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.

For Good Measure: Performance of the U.S. Microenterprise Industry
Publications

For Good Measure: Performance of the U.S. Microenterprise Industry

This report provides: an in-depth look at the performance of the microenterprise development field; insight into what “best” performance looks like; a sense of trends in the field drawing on multi-year MicroTest program data; and data programs can use to compare their microenterprise program’s performance to their peers.

Research Brief No. 2 – Improving the Climate for Self-Employment: Recommendations for TANF Reauthorization
Publications

Research Brief No. 2 – Improving the Climate for Self-Employment: Recommendations for TANF Reauthorization

This research brief presents the findings from one-year outcomes experienced by TANF recipients who pursued self-employment and highlights the policy context and issues they confronted when preparing for and engaging in self-employment.

Improving Microenterprise Training and Technical Assistance: Findings for Program Managers 
Publications

Improving Microenterprise Training and Technical Assistance: Findings for Program Managers 

Describes the makings of effective training and technical assistance by examining the findings from research projects undertaken by five FIELD grantees.

Research Report No. 1 – Microenterprise as a Welfare to Work Strategy: Client Characteristics
Publications

Research Report No. 1 – Microenterprise as a Welfare to Work Strategy: Client Characteristics

This report on FIELD’s Welfare to Work Learning Assessment summarizes findings from the first wave of TANF clients enrolled in microenterprise programs.

Research Brief No. 1 – Microenterprise as a Welfare to Work Strategy: Client Characteristics
Publications

Research Brief No. 1 – Microenterprise as a Welfare to Work Strategy: Client Characteristics

This research brief on FIELD’s Welfare to Work Learning Assessment summarizes findings from the first wave of TANF clients enrolled in microenterprise programs.

FIELD Forum Issue 7 – Recruiting, Assessing, and Screening TANF Recipients
Publications

FIELD Forum Issue 7 – Recruiting, Assessing, and Screening TANF Recipients

This issue explores the challenges of recruiting TANF recipients to microenterprise programs and describes the assessment and screening components used to help clients determine whether self-employment is a sound option given the current time-limited welfare system.

Fostering Entrepreneurship Through Training and Technical Assistance
Publications

Fostering Entrepreneurship Through Training and Technical Assistance

This publication describes: the varied content provided in training and technical assistance programs; some of the rich innovation occurring today; emerging responses to ongoing business needs; and the challenge of assessing the impact of training — particularly as it relates to costs and business outcomes.

Business Capital for Microentrepreneurs: Providing Microloans
Publications

Business Capital for Microentrepreneurs: Providing Microloans

This publication summarizes for those new to the field some of the key issues surrounding microcredit, including the principal methodologies and current product innovations.

Microenterprise Development Works!: Outcomes for Clients
Publications

Microenterprise Development Works!: Outcomes for Clients

This publication summarizes the data on tangible outcomes for clients associated with microenterprise programs.

Microenterprise Development in the United States: An Overview
Publications

Microenterprise Development in the United States: An Overview

This publication concisely describes the evolution of microenterprise development, its track record, costs and future challenges.

Sources of Public Funding
Publications

Sources of Public Funding

This publication offers a concise overview of various public funding sources for microenterprise programs – describing state, local and federal programs.

Program Design for Microenterprise Development
Publications

Program Design for Microenterprise Development

This fact sheet introduces some of the key issues those designing a microenterprise program should consider – from the appropriate organizational settings to matching target groups with appropriate strategies.

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.

Join Our Mailing List

To receive occasional emails about our work — including new publications, commentary, events, fellowships, and more — join our mailing list.

Connect on Social Media

For news and updates every day, connect with us on the social media platform of your choice.

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).