May 28, 2009 7:38 pm US/Pacific
Bay Area 'Microbusinesses' Get Financial Help
(CBS 5)
For many Americans, owning their own business is the definition of the American Dream. While the recession has made that much tougher, some Bay Area entrepreneurs are getting some much-needed help.
So-called microbusinesses have fewer than five employees and startup costs under $35,000. These entrepreneurs have difficulty getting loans from larger banks, but organizations such as Opportunity Fund are offering financing to these startups.
Our video report has more.
(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)
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