microimpresa

Microimpresa, or micro-enterprise, is a business entity defined by its very small size and limited resources. In the European Union framework, a micro-enterprise is defined as having fewer than 10 employees and an annual turnover or balance sheet not exceeding €2 million. This classification sits within the broader category of small and medium-sized enterprises (SMEs). The term microimpresa is commonly used in Italian policy discussions to describe such very small firms.

In practice, microimpresas are typically owner-managed, with informal or lightweight governance and a high degree of flexibility. They often operate in services, trades, crafts, or light manufacturing, serving local or niche markets and relying on close customer relationships and practical know-how.

Role and challenges: Microimpresas contribute to job creation and economic resilience, especially in local economies, but they face financing constraints, limited managerial resources, and administrative demands relative to larger firms. They may benefit from microfinance, targeted public support, tax relief for small businesses, and programs that promote digitalization and simplified procurement.

Policy context and examples: The concept is widely used in Italy and across Europe to tailor assistance to the smallest firms. Policy aims typically include improving access to credit, reducing regulatory burdens, encouraging formalization, and helping microenterprises adopt digital tools and exploit e-commerce.