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What is a microenterprise?

Last Updated: January 19, 2007

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The Association for Enterprise Opportunity (AEO) and its members have defined microenterprise as a business with five or fewer employees requiring $35,000 or less (known as micro-loans) in start-up capital. AEO estimates that there are over 20 million U.S microenterprises, which represent 17% of all private employment in the U.S.

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