Micro-, Small and Medium-sized Enterprises (MSME) Day 2024: Driving Sustainable Development
| Aspect | Details |
|---|---|
| Event | MSME Day |
| Date | June 27 |
| 2024 Theme | Leveraging Power and Resilience of MSMEs to Accelerate Sustainable Development and Eradicate Poverty in Times of Multiple Crises |
| Global Contribution of MSMEs | 90% of businesses, 60-70% of employment, 50% of GDP in most countries |
| Importance | Support local economies, create jobs, foster innovation, promote inclusive growth |
| Challenges | Cost-of-living crisis, limited financial resources, difficulty accessing development and climate financing, ongoing conflicts |
| Key Stakeholders | Policymakers, large companies, financial institutions, international community |
| Focus Areas for Support | Access to finance, digital transformation, skills development, sustainable practices, market access |
| Relevant SDGs | SDG 1 (No Poverty), SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), SDG 10 (Reduced Inequalities), SDG 12 (Responsible Consumption and Production) |
| Celebration Activities | Conferences, workshops, networking events, policy dialogues, showcases of successful MSME stories, launch of new support initiatives |

