Brief Small Business and Microenterprise as an Opportunity- and Asset-Building Strategy
Signe-Mary McKernan, Henry Chen
Display Date
Download Report
(436.99 KB)

Small business and microenterprise are important because of their role in the economy, their role in the American dream, and their economic development and self-sufficiency objectives. They are attractive because they create more economic development and self-sufficiency than income redistribution or meeting a minimum consumption level do. However, small business and microenterprise subsidies are often criticized because they are directed toward a narrow, entrepreneurial segment of the population that is not necessarily disadvantaged. This brief examines small business and microenterprise programs and subsidies, and offers recommendations to improve the evaluation and administration of these programs.
Research Areas Economic mobility and inequality Wealth and financial well-being Families Social safety net
Tags Poverty Asset and debts Economic well-being Income and wealth distribution Opportunity and ownership Small businesses Financial stability
Policy Centers Center on Labor, Human Services, and Population