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The phrase "a small institution" is correct and usable in written English.
It can be used to describe an organization or establishment that is limited in size or capacity.
Example: "The scholarship was awarded to a student from a small institution that focuses on personalized education."
Alternatives: "a minor establishment" or "a modest organization."
Exact(38)
And the Bank of England is not a small institution".
For a small institution, even finding all the prices available can be a great strain.
"Because we're a small institution, everyone knows everyone else," said Joseph Bonner, a university spokesman.
A small institution in Maine, Unity College, has already voted to get out of fossil fuels.
Though called a university, Oikos is a small institution with a few hundred students.
A whimsical riff on the bookmobile, Mr. Soriano's Biblioburro is a small institution: one man and two donkeys.
Similar(22)
How is a smaller institution to compete?" It's a good question.
Medical Center, a smaller institution whose doctors initially opposed the merger with Mount Sinai, realized a $22.7 million operating profit last year.
The new plan calls for a smaller institution, one with 1,500 beds, to be built across the street from the New Fulton Fish Market on what is now a city-owned parking lot.
But if a depositor at Bank of Cyprus wanted to transfer funds to, say, Hellenic Bank, a smaller institution that is in better shape, the controls would be less severe because that money would remain within the Cypriot banking system.
"But a smaller institution might find value in a preconfigured unit that's alive and ready to go," so long as there is someone at the company to answer questions and offer technical support.
More suggestions(1)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com