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The Business Ownership Initiative works to build understanding and strengthen the role of business ownership as an economic opportunity strategy. We work closely with micro- and small business practitioners and the institutions that invest in them around the US to build knowledge and strengthen practice by exploring innovation, conducting research, evaluating new ideas, and supporting leaders. The initiative houses EOP’s longstanding work to support the US microenterprise development industry. BOI also serves as a resource to donors and investors interested in microenterprise in the United States. BOI is an initiative of the Economic Opportunities Program.

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    You’ve heard about how important small businesses are to the economy and the nation. You’ve heard various figures being proposed to help
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    Blog Post

    03.25.2020

  • Employment and Jobs
    Statement on Racial and Economic Justice
    Racism was embedded in our system from the start, and systemic racism requires systemic solutions.
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    Blog Post

    06.04.2020

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    In an article for Money.com, Joyce Klein cautions that entrepreneurs must be wary when evaluating small business loans.
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    Protecting Businesses from Harmful Loans
    Borrowing is a routine part of a business’s life cycle, but harmful loans don’t have to be.
    BY Joyce Klein

    Blog Post

    18 hours ago

What's New

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    CDFIs, Equity, and COVID-19
    AUG
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    CDFIs, Equity, and COVID-19
    Tue Aug 4, 2020 2:00 pm - 3:00 pm EDT
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    What role can CDFIs play in supporting entrepreneurs and advancing equity during this uncertain time? Join us online August 4 at 2 p.m. ET.

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    BY Joyce Klein

    Blog Post

    18 hours ago

  • EOP Newsletter, July 2020
    Employment and Jobs
    EOP Newsletter, July 2020
    The COVID-19 crisis brings new urgency to our work to improve jobs, expand business ownership, and advance economic opportunity.
    BY Economic Opportunities Program

    Of Interest

    4 days ago

  • Why Can't Entrepreneurs of Color Access Stimulus Funds? Joyce Klein Talks PPP on Business Casual Podcast
    Employment and Jobs
    Why Can't Entrepreneurs of Color Access Stimulus Funds? Joyce Klein Talks PPP on Business Casual Podcast
    Joyce Klein, director of the Business Ownership Initiative, spoke with Kinsey Grant on Morning Brew’s Business Casual podcast to discuss why businesses owned by entrepreneurs of color have had difficulty accessing stimulus funds provided through the federal government’s Paycheck Protection Program (PPP).
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    Podcast

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    Racism was embedded in our system from the start, and systemic racism requires systemic solutions.
    BY Economic Opportunities Program

    Blog Post

    06.04.2020

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    Equity in a Post-COVID Economy
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    Can worker ownership address the inequities that divide our society and help us build a more resilient economy?

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    Race, Economy, and COVID-19
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    Wed Apr 29, 2020 2:00 pm - 3:00 pm EDT
    Virtual

    Join us and Eduardo Porter (Economics Reporter, The New York Times) to discuss his new book, "American Poison: How Racial Hostility Destroyed Our Promise."

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    You’ve heard about how important small businesses are to the economy and the nation. You’ve heard various figures being proposed to help
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    Blog Post

    03.25.2020

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    Employment and Jobs
    Be Wary of Small Business Loans
    In an article for Money.com, Joyce Klein cautions that entrepreneurs must be wary when evaluating small business loans.
    BY Business Ownership Initiative

    Of Interest

    01.16.2020

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    Blog Post

    03.20.2020

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    Support Truth in Lending in New York

    The Responsible Business Lending Coalition has endorsed the New York State Small Business Truth in Lending Act, which will empower entrepreneurs with greater transparency in the financial market.

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    Our Work

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      Advancing Knowledge & Innovation

      Focusing on business ownership as an economic opportunity strategy, our research explores how changing markets and demographics affect business ownership opportunities.

    • Supporting & Strengthening Leaders
      Supporting & Strengthening Leaders

      We convene and support leaders in the micro and small business development fields, helping them to build their knowledge and skills through group exchange and learning.

    • Informing Donors
      Informing Donors

      We engage with donors and investors to help them both understand current trends in the US microbusiness industry and build effective investment strategies.

      Staff

        • Joyce Klein
          Joyce Klein
          Director, Business Ownership Initiative
          Economic Opportunities Program ...
          Joyce Klein is the director of the Business Ownership Initiative, which advances business ownership as an economic opportunity strategy.
          View Profile
        • Amy Blair
          Amy Blair
          Research Director
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          Amy Blair is research director of the Aspen Institute Economic Opportunities Program. She has served as lead researcher/evaluator on a wide range of projects designed to promote learning about highly…
          View Profile
        • Maureen Conway
          Maureen Conway
          Vice President; Executive Director
          Economic Opportunities Program ...
          Maureen Conway serves as vice president at the Aspen Institute and executive director of the Institute’s Economic Opportunities Program (EOP). EOP works to expand individuals’ opportunities to connect to quality…
          View Profile
        • Tim Ogden
          Tim Ogden
          Senior Fellow
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          Tim Ogden is the managing director of the Financial Access Initiative, a research center based at NYU-Wagner that focuses on how financial services can better meet the needs and improve…
          View Profile
        • Alan Okagaki
          Alan Okagaki
          Senior Consultant
          FIELD, Economic Opportunities ...
          Mr. Okagaki has more than thirty years of professional experience in consulting, management and evaluation focused primarily in community development, economic revitalization, and organizational performance. He has led numerous strategic…
          View Profile
        • Sarah Alvarez
          Sarah Alvarez
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          Economic Opportunities Program ...
          Sarah Alvarez currently serves as Sr. Program Associate for the Business Ownership Initiative—an initiative of the Economic Opportunities Program—which advances business ownership as an economic opportunity strategy. In this capacity,…
          View Profile
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          Digital Communications Manager
          Economic Opportunities Program ...
          Tony oversees digital communications for the Economic Opportunities Program, including webpages, emails, social media, virtual events, and other digital content.
          View Profile
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          Ilgar Alisultanov
          Consultant
          FIELD, Economic Opportunities ...
          Mr. Alisultanov is a consultant with the Aspen Institute Economic Opportunities Program. He has worked both in the consulting and university environments and has many years of experience in data…
          View Profile
        • Elaine Edgcomb
          Elaine Edgcomb
          Strategic Advisor
          FIELD, Economic Opportunities ...
          Elaine Edgcomb has served as Strategic Advisor since stepping down from the leadership of FIELD in 2012. Ms. Edgcomb’s work with FIELD began in 1998, when, as a co-founder, she…
          View Profile

        Keep in Touch

        • Join the community
          Join the community

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        • Let's be friends
          Let's be friends

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          To contact us, please email eop.program@aspeninst.org.