International MSME Day is an annual event celebrated worldwide on June 27th to raise awareness about the crucial role played by Micro, Small, and Medium Enterprises (MSMEs) in driving economic growth, fostering innovation, and creating employment opportunities. In this blog, we delve into the history of International MSME Day, explore the theme for 2023, discuss why it is worth celebrating, provide ideas on how to celebrate, and share inspiring quotes to inspire and motivate MSME owners and supporters.

History of International MSME Day:

International MSME Day was first proclaimed by the United Nations General Assembly in April 2017 to recognize the importance of MSMEs in achieving sustainable development goals. The day was officially celebrated for the first time on June 27, 2018. Since then, it has been celebrated annually as a global platform to raise awareness and support for MSMEs worldwide.

Theme for International MSME Day 2023:

The theme for International MSME Day 2023 is “Empowering MSMEs for a Sustainable Future.” This theme emphasizes the need to provide MSMEs with the tools, resources, and support they require to thrive in an ever-evolving business landscape. It highlights the significance of creating an enabling environment that fosters entrepreneurship, innovation, and sustainability, ensuring the long-term success and resilience of MSMEs.

Why Celebrate International MSME Day?

Economic Impact: MSMEs form the backbone of many economies, contributing significantly to GDP, employment, and export earnings. Celebrating International MSME Day helps highlight their economic importance and raises awareness about their unique challenges and opportunities.

Promoting Entrepreneurship: MSMEs often serve as the breeding ground for entrepreneurs, innovators, and job creators. Celebrating MSME Day encourages aspiring entrepreneurs to pursue their dreams, fostering a culture of entrepreneurship and innovation.

Inclusive Growth: MSMEs play a crucial role in fostering inclusive growth by creating job opportunities for marginalized communities, empowering women, and supporting local development. Celebrating MSME Day helps shine a light on the social impact of these enterprises.

How to Celebrate International MSME Day 2023:

Support Local MSMEs: Make a conscious effort to support and buy from local MSMEs. By doing so, you contribute to their growth and sustainability, while enjoying unique products or services.

Knowledge Sharing: Organize or participate in workshops, seminars, or webinars aimed at sharing knowledge and skills with MSME owners. Topics could include digital marketing strategies, financial management, or leveraging technology to enhance productivity.

Networking Events: Attend networking events or organize meetups to connect with fellow entrepreneurs, industry experts, and potential business partners. Collaborations and partnerships can lead to mutually beneficial opportunities.

Social Media Campaigns: Utilize social media platforms to spread awareness about International MSME Day and showcase success stories of local MSMEs. Use hashtags like #MSMEDay2023 and #SupportLocalMSMEs to amplify the reach.

Inspirational Quotes for International MSME Day:

  • “Small businesses are the backbone of our economy, and their success is our success.” – Richard Branson
  • “Every big business starts small.” – Sir Richard Branson
  • “The future belongs to those who believe in the beauty of their dreams.” – Eleanor Roosevelt
  • “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” – Albert Schweitzer
  • “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.” – Anonymous


International MSME Day 2023 is an occasion to acknowledge and celebrate the incredible contributions of MSMEs to our economies and societies. By recognizing their achievements, addressing their challenges. And empowering them for a sustainable future, we can foster an environment that nurtures innovation, inclusivity, and economic growth. Let us come together to support, uplift, and celebrate MSMEs, ensuring their continued success and prosperity.

Source: published 23rd June 2023