A Medium Enterprise is a business that typically has a workforce ranging from 50 to 250 employees. These companies often generate annual revenues between $10 million and $50 million. Medium Enterprises play a crucial role in the economy by providing jobs and contributing to local communities. These businesses can be found in various sectors, including manufacturing, retail, and services. They often have more resources than small businesses, allowing them to invest in technology and innovation, but they may not have the same market influence as larger corporations.