Minister Maman Abdurrahman of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia recently introduced the RISE To IPO program, aimed at providing an alternative financing solution to support the growth of medium-sized businesses. The program addresses the challenges faced by medium enterprises in Indonesia, including limited access to capital and the need for sustainable financing schemes tailored to their specific requirements. Minister Maman highlighted the potential of Indonesia’s capital market as a promising source of alternative funding during the launch event for the RISE To IPO program in Jakarta. He emphasized that the initiative serves as a transformative bridge for medium enterprises to transition from private companies to publicly listed ones, promoting a more structured, transparent, and competitive business environment. Data from the Indonesia Stock Exchange (IDX) revealed that 42 medium-scale companies were listed on the acceleration board by the end of 2024, primarily from the consumer goods, technology, and property sectors. Minister Maman expressed his belief that these medium enterprises could serve as anchors for millions of micro and small businesses nationwide, playing a crucial role in supply chain partnerships and contributing to the country’s economy. The RISE To IPO program aligns with President Prabowo Subianto’s vision of industrial downstreaming and strengthening productive sectors. By going public, medium enterprises not only enhance their resilience but also create opportunities for micro and small businesses to expand and grow. This financing breakthrough holds significant potential for the development and growth of medium enterprises in Indonesia.