World Micro, Small & Medium Enterprises Day 2023

Every year on June 27th, Micro, Small and Medium-sized Enterprises (MSMEs) Day is celebrated to honour their role in achieving the Sustainable Development Goals (SDGs). Small and medium-sized enterprises (SMEs) account for up to 90% of businesses, 60% to 70% of employment, and they account for half of global GDP, according to the United Nations (UN).

The Global Council for the Promotion of International Trade is an organization based in India, South Africa, United States, United Arab Emirates, Europe, Singapore and the United Kingdom with board & council member representation across the world. We will be celebrating WORLD MSME DAY on 26-28th June’2023.

As registered micro, small, and medium-sized businesses, enablers, community builders, government and public organizations, we invite you to join us in this prestigious celebration. It is an opportunity to come together as a global community, share insights, foster collaboration, and learn from each other’s experiences.

The theme of this year’s celebration is “Building a Stronger Future Together.” In line with this, we are excited to announce the launch of the #Brand10000MSMEs Network, a dynamic platform where MSMEs from around the world can connect, learn, and grow together. By joining this network, you will gain access to valuable resources, knowledge-sharing opportunities, and a supportive community that can empower you on your entrepreneurial journey.

The virtual event will feature engaging keynote speeches, panel discussions, interactive workshops, and networking sessions with industry experts, thought leaders, and successful MSME owners. Through these activities, we aim to provide you with valuable insights, practical strategies, and inspiration to overcome challenges, seize opportunities, and drive sustainable growth.

World MSME Day is an important opportunity to look at this topical issue in a very practical and policy-oriented way in the global context of Micro, Small and Medium Enterprises. Here, we ask the rest of the world to work together to help MSMEs get through the current crisis and build up their ability to handle future shocks. We encourage GCPIT Members to create an open, fair, non-discriminatory, and predictable global trade and business environment that helps and encourages MSMEs to participate in international trade and business.

We will be seeking the answers to below mentioned key questions from

Global MSME Champions:

  • Providing an overview of the country’s economic landscape and key industries
  • Discussing trade policies, agreements, and incentives for international trade
  • Highlighting the investment climate and attractive sectors for investment
  • Sharing success stories and case studies of MSMEs thriving in the country’s business ecosystem
  • Presenting specific investment opportunities and potential areas of collaboration
  • What are some notable success stories or achievements of MSMEs that you have supported? How did your involvement contribute to their success?
  • How do you foster collaboration and partnerships between MSMEs and other stakeholders in the ecosystem? Can you share any examples of successful collaborations that have resulted in positive outcomes for MSMEs?
  • In your opinion, what are the key ingredients for creating an enabling environment for MSMEs? How can various stakeholders, including governments, organizations, and communities, work together to foster the growth and success of MSMEs?

Glocal MSMEs 

  • Can you provide an overview of your MSME and the industry it operates in? What inspired you to start this business, and what have been your key milestones and achievements along the way?
  • What were some of the major challenges you faced as an MSME, and how did you overcome them? Please share any specific strategies, innovative approaches, or lessons learned that have helped you navigate through obstacles and achieve success.
  • How has your MSME contributed to the local community and the broader economy? In terms of job creation, skill development, social impact, or sustainability practices, please highlight some initiatives or programs that have had a positive effect on your community.
  • As an experienced MSME entrepreneur, what advice would you give to aspiring business owners? What key lessons have you learned throughout your journey that could help others in starting or growing their own ventures?
  • In light of the ongoing global challenges and uncertainties, how have you adapted your business to thrive in a changing environment? Please share any innovative strategies, digital transformations, or resilience-building measures that have allowed your MSME to continue growing and succeeding.

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