Micro, Small and Medium‑sized Enterprises Day, observed annually on June 27th, shines a spotlight on the vital contribution that small businesses make to economies and communities across the globe. These enterprises drive innovation, provide employment, and play a crucial role in achieving sustainable development. In 2025, MSME Day is an opportunity to celebrate entrepreneurs, support local economies, and advocate for inclusive growth worldwide.
What is Micro-, Small and Medium‑sized Enterprises Day?
MSME Day is a United Nations-recognised awareness day established to promote the importance of micro-, small and medium-sized businesses in achieving development goals and fostering inclusive, resilient economies. The day acknowledges the hard work and resilience of small business owners and encourages governments, corporations, and consumers to support them through access to finance, markets, and policy support.
When is MSME Day?
Micro-, Small and Medium‑sized Enterprises Day takes place each year on June 27th. In 2025, the day falls on a Friday. The United Nations General Assembly officially designated this date in 2017, recognising that 90% of businesses worldwide fall into the MSME category and collectively employ more than 60% of the global workforce.
Why MSME Day matters
Small businesses are often referred to as the “backbone of the economy.” They generate employment, stimulate local growth, and bring innovation and creativity to nearly every sector. MSME Day raises awareness of the challenges these businesses face — including access to finance, training, and regulatory frameworks — especially in developing economies and during crises such as the COVID-19 pandemic. Supporting MSMEs helps reduce poverty, drive innovation, and create resilient economic ecosystems.
How to get involved in MSME Day
- Shop local and support small businesses in your community, both online and in person.
- Share success stories of inspiring entrepreneurs and small businesses on social media using the official hashtags.
- Attend or host events and webinars focusing on small business development, digital tools, or access to finance.
- Advocate for small business-friendly policies in your region or industry.
- Collaborate with local MSMEs through partnerships, procurement, or mentoring programmes.
History of MSME Day
Micro-, Small and Medium‑sized Enterprises Day was formally established by the United Nations General Assembly in April 2017. The resolution was co-sponsored by more than 50 member states and supported by the International Council for Small Business (ICSB). Since then, the day has grown into a global observance, with events coordinated by the UN, World Bank, International Trade Centre, and other partners. It aligns with the UN’s Sustainable Development Goals (SDGs), particularly those focused on economic growth, decent work, and reducing inequality.
Key Facts About MSMEs
- MSMEs represent over 90% of businesses worldwide and more than 70% of employment in many countries.
- They are particularly important in emerging economies, where they account for up to 40% of GDP.
- Women and youth entrepreneurs face unique barriers to growth, including financing and market access.
- MSMEs were disproportionately affected by the COVID-19 pandemic but have shown remarkable adaptability and resilience.
- Access to digital technology and e-commerce is helping MSMEs scale, innovate, and connect with global markets.
Hashtags
#MSMEDay #SupportSmallBusiness #SmallBusinessMatters #GlobalEntrepreneurs #InclusiveGrowth
Links
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