What is a Microenterprise Development Organization?
Microenterprise Development Organizations provide assistance and training to individuals interested in starting or expanding a microenterprise. Organizations vary, but the majority offer business planning assistance, group trainings, and customized assistance to prepare clients for business ownership. Many of these organizations focus services on low income individuals, minorities and disadvantaged populations. There are over 500 organizations in the United States that provide services to prospective entrepreneurs and business owners. The Abilities Fund works closely with the Microenterprise Industry and may be able to help you find a nearby organization.