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Micro, Small, and Medium-Sized Enterprises Day on June 27 recognizes the immense contribution of businesses employing 250 people or fewer. These enterprises form the backbone of economies worldwide, driving innovation and creating jobs. Join us in celebrating their impact and exploring ways to support their continued growth.
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Expected Micro Small and Medium Sized Enterprises Day Deals
Micro, Small, and Medium-Sized Enterprises Day is a prime opportunity to support the businesses that power our communities. Organizations like the United Nations and the Small Business Administration (SBA) often highlight initiatives focused on access to finance, market linkages, and capacity building for MSMEs. Many local chambers of commerce and business associations, such as the National Federation of Independent Business (NFIB), organize educational webinars, networking events, and advocacy campaigns. Commercial platforms like Etsy, Shopify, and Yelp frequently run special promotions or features to boost visibility for their small business sellers and partners. Look for opportunities to ‘shop small’ or donate to programs that provide mentorship and resources to entrepreneurs. We encourage you to visit the official websites of these organizations and platforms to find specific ways to participate and contribute to their vital work.
Platform Guide for Micro Small and Medium Sized Enterprises Day
Tag National Today (linkedin.com/company/nationaltoday) and use #MSMEDay. Share success stories of small businesses you admire or insights on supporting local entrepreneurs.
X/Twitter
Mention @NatlToday and use #MSMEDay. Tweet about your favorite local businesses or share statistics on the global impact of MSMEs.
Mention National Today (facebook.com/nationaltoday) and use #MSMEDay. Create a post highlighting a local small business and encourage your friends to support them.
Micro Small and Medium Sized Enterprises Day Hero
Muhammad Yunus
History of Micro Small and Medium Sized Enterprises Day
Micro, Small, and Medium Enterprises are critical for creating jobs, reducing hunger and poverty, and stimulating entrepreneurship and innovation. They are also known as SMEs — this terminology is used by the World Bank and the U.N. They are a pivotal feature of communities and economies and micro, small, and medium-sized enterprises are vital in achieving Sustainable Development Goals. Legislation regarding SMEs was passed in 2006. Enterprises are classified into two categories — manufacturing enterprises and service enterprises.
In 2021, the United Nations hosted three events to celebrate the pivotal role that these entrepreneurs play in strengthening the global economy. The first was called ‘Empowering the Green Recovery’, which focussed on what SMEs could do to survive crises and challenges. This was a truly global affair with entrepreneurs from Argentina, Ghana, Indonesia, Kenya, and Senegal participating,
It is believed that in 2030, 600 million jobs will be needed due to the increase in the workforce. This has made micro, small, and medium enterprises a high priority for governments around the world. Most formal jobs are created by micro, small and medium businesses and figures show that they create seven out of ten jobs. 98% of all exports in the U.S. are via SMEs. They are thus really important and need to be protected and grown.
Micro Small and Medium Sized Enterprises Day timeline
The International Council for Small Business convenes a small business panel at its 61st World Congress at the United Nations, in New York City.
The International Council for Small Business calls on the United Nations to establish a dedicated Name-Day for small and medium enterprises.
27 June is declared Micro, Small, and Medium-sized Enterprises Day in April 2017.
The United Nations, in conjunction with International Council for Small Business, host a Micro, Small, and Medium-sized Enterprises Day Knowledge Summit in New York.
Micro, Small, and Medium-sized Enterprises Day goes online with two virtual events.
Micro Small and Medium Sized Enterprises Day FAQs
When is Micro Small and Medium Sized Enterprises Day?
Micro, Small, and Medium-Sized Enterprises Day 2026 falls on Saturday, June 27, offering a weekend opportunity to celebrate and support local businesses.
How many jobs do MSMEs create globally?
Micro, Small, and Medium-Sized Enterprises are a global employment powerhouse, accounting for approximately 70% of jobs worldwide. Their role in job creation is critical for economic stability.
What is the economic impact of MSMEs?
MSMEs are formidable economic drivers, contributing roughly 50% of the world’s gross domestic product (GDP). Their collective output forms a substantial portion of global economic activity.
Why are micro, small, and medium-sized enterprises so important?
MSMEs are crucial because they drive innovation, create the majority of jobs, and foster local economic growth. They are often more adaptable to market changes and serve niche community needs, contributing significantly to sustainable development.
How to Observe Micro Small and Medium Sized Enterprises Day
Participate in an event
Several organizations such as International Trade Center, the International Labor Organization, the United Nations Industrial Development Organization, and the World Bank host events online and in person. Grow your small business by attending such events.
Support SMEs
Support and spread the word about your local enterprise. Support and buy from the small businesses in your area – from the bakery to the yarn shop. They all require more customers.
Educate yourself
Learn more about the power of SMEs by watching one of the United Nations Micro, Small, and Medium-sized Enterprises Day videos. There are many online resources available.
5 Facts
They create the most jobs
Micro, small and medium-sized enterprises are responsible for generating the most formal jobs.
The workforce is growing
More than 600 million jobs will be needed by 2030 to handle the growing global workforce.
They support locals
Micro, small and medium-sized enterprises are more likely to hire from groups with lower chances of finding employment such as young people, older workers, and less-skilled workers.
Women have a pivotal role in business
Women own and lead up to one-third of all businesses operating in the formal economy worldwide, and millions more run small informal enterprises in developing economies.
They are informal
The majority of Micro, small and medium-sized enterprises are also informal enterprises, which provide livelihoods for 60% of the world’s workers.
Why Micro Small and Medium Sized Enterprises Day is Important
We love supporting local business
Micro, small and medium-sized enterprises increase local demand for services. This is good for the local and regional economies.
They create opportunities for growth
They create significant employment opportunities and income generation. This helps alleviate poverty.
The day creates awareness
On this day, we want to highlight the significant achievements and success rates of micro, small and medium-sized enterprises. It is amazing to see just how much of the market these small enterprises have garnered.
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