June 27 is Micro, Small, and Medium-Sized Enterprise (MSME) Day, as designated by the United Nations (UN) General Assembly. Every year, MSMEs come together on the day to celebrate their role in the economy and work toward Sustainable Development Goals (SDGs).
Currently, small and medium enterprises (SMEs) account for around 90% of global businesses and over 50% of employment. As a result, they have a significant impact on global GDP, yet their smaller, local nature means they are also more closely tied to communities.
World MSME day is a fantastic opportunity to support the amazing work MSMEs do, and there are multiple ways to celebrate the day. Here is how businesses can get involved.