen practice by exploring innovation, conducting research, evaluating new ideas, and supporting leaders. The initiative houses EOP’s longstanding work to support the US microenterprise development industry. BOI also serves as a resource to donors and investors interested in microenterprise in the United States.

US Microenterprise Census Highlights, Fiscal Year 2008
Publications

US Microenterprise Census Highlights, Fiscal Year 2008

A seven-page brief provides updated quantitative information on the scope, scale and evolution of the industry.

Providing Capital, Building Communities, Creating Impact
Publications

Providing Capital, Building Communities, Creating Impact

The year 2008 was a period of continued economic decline.

At the Five Year Mark: Outcomes Reported by US Microenterprise Clients
Publications

At the Five Year Mark: Outcomes Reported by US Microenterprise Clients

The twin financial and economic crises have challenged microentrepreneurs and the programs that serve them.

Microenterprises and Employment: 2008 MicroTest Outcomes 
Publications

Microenterprises and Employment: 2008 MicroTest Outcomes 

Issue five in the MicroTest Outcomes fact sheet series delves into employment generated by microenterprises and is based on client outcomes surveys conducted by MicroTest members in 2008.

Business Growth: 2008 Micro Test Outcomes
Publications

Business Growth: 2008 Micro Test Outcomes

Issue four in the MicroTest Outcomes fact sheet series delves into the growth of business revenues based on client outcomes surveys conducted by MicroTest members in 2008.

Business Start and Survivability: 2008 MicroTest Outcomes
Publications

Business Start and Survivability: 2008 MicroTest Outcomes

Issue three in the MicroTest Outcomes fact sheet series delves into business start and survival rates based on client outcomes surveys conducted by MicroTest members in 2008.

Providing Capital, Building Communities, Creating Impact: FY2007
Publications

Providing Capital, Building Communities, Creating Impact: FY2007

This publication, a product of the CDFI Data Project, documents the work of 508 community development finance institutions (CDFIs) investing $5.3 billion in new financing activity in Fiscal Year 2007, an investment linked to 34,276 jobs and 57,274 units of affordable housing.

Microentrepreneurs and their Businesses: 2008 MicroTest Outcomes
Publications

Microentrepreneurs and their Businesses: 2008 MicroTest Outcomes

The second in a series of fact sheets drawn from client outcomes surveys, this 4-page report highlights key findings from client outcomes surveys conducted by MicroTest members in 2008.

Moving the Microenterprise Field Forward: Priorities, Strategies and Roles
Publications

Moving the Microenterprise Field Forward: Priorities, Strategies and Roles

The microenterprise field must rally around a set of strategies that can make a difference for the millions of microentrepreneurs.

2007 MicroTest Outcomes: A Summary of Microentrepreneurs and their Businesses
Publications

2007 MicroTest Outcomes: A Summary of Microentrepreneurs and their Businesses

The first in a series of fact sheets drawn from client outcomes surveys, this concise report highlights findings from client outcomes surveys conducted by MicroTest members in 2007.

Providing Capital, Building Communities, Creating Impact: FY2006
Publications

Providing Capital, Building Communities, Creating Impact: FY2006

This publication, a product of the CDFI Data Project, documents the work of 505 community development finance institutions (CDFIs) investing $4.7 billion in new financing activity in Fiscal Year 2006, an investment linked to 35,609 jobs and 69,893 units of affordable housing.

Providing Capital, Building Communities, Creating Impact: FY2005
Publications

Providing Capital, Building Communities, Creating Impact: FY2005

This publication, a product of the CDFI Data Project, documents the work of 496 community development finance institutions (CDFIs) investing $4.3 billion in Fiscal Year 2005, an investment linked to 39,151 jobs and 55,242 units of affordable housing.

About the Business Ownership Initiative

The Business Ownership Initiative, an initiative of the Economic Opportunities Program, works to build understanding and strengthen the role of business ownership as an economic opportunity strategy.

About the Economic Opportunities Program

The Aspen Institute Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy.

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More from the Business Ownership Initiative

Metrics that Matter: Improving Financial Analysis of CDFI Small Business Lenders
Podcasts Videos

Metrics that Matter: Improving Financial Analysis of CDFI Small Business Lenders

This is the final event in our Job Quality in Practice series. In this conversation, hosted by the Aspen Institute Economic Opportunities Program on May 7, 2026, we hear from the Institute’s Job Quality Fellows who are embedding job quality into their work across a range of contexts and strategies — from employee ownership models that give workers a direct financial stake in their company’s success, to apprenticeship programs that create structured pathways to higher-wage careers, to worker advisory committees that bring employee voice into business decision-making.

From Crisis to Continuity: Optimizing CDFI Capital and Partnerships for Natural Disaster Response
Publications

From Crisis to Continuity: Optimizing CDFI Capital and Partnerships for Natural Disaster Response

Traditional emergency aid through SBA or FEMA takes time, and lower-income communities often face significant approval hurdles. Speed is essential to business survival.

The New Era of Small Business Finance: Access, AI, and Accountability (Highlight reel)
Videos

The New Era of Small Business Finance: Access, AI, and Accountability (Highlight reel)

VIDEO — Highlight reel from “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

The Changing Role of Small Business Ownership
Videos

The Changing Role of Small Business Ownership

VIDEO — This discussion is the first of three that took place as part of “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

Main Street Challenges and Policy Solutions
Videos

Main Street Challenges and Policy Solutions

VIDEO — This discussion is the third of three that took place as part of “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

Innovations Driving Small Business Lending Forward: It’s Not All About AI
Videos

Innovations Driving Small Business Lending Forward: It’s Not All About AI

VIDEO — This discussion is the second of three that took place as part of “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

To Help Small Businesses Recover From the L.A. Fires, Invest in Community Lenders
Blog Posts

To Help Small Businesses Recover From the L.A. Fires, Invest in Community Lenders

Nonprofit lenders often deploy funds faster than the government but need more capital to meet demand.

Integrating a Job Quality Practice in Community Development Financial Institutions (CDFIs): A Q&A
Publications

Integrating a Job Quality Practice in Community Development Financial Institutions (CDFIs): A Q&A

This Q&A provides insights and lessons from the work of 11 CDFIs that participated in Shared Success, a job quality demonstration led by the Aspen Institute Economic Opportunities Program (EOP).