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OpenJurist

microenterprise

Defined in 4 places across 4 titles of the United States Code.

The term “microenterprise” means a commercial enterprise if—

(A) the enterprise has 5 or fewer employees, 1 or more of whom owns the enterprise; and

(B) each of the owners of the enterprise is economically disadvantaged.

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The term “microenterprise” means a commercial enterprise that has 5 or fewer employees, 1 or more of whom own the enterprise.

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The term “microenterprise” means a commercial enterprise that has 5 or fewer employees, 1 or more of whom owns the enterprise.

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The term “microenterprise” means a sole proprietorship, partnership, or corporation that—

(A) has fewer than 5 employees; and

(B) generally lacks access to conventional loans, equity, or other banking services.

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