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Microenterprise development has the potential to make a substantial positive impact on the economy and produce a high return on investment.
Microenterprise development programs emerged across the country in the mid 1980s in response to the desires of low-income people, women, minorities, and persons with disabilities who wanted to achieve the American dream of self-employment. Microenterprise development programs have helped people transform their lives and improved the economic well being of their communities. Microenterprise can help to revitalize downtown areas, enhance regional economies in rural areas, and have other positive impacts.
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