Nearly a quarter of private-sector, non-farm jobs in Vermont are in micro-enterprises, according to the Association for Enterprise Opportunity and reported by Leslie Wright in the Burlington Free Press today. The number of such businesses grew about 8% from 2001 to 2003.
A micro-enterprise employs fewer than five people and requires $35,000 or less in start-up capital.
I’ve had the pleasure of chatting with several small-scale local entrepreneurs whose business fits that definition. Many are excited about working with Front Porch Forum to connect with people in the neighborhoods that they serve. They often complain about being priced out of conventional means, such as the Yellow Pages. Plus, many of these folks are doing business with their neighbors, so they’re interested in supporting FPF as a community-building resource.