Small and medium-sized enterprises (SMEs): companies with relatively small numbers of employees or capital. They play an important role in the economy and employment.
中小企業は日本経済の重要な部分を担っている。
SMEs play an important role in the Japanese economy.
政府は中小企業向けの補助金制度を拡充した。
The government expanded subsidy programs for small and medium-sized enterprises.
資金調達が難しく、中小企業の経営は厳しい場合が多い。
Financing is difficult, and management of SMEs is often challenging.