Is Wisconsin producing enough startup companies? No, especially when all startups are counted… whether those young companies are bakeries, burger joints, beauty salons or biotechnology firms.
What often matters more than the sheer number of startups is the survivability and “scale up” stages for young companies, a time when emerging firms produce increasing numbers of jobs that pay solid salaries.
Wisconsin has some prominent examples. Companies such as Epic, Promega, Astronautics, Direct Supply, Logistics Health, Renaissance Learning, Trek and many more were all Wisconsin startups not so long ago. As they grew, they collectively produced thousands of jobs created through innovation born close to home.