Editing Small and medium enterprises (section)

==== Indonesia ====
In [[Indonesia]], the government defines micro, small, and medium enterprises ([[Indonesian language|Indonesian]]: ''usaha mikro kecil menengah'', UMKM) based on their assets and revenues according to Law No. 20/2008:<ref>{{cite web|title=Indonesian Government Law No. 20 of 2008|url=http://eng.kppu.go.id/newkppu/wp-content/uploads/2016/11/LAW-OF-THE-REPUBLIC-OF-INDONESIA-20-OF-2008.pdf|publisher=Commission for the Supervision of Business Competition|access-date=2 November 2017}}</ref>
{| class="wikitable"
! Type !! Maximum assets<br>[[Indonesian Rupiah|Rp]] millions!! Gross Revenue<br>Rp millions!!Number of Employees<br>[[Statistics Indonesia]]
|-
| Micro || <50 || <300 || 1-4
|-
| Small || 50-500 || 300-2,500 || 5-9
|-
| Medium || 500-10,000 || 2,500-50,000 || 20-99
|-
| Large || >10,000 || >50,000 || >99
|}

An annual revenue of Rp 50 billion is approximately equal to US$3.1 million as of April 2024.<ref>{{cite web |title=1 USD To IDR Convert United States Dollar To Indonesian Rupiah |url=https://www.forbes.com/advisor/money-transfer/currency-converter/usd-idr/ |url-status=live |archive-url=http://web.archive.org/web/20240414163427/https://www.forbes.com/advisor/money-transfer/currency-converter/usd-idr/ |archive-date=2024-04-14 |website=[[Forbes]] |access-date=2024-04-14}}</ref><ref>{{cite news |last1=Jiao |first1=Claire |last2=Kim |first2=Hooyeon |last3=Makol |first3=Malavika Kaur |date=2024-04-01 |title=Rupiah at Four-Year Low Triggers Intervention, Rate Hike Talk |url=https://www.bloomberg.com/news/articles/2024-04-02/rupiah-dips-to-four-year-low-on-bond-outflows-dollar-strength |work=[[Bloomberg News]] |access-date=2024-04-14 |url-access=subscription}}</ref>

Despite their significant contribution to GDP and job creation, Indonesian MSMEs confront a number of obstacles. One of the most significant is capital access: 60-70 percent of MSMEs lack access to financial institutions and their funding options. Other restrictions include inadequate infrastructure, difficulties acquiring company licences and permissions, high tax rates, political insecurity, and improving their brand image in the digital era.<ref>{{cite journal |last1=Torm |first1=Nina |title=To what extent is social security spending associated with enhanced firm-level performance? A case study of SMEs in Indonesia |journal=International Labour Review |date=September 2020 |volume=159 |issue=3 |pages=339–366 |doi=10.1111/ilr.12155 |s2cid=214429710 |url=https://doi.org/10.1111/ilr.12155 |language=en |issn=0020-7780|url-access=subscription }}</ref>

21st-century businesses strategically use both their [[website]]s and [[social media]] in order to advertise their products and control their [[brand]]ing. Quality content on both information streams will positively affect branding and attract customers.<ref>{{cite journal |last1=Suryani |first1=Tatik |last2=Fauzi |first2=Abu Amar |last3=Nurhadi |first3=Mochamad |title=Enhancing Brand Image in the Digital Era: Evidence from Small and Medium-sized Enterprises (SMEs) in Indonesia |journal=Gadjah Mada International Journal of Business |date=14 August 2021 |volume=23 |issue=3 |pages=314–340 |doi=10.22146/gamaijb.51886 |language=en |eissn=2338-7238 |doi-access=free}}</ref>

The People's Business Credit (Kredit Usaha Rakyat, or KUR [[:id:Kredit Usaha Rakyat|[''id'']]]) was established in 2007 by [[Susilo Bambang Yudhoyono|President Yudhoyono]] to extend credit to businesses that were considered "feasible but not bankable". [[Bank Rakyat Indonesia]] conducts more than half of KUR lending nationwide.<ref>{{Cite report |title=The World's Best-Kept Financial Inclusion Secret Revealed: The Untold Success Story of BRI Microbanking Since 1895 |date=2022-11-18 |url=https://ash.harvard.edu/wp-content/uploads/2024/02/bri_microbanking_paper.pdf |last=Rosengard |first=Jay K. |access-date=2024-04-14 |publisher=Ash Center for Democratic Governance and Innovation |page=21}}</ref> In [[Jakarta]], the capital city of Indonesia, 529 MSMEs with the potential to be funded have been identified by [[Bank Indonesia]].<ref>{{cite web |title=Database UMKM |url=https://www.bi.go.id/id/umkm/database/umkm-layak-dibiayai.aspx |website=www.bi.go.id}}</ref>

{| class="wikitable"
|-
! Economy Sector !! Number of Companies 
|-
| Processing Industry || 151
|-
| Health Services and Social Activities || 1
|-
| Rental leasing services without option rights, employment, travel agents and other business support ||9
|-
| Professional, Scientific And Technical Services || 11
|-
| Other Service Activities || 21
|-
| Arts, Entertainment And Recreation || 1
|-
| Construction || 2
|-
| Water Procurement, Waste Management And Recycling, Waste And Garbage Disposal And Cleaning || 1
|-
| Provision of Accommodation and Provision of Food and Drink || 80
|-
| Wholesale and retail trade of car and motorcycle repair and maintenance || 236
|-
| Agriculture, Forestry, and Fisheries || 16
|}