MSMEs
Micro, Small, and Medium Enterprises, commonly known as MSMEs, are businesses categorized based on their size, revenue, and number of employees. They play a crucial role in the economy by creating jobs, fostering innovation, and contributing to local and national growth. MSMEs can be found in various sectors, including manufacturing, services, and agriculture.
Governments often support MSMEs through policies and programs aimed at enhancing their competitiveness and sustainability. This support may include access to financing, training, and market opportunities. By empowering MSMEs, countries can stimulate economic development and improve the livelihoods of their communities.