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Of the estimated 20 million microenterprises in the U.S., FIELD estimates that about half face difficulties accessing capital and business assistance through traditional sources. Research further indicates that the microenterprise development industry is serving roughly 175,000 to 250,000 individuals, or approximately two percent of the microentrepreneurs in its target market. Meeting the needs of this market will require the field to move from a structure of small, individual programs to one that enables growth in client numbers, greater efficiency in service delivery, as well as demonstrated effectiveness in business development. Recognizing this imperative, some organizations already have taken up the challenge by re-tooling internal operations; outsourcing functions; co-branding and distributing products offered by other national, regional or local players; and engaging in mergers, acquisitions or strategic alliances. Since inception, FIELD has encouraged, supported and tracked such efforts. Our work includes:
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The Aspen Institute • One Dupont Circle, NW • Suite 700 • Washington, DC 20036 • Phone: 202.736.1071 • Fax: 202.467.0790 • e-mail: fieldus@aspeninst.org • web: www.fieldus.org |