What is MicroNet?

Established in 1994, MicroNet is an association of organizations in Maine that are interested in microenterprise development. Its purpose is to expand and enhance microenterprise opportunity in Maine through advocacy, policy and resource development, and technical assistance. MicroNet's activities are focused on information sharing and technology transfer among programs, developing resources to support microenterprise development, documenting the role of microenterprise development, and advocating for policies that support microenterprise development in Maine.

What is a microenterprise?

Microenterprises are the smallest of businesses, generally defined as those that range from self-employed to those that employ five or fewer people. They usually require small amounts of capital, from as little as $500 up to $25,000.

What is microenterprise development?

Microenterprise development creates opportunities by providing access to credit and management assistance and training for individuals who have traditionally been left out of the economic mainstream.

MicroNet:

• Provides a forum for the exchange of information, development of peer relationships and involvement in microenterprise development in Maine and nationally;
• Publishes the MicroNet Guide to Maine's Micro Resources;
• Initiated the development of the Maine Microenterprise Initiative Fund to support training and technical assistance for microentrepreneurs;
• Developed a partnership with the Federal Reserve Bank of Boston to design and deliver practitioner training in Maine and other New England states.

Membership

Membership in MicroNet is open to individuals and organizations interested in microenterprise development.

For more information, contact