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The microenterprise strategy marries elements of economic development and social welfare strategies and agendas. This article uses case studies of three inner-city microenterprise programs to demonstrate that the results of this blending are over-whelmingly positive. At the same time, working in...
Persistent link: https://www.econbiz.de/10010769734
U.S. microenterprise programs provide business training, small amounts of credit ($35,000 or less), or both to businesses with five or fewer employees. As the microenterprise field nears the end of its second decade in the United States, experts and practitioners agree that the field is in a...
Persistent link: https://www.econbiz.de/10010769741
Small business lending programs designed to move disadvantaged low-income people into business ownership have been difficult to implement successfully in the U.S. context. Based in part on the premise that financing requirements are an entry barrier limiting the ability of aspiring entrepreneurs...
Persistent link: https://www.econbiz.de/10009294342
Small businesses play a critical role in economic development. Over the past 20 years, policies and programs have sought to increase the potential success of these businesses. Yet little is known about the extent to which these policies and programs respond to the specific needs of business...
Persistent link: https://www.econbiz.de/10009004440