Minister Maman Abdurrahman of Indonesia’s Ministry of Micro, Small, and Medium Enterprises (MSMEs) has introduced the RISE To IPO program, aimed at providing alternative financing solutions to help medium-sized businesses thrive. He highlighted the challenges faced by medium enterprises in Indonesia, not just in accessing capital but also in finding sustainable financing options that suit their needs. The program was launched during an event in Jakarta on July 9, 2025, where Minister Maman emphasized the potential of Indonesia’s growing capital market as a viable funding source. The RISE To IPO initiative serves as a transformative tool, encouraging medium enterprises to transition from private companies to publicly listed entities that are more structured, transparent, and competitive. Minister Maman pointed out that 42 medium-scale companies were listed on the acceleration board by the end of 2024, with a focus on sectors like consumer goods, technology, and property. These enterprises are expected to play a vital role in supporting millions of micro and small businesses nationwide, acting as strong off-takers and aggregators in supply chain partnerships. This initiative aligns with President Prabowo Subianto’s vision for industrial downstreaming and strengthening productive sectors. By going public, medium enterprises can not only strengthen their own resilience but also create opportunities for micro and small businesses to expand and grow.
Minister Launches RISE To IPO Financing Breakthrough
