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: 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.

FIELD Forum Issue 20 – Capital Structure: Getting it Right to Increase Sustainability
Publications

FIELD Forum Issue 20 – Capital Structure: Getting it Right to Increase Sustainability

This forum, the second in FIELD’s sustainability series, examines how Justine Petersen, an organization in St. Louis, Mo., is pursuing equity capital as part of a scale-up and sustainability strategy.

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.

Credit Scoring for Microenterprise Lenders
Publications

Credit Scoring for Microenterprise Lenders

This white paper examines ways credit scoring can help U.S. microlenders increase efficiency, improve risk management and achieve greater scale.

FIELD Forum Issue 18 – Understanding National Lending Trends and Local Markets: The Role of Market Research
Publications

FIELD Forum Issue 18 – Understanding National Lending Trends and Local Markets: The Role of Market Research

If for-profit lenders succeed in taking away the microenterprise field’s lowestrisk customers, this will raise costs and loss rates, making the path toward self-sufficiency in lending even more difficult.

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.

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.

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.

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.

Credit Evaluation Grids for Microenterprise Lenders
Publications

Credit Evaluation Grids for Microenterprise Lenders

This publication details the use of credit evaluation grids, a tool that can dramatically streamline and standardize the process of underwriting microenterprise loans.

FIELD Forum Issue 2 – Business Financing Products for the Poor 
Publications

FIELD Forum Issue 2 – Business Financing Products for the Poor 

Examines this critical issue and describes the five organizations participating in a multi-site, two-year demonstration project.

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

CDFI boards, leadership teams, investors, and regulators have long relied on a familiar set of financial metrics to assess organizational performance.

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).