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MicroMentor's Origin:
MicroMentor is the brainchild of a group of small business development experts housed at the Washington D.C.-based Aspen Institute. Those experts are part of an Aspen project called FIELD - the Microenterprise Fund for Innovation, Effectiveness, Learning and Dissemination.
 
Between 1998 and 2001, FIELD conducted a national research project to learn more about the best ways to help small business owners in disadvantaged communities grow and stabilize their enterprises. The project concluded that emerging business owners need in-depth, industry specific business assistance. Moreover, the research confirmed the value of one-on-one technical assistance and underscored that national coordination of industry expertise was needed to create options for more efficient and lower-cost service delivery. Thus, the MicroMentor concept began to take shape.
 
To take MicroMentor from concept to reality, funding was obtained in fall 2001 from the Technology Opportunities Program at the U.S. Department of Commerce and the Charles Stewart Mott Foundation. (In 2002, the Friedman Family Foundation also became a MicroMentor supporter.)
 
At the same time, a partnership involving four California-based nonprofits was created to oversee implementation of a pilot phase and a National Advisory Board was established to guide overall development of the project.
 
   

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