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===Small and medium enterprise=== In 2013,{{efn|An updated report for 2016 is available but does not give this data.<ref>{{cite web|url=https://www.milton-keynes.gov.uk/assets/attach/36431/Local%20Economic%20Assessment%20Final%202016.pdf |title=Local Economic Assessment 2016 |publisher=Milton Keynes Council |date=January 2016 |access-date=7 May 2019}}</ref>}} 99.4% of enterprises being [[Small and medium enterprise|SMEs]], just 0.6% of businesses locally employ more than 250 people (but more than one third of employees),<ref name=MKLEAR>{{cite web |url=https://www.milton-keynes.gov.uk/assets/attach/13924/Local_Economic_Assessment_Refresh_March_2013_Final.pdf |title=Milton Keynes: Local Economic Assessment Refresh, March 2013 |page=18 |date=March 2013 |publisher=Milton Keynes Council |access-date=7 May 2019 |archive-date=7 May 2019 |archive-url=https://web.archive.org/web/20190507181842/https://www.milton-keynes.gov.uk/assets/attach/13924/Local_Economic_Assessment_Refresh_March_2013_Final.pdf |url-status=live}}</ref> whereas 81.5% employ fewer than 10 people.<ref name=MKLEAR /> The 'professional, scientific and technical sector' contributes the largest number of business units, 16.7%.<ref name=MKLEAR /> The retail sector is the largest contributor of employment.<ref name=MKLEAR /><ref name="BUA2011" /> Milton Keynes has one of the highest number of business start-ups in England, but also of failures.<ref name="c4cb 2021" /> Although education, health and public administration are important contributors to employment, the contribution is significantly less than the averages for England or the South East.<ref name=MKLEAR />
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