INTERNATIONAL DAY

Micro, Small and Medium Enterprises Day

Today, we shine a light on the crucial role of small businesses in our economy, a vital source of innovation and jobs.

JUN27

Sunday, June 27Every year on June 27

days to go

Roots: Established by the United Nations in 2017
Vibe: Community-driven and entrepreneurial spirit
Also on Jun 27: International Pineapple Day · International Ragweed Day · HIV Testing Day
Hashtag: #MicroSmallAndMediumEnterprisesDay

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3 ways to celebrate

AT HOME

Shop a small business

Buy from a local shop or independent maker today.

WITH FRIENDS

Visit the farmers market

Support local vendors together on a weekend outing.

AT WORK OR SCHOOL

Spotlight a vendor

Feature a small business you work with.

Fast facts

Small businesses employ nearly 50% of the U.S. workforce.

There are over 30 million small businesses in the U.S.

The story

Micro, Small and Medium Enterprises Day, observed on June 27, serves as a reminder of the importance of small businesses in our communities. According to the U.S. Small Business Administration, small businesses account for 99.9% of all U.S. companies, showcasing their significance in the American economy. These enterprises not only create jobs but also foster innovation and competition.

Read the full story

Small businesses are integral to the economic fabric of cities and towns across the nation. They provide a variety of goods and services that cater to local needs, enhancing the quality of life in their communities. Many small businesses are family-owned, passed down through generations, and contribute to the unique character of neighborhoods. Their personalized service often leads to strong customer loyalty.

On this day, we recognize the struggles faced by small enterprises, particularly in challenging economic climates. Many small business owners work tirelessly, often wearing multiple hats, to keep their operations running. They contribute to local economies, with the dollars spent at local businesses typically circulating within the community, boosting overall economic health.

Internationally, Micro, Small and Medium Enterprises Day encourages support for small businesses worldwide. Entrepreneurs in developing nations often face significant obstacles yet remain resilient. By advocating for policies that support small businesses, individuals can contribute to a more sustainable and equitable global economy. Celebrating this day is about acknowledging their contributions and the spirit of entrepreneurship.

Did you know?

Economic Impact

Small businesses account for 65% of all new jobs created in the U.S.

Diversity

About 37% of small businesses are owned by women.

Innovation

Small businesses are responsible for 16 times more patents per employee than large firms.

Cultural Contributions

Small businesses often reflect the unique culture and heritage of their communities.

Challenges

The main challenges faced by small businesses include access to capital and regulatory compliance.

Support Systems

Organizations like the Small Business Administration provide resources and support for small businesses.

Community Engagement

Small businesses often engage in community service, enhancing their local impact.

Around the world

Every culture celebrates a little differently.

USUnited StatesHome to over 30 million small businesses, the U.S. celebrates their contribution on June 27.
CACanadaIn Canada, small businesses employ 70% of the private sector workforce.
GBUnited KingdomThe UK recognizes small businesses for their role in driving economic growth.
AUAustraliaAustralia's small businesses make up 97% of all businesses and are key to innovation.
DEGermanyGermany's Mittelstand, comprised of small and medium enterprises, is essential to its economic success.
FRFranceFrance supports small businesses as they contribute significantly to job creation and economic stability.