Ohmco Archives - Chippewa Economic Development Corporation

BEAR ’25: Wisconsin’s Statewide Pitch Showcase Tackles Mid-Stage Capital Gap- Connecting Scaling Businesses with Growth-Ready Investment

FOR IMMEDIATE RELEASE August 15, 2025 BEAR ’25: Wisconsin’s Statewide Pitch Showcase Tackles Mid-Stage Capital Gap- Connecting Scaling Businesses with Growth-Ready Investment Holcombe, WI – Positioned at the forefront of Wisconsin’s growing startup success story, the Chippewa Economic Development Corporation’s BEAR ’25 (Business Expansion and Retention Pitch Showcase) took place this week in Holcombe, bringing together second-stage companies and the investors, lenders, and business champions ready to fuel their next phase of growth. As a statewide initiative, BEAR was designed to address a persistent challenge: the lack of accessible capital for companies that have moved beyond early traction but need resources to scale sustainably. According to a recent report from the Wisconsin Technology Council, more startups across the state are entering a growth-ready phase, reflecting a shift from ideation to execution. However, this [...]

Shining a Spotlight on Second-Stage Success with BEAR ’25

Wisconsin—and the Chippewa Valley in particular—lags behind some other states and regions in new business formation and job creation per startup. The rate of new business launches has also declined in recent years. Recognizing this challenge, the Chippewa Economic Development Corporation (CEDC) has been working to change the trend. We’re focusing on increasing support density, backing founders, and building a stronger ecosystem for growth—especially for second-stage companies. You might be surprised to learn just how many second-stage companies operate right here in western Wisconsin. These are typically privately owned, growth-oriented firms with annual revenues between $1 million and $50 million and at least 10 employees. They’ve moved beyond the early hurdles of starting up and are now focused on scaling their operations, expanding into new markets, and creating lasting value in their industries. [...]