Micro, Small and Medium-sized Enterprises Day in
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Micro, Small and Medium-sized Enterprises (MSME) Day is an observance dedicated to recognizing the vital role these businesses play in the global economy. By generating employment opportunities, fostering innovation and contributing to sustainable development, these enterprises serve as the backbone of many economies, including Canada's. The aim of the Observance is to raise awareness of the significant impact MSMEs have on job creation, poverty reduction and financial inclusion, as well as to encourage international support and cooperation in the realization of their potential.
Originally established by the United Nations General Assembly in 2017, MSME Day aims to advocate for the growth and development of these enterprises as a means of bolstering the economic prospects of not just individual countries but also entire regions. For Canadians, this observance serves as a reminder of the important role MSMEs play in driving Canadian economic success, with these enterprises accounting for over 90% of all employer businesses in the country. With vast geographical expanses and a highly diverse population, MSMEs in Canada represent the backbone of local communities, providing employment opportunities and vital revenue to fuel economic development.
Typical customs and activities around MSME Day in Canada may include conferences, workshops, and seminars aimed at supporting the growth of these businesses and fostering networking opportunities among entrepreneurs. These events provide platforms for knowledge exchange, collaboration, and innovation, with the ultimate goal of securing the future prosperity of Canadian MSMEs. The Observance occurs annually on June 27th, providing a designated day for celebrating, recognizing, and supporting the vital role these businesses play in the Canadian economy.
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References and related sitesUN: Micro, Small and Medium-sized Enterprises Day