### Question
How is the term microenterprise defined?


### Answer
The term **microenterprise** is defined in *42 U.S.C. § 5302* as the following:

> a commercial enterprise that has 5 or fewer employees, 1 or more of whom owns the enterprise

#### Citation:
  - *42 U.S.C. § 5302*
  - Heading: **CHAPTER 69-COMMUNITY DEVELOPMENT**

