Saint Lucia on Friday June 27th joined the observance of World MSME Day 2025, acknowledging the impact of Micro-, Small and Medium-sized Enterprises (MSMEs) on the global and local economy.



This year’s theme, “Enhancing the Role of Micro-, Small and Medium-sized Enterprises (MSMEs) as Drivers of Sustainable Growth and Innovation,” was both timely and relevant, especially as global trade dynamics continue to evolve. 

According to the United Nations, MSMEs remain vital sources of employment, income generation, and inclusive economic growth particularly for women, youth, and vulnerable populations. Yet, many of these enterprises still operate informally and face significant challenges, especially in accessing finance.


In her national address marking the occasion, Honourable Emma Hippolyte, Minister for Commerce, emphasized the importance of cultivating meaningful connections among MSMEs to unlock opportunities to collaborate, innovate and build resilience.


“Let’s move away from the isolationist mindset and lean into the strength of community. Join that association. Attend that event. Start that conversation,” she said. “Associations are only as strong and impactful as the people who shape them. Together, we are stronger.”


Permanent Secretary in the Ministry of Commerce, Mrs. Sophia Alfay-Henry highlighted key initiatives such as the MSME Loan-Grant Facility and a Business Registration Drive and Open Day hosted at the Ministry’s southern division at the Uptown Business Centre on New Dock Road, Vieux Fort.