Cloud Computing offers an opportunity to support the growth and development of small and microenterprises by enabling low cost Information Technology solutions delivered over the Internet to be made available to them so that they may adopt with little effort or skill. Since the ability of small and microenterprises to adopt technology depends upon the unique conditions in which they find themselves, we hope to facilitate this by investigating and assessing the ways in which Cloud Computing functionality and processes may support the growth of small and microenterprises. In this study, we do this through the creation of an online knowledge repository of Cloud Computing applications and services with direct correlations to addressing specific business needs of small and microenterprises. This serves as a very valuable source of information for local community small and microenterprises looking to adopt low cost Information Technology solutions to address common business needs.