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Legislature Should Consider Lessons Learned If It Wishes to Create a New Microenterprise Development Program, Report No. 06-77, December 2006
Full report in PDF format

Microenterprise development programs typically provide loans, technical assistance, and business skills training to very small businesses. Florida has previously operated two microenterprise development programs, one administered by Enterprise Florida, Inc., and the second administered by the Department of Community Affairs’ Office of Urban Opportunity. However, neither of these programs is currently in operation.

If the Legislature wishes to establish a new state-supported microenterprise development program, it should consider lessons learned from Florida’s and other states’ prior experiences. It would be important to

  • establish clear program goals and ensure that the program’s design matches its mission;
  • clearly specify how state funds, interest earnings, and loan repayments could be used by microloan providers; and
  • establish performance measures and objectives, and performance reporting requirements.

Which Government Program Summaries contain related information?

Department of Economic Opportunity

What other OPPAGA-related materials are available?

  • Report No. 07-05 Legislature Should Consider Options for the Role of the Florida Black Business Investment Board, published in January 2007.
  • Report No. 05-54 The Legislature Has Several Options Available for Enhancing Rural Enterprise Zones, published in November 2005.
  • Report No. 05-37 OPPAGA Report: Research Tool Available for Identifying and Examining Distressed Areas Within Florida, published in June 2005.
  • Report No. 05-32   Locals Find State Urban Revitalization Programs Useful; More Centralized Program Information Would Be Helpful, published in May 2005.
  • Report No. 04-24 Information Brief: Florida’s Enterprise Zone Program Is Similar to Those of Other States, published in March 2004.
  • Report No. 04-14 Status Report: Urban Infill and Redevelopment Areas Have Uncertain Impact But Perceived as Useful, published in February 2004.

Copies of this report in print or alternate accessible format may be obtained by telephone (850/488-0021), by FAX (850/487-9213), in person, or by mail (OPPAGA Report Production, Claude Pepper Building, Room 312, 111 W. Madison St., Tallahassee, FL 32399-1475).
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