Every year on June 27, the world comes together to celebrate Micro Small and Medium Sized Enterprises Day (MSME Day), a day dedicated to honoring the unsung heroes of the global economy. Mark your calendars for June 27, 2025, as we shine a spotlight on the incredible contributions of MSMEs worldwide!
Why is MSME Day Celebrated?
MSMEs are the backbone of economies across the globe. These small yet mighty businesses account for 90% of all businesses, 60-70% of global employment, and 50% of GDP worldwide. MSME Day was established by the United Nations General Assembly in 2017 to recognize their pivotal role in achieving sustainable development goals, fostering innovation, and reducing inequality.
A Brief History of MSME Day
The United Nations, through its resolution 71/279, designated June 27 as MSME Day. The initiative was spearheaded by the International Council for Small Business (ICSB) to bring attention to the challenges faced by small businesses and emphasize their contributions to local and global economies. Since its inception, MSME Day has been a platform to advocate for policies that support small enterprises and empower entrepreneurs worldwide.
The Significance of MSMEs
MSMEs are more than just businesses; they are engines of economic growth and innovation. They create jobs, drive exports, and foster community development. Whether it’s the neighborhood bakery, a tech startup, or a family-run workshop, these enterprises play an indispensable role in our lives. MSME Day is a reminder of their impact and a call to action to support and nurture them.
How is MSME Day Observed?
From workshops and seminars to award ceremonies and networking events, MSME Day is celebrated in diverse ways around the world. Governments, NGOs, and businesses organize activities to raise awareness about the challenges faced by MSMEs, such as access to finance and markets. Entrepreneurs share their success stories, and communities come together to support local businesses.
Ways You Can Celebrate MSME Day 2025:
- Support local businesses by shopping small.
- Attend webinars or workshops to learn about entrepreneurship.
- Share inspiring stories of MSMEs on social media using #MSMEDay2025.
- Encourage policymakers to create a supportive environment for small businesses.
Fun Facts About MSMEs
- The first MSME Day was celebrated on June 27, 2017.
- MSMEs account for over 90% of all businesses worldwide.
- Small businesses are responsible for creating two-thirds of all jobs globally.
- Studies show that small businesses are more adaptable and resilient during economic crises.
Call-to-Action
As we approach June 27, 2025, let’s pledge to support and celebrate the small businesses that make our world a better place. Whether you’re an entrepreneur, a policymaker, or a consumer, your actions can make a difference. Together, let’s empower MSMEs to thrive and drive sustainable development!
What will you do to celebrate MSME Day this year? Share your plans and inspire others to join the movement!
