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MicroMentor

Aspen Institute

www.aspeninstitute.org

  • Program Education
  • Program Area Special Initiatives
  • Grant Amount $249,888
  • Grant Period January 1, 2002–December 31, 2004
  • Location Washington, DC, United States
  • Geographic Focus California

About this grant

Each year in the United States, approximately 154,000 low-income micro-entrepreneurs receive business development assistance from an estimated 500 micro-enterprise development organizations. Experience shows that providing basic business skills is highly effective for the start-up entrepreneur, but micro-entrepreneurs need both advanced business development advice and specialized industry consulting to grow their businesses. Thus, the issue of business growth is a pressing challenge for the micro-enterprise development field.Multiyear funding will support the development of a program that will provide advanced technical assistance service to local micro-enterprise programs. Objectives include encouraging and enabling low-income micro-entrepreneurs to get on line and use the Internet to help grow their businesses; creating strong mentoring relationships between emerging low-income micro-entrepreneurs and experienced entrepreneurs; establishing an online community to decrease information access barriers; and developing a business plan for a sustainable MicroMentor beyond the development phase.The Economic Opportunity Program at the Aspen Institute has a wealth of experience in providing technical assistance to micro-enterprise practitioners.