Definition of “microenterprise” - English Dictionary


“microenterprise” in Business English

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microenterprisenoun [ C or U ]

also micro-enterprise uk /ˈmaɪkrəʊˌentəpraɪz/ us ECONOMICS, FINANCE

a company or the group of companies that typically have fewer than five employees:

A micro-enterprise employs five or fewer people and requires $35,000 or less in startup capital.
microenterprise credit/finance/loan He said he finally received some funding through a microenterprise loan.

(Definition of “microenterprise” from the Cambridge Business English Dictionary © Cambridge University Press)