English

Noun

microenterprise ‎(countable and uncountable, plural microenterprises)

1. (business) A very small business with five or fewer employees, or the business sector comprising these businesses.
   • 2007 March 16, Elisabeth Malkin, “Antonio Ortiz Mena, 99, Mexican Finance Minister in 1960s, Dies”, in New York Times:

     While the Inter-American bank concentrated most of its efforts during that time on lending to build Latin American infrastructure projects and heavy industries, Mr. Ortiz Mena also set up the bank’s first financing operations for microenterprise.

Related terms

• microentrepreneur
• microentrepreneurship