iarjbmIARJBMIARJBM2708-5147https://doi.org/10.47310/iarjbm.2021.v02i02.021Does COVID-19 Matter for Performances of Micro, Small and Medium Enterprises (MSMEs) In Banda ACEH, Indonesia?AnharMuhammadNasirChennySeftaritaMaster Student in Economics, Faculty of Economics and Business, Universitas Syiah Kuala (USK), IndonesiaSenior Lecturers, Faculty of Economics and Business, Universitas Syiah Kuala (USK), IndonesiaThis study aims to comparatively explore the effects of working capital, the number of workers, the number of working hours and the level of education on the Micro, Small and Medium Enterprises (MSMEs)’ performances before and after the Covid-19 pandemic in Banda Aceh City, Indonesia. It also attempts to evaluate whether there are differences in performances of MSMEs before and after Covid-19. This study gathered primary data through observation and questionnaires’ distribution to 100 respondents. The data are analyzed using multiple regression and paired t-test analyses. Based on regression analysis, the study found that working capital and the number of working hours significantly affected the performances of MSMEs before the Covid-19 period, while the number of workers and the level of education have an insignificant effect. After the Covid-19 period, the level of education is found to be the only variable that has an insignificant effect on the performances of the MSMEs. Based on paired t-test, the study recorded differences in performances of the MSMEs before and after the Covid-19 period. These findings imply that special attention should be given by the government to enhance the performances of the MSMEs during the Covid-19 period by giving various financial incentives.