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.

Providing Capital, Building Communities, Creating Impact: FY2004
Publications

Providing Capital, Building Communities, Creating Impact: FY2004

This publication, a product of the CDFI Data Project, documents the work of 517 community development finance institutions (CDFIs) investing $3.5 billion in Fiscal Year 2004, an investment linked to 28,000 jobs and 43,000 units of affordable housing.

Monitoring Client Outcomes: A Report from MicroTest’s 2004 Data Collection
Publications

Monitoring Client Outcomes: A Report from MicroTest’s 2004 Data Collection

Microenterprise development is a process of supporting emerging entrepreneurs to develop and grow small businesses.

Fulfilling the Promise: A Guide for Board and Staff
Publications

Fulfilling the Promise: A Guide for Board and Staff

To forge a vibrant future, the U.S. microenterprise field must move in new directions.

Opening Opportunities, Building Ownership: Fulfilling the Promise of Microenterprise in the US
Publications

Opening Opportunities, Building Ownership: Fulfilling the Promise of Microenterprise in the US

This publication takes a comprehensive look at the now 20-year-old microenterprise field — its accomplishments, weaknesses and future potential.

Providing Capital, Building Communities, Creating Impact: FY2002 
Publications

Providing Capital, Building Communities, Creating Impact: FY2002 

This report, a product of the CDFI Data Project (CDP), presents fiscal year 2002 data collected from 442 CDFIs.

Research Report No. 3 – Microenterprise as a Welfare to Work Strategy: Two-Year Findings
Publications

Research Report No. 3 – Microenterprise as a Welfare to Work Strategy: Two-Year Findings

This third and final report on FIELD’s Welfare to Work Learning Assessment describes outcomes experienced two years after TANF clients enrolled in microenterprise programs.

Community Development Financial Institutions
Publications

Community Development Financial Institutions

This report is a product of the CDFI Data Project (CDP)—a collaborative initiative that produces high-quality, comprehensive data about CDFIs on an annual basis.

A Measure of the Microenterprise Industry: A Report from MicroTest
Publications

A Measure of the Microenterprise Industry: A Report from MicroTest

This report from MicroTest draws on three years of performance data to offer a succinct description of trends in the microenterprise industry.

Microenterprise Support within Community Development Financial Institutions
Publications

Microenterprise Support within Community Development Financial Institutions

This free report describes the scale and significance of microenterprise lending within the CDFI industry.

Research Report No. 2 – Microenterprise as a Welfare to Work Strategy: One-Year Findings
Publications

Research Report No. 2 – Microenterprise as a Welfare to Work Strategy: One-Year Findings

This paper presents the findings at the mid-point of FIELD’s Welfare to Work Learning Assessment one year after TANF clients enrolled in microenterprise programs.

2002 FIELD MIS Software Review
Publications

2002 FIELD MIS Software Review

Detailed reviews and comparisons of 11 major commercial software products designed for use in the microenterprise field.

MIS for Microenterprise: A Practical Approach to Managing Information Successfully
Publications

MIS for Microenterprise: A Practical Approach to Managing Information Successfully

This 190-page manual is a step-by-step guide to help microenterprise development practitioners develop an effective management information system.

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).