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40 High-Impact Entrepreneurs from 13 Countries Join Network at the 56th International Selection Panel in Miami; Endeavor Peru Welcomes First Entrepreneurs

MiamiISPMiami, FL – December 11, 2014 – Endeavor selected 40 high-impact entrepreneurs leading 22 companies in 13 countries at its 56th International Selection Panel.

Endeavor now supports 1,030 High-Impact Entrepreneurs from 651 companies across 22 countries. The first International Selection Panel (ISP) in Miami, FL since the affiliate was launched in 2013, the entrepreneurs were chosen at a panel held from December 8 – 10th.

The ISP is the conclusion of a rigorous multi-step selection process that is at the core of the Endeavor model. At the Miami ISP, top global business and industry leaders interviewed candidates about their businesses and potential for high-impact growth, and then deliberated on whether or not the candidates should become Endeavor Entrepreneurs. This panel was a milestone for Endeavor as the organization officially marked the selection of its thousandth entrepreneur. In addition, Endeavor Peru, which launched in 2014, welcomed its first two entrepreneur companies – Disfruta and Pulso Salud – into the network.

“As we officially cross the mark of a thousand entrepreneurs selected, Endeavor’s network has become an unparalleled force of inspiration and support,” said Endeavor co-founder and CEO Linda Rottenberg. “It was especially amazing to see the passion, professionalism and early impact of Endeavor Miami’s network since its launch.”

After their selection into the Endeavor network, the entrepreneurs are given access to customized services, including introductions to local and international business mentors and volunteers from Fortune 500 consulting firms who will help them address key business needs. Since 1997, Endeavor Entrepreneurs have created nearly 400,000 jobs, generated and built sustainable growth models in their home countries, transformed local economies and become role models for future generations of leaders.

“This Endeavor event was a celebration of all of the amazing entrepreneurial talent around the world,” said Endeavor Miami Board Co-Chair Adriana Cisneros. “It was exciting to showcase the great progress of Endeavor Miami over the past year and the region’s high-impact potential.”

To celebrate the incoming entrepreneurs, Endeavor Miami hosted an event at the New World Center on the final night of the ISP,  bringing together all ISP participants, entrepreneurs, board members, mentors and top leaders from the Miami community. The event was generously sponsored by The Knight Foundation, Cisneros Group, Grupo Arcano, Univision and The Wolfington Companies.

Endeavor will host six International Selection Panels in 2015. Locations will be in Singapore; Santiago, Chile; Amman, Jordan; San Francisco, CA; Marrakech, Morroco; and Mexico City, Mexico.

Brief descriptions of the newly selected entrepreneurs and companies follow.

ARGENTINA

Entrepreneurs: Martin Añazco & Diego Meller

Company: Jampp

Jampp is amplifying the global mobile application market. Mobile app-driven businesses have a challenging time navigating the changing mobile marketing industry. Jampp helps these companies drive large volumes of high-quality mobile users to their apps in a simple and cost-effective way. The company manages the entire process of marketing apps, from planning to tracking and optimization.

BRAZIL

Entrepreneurs:  Eduardo Lima & Sivio Melo Jr

Company: Avantia

Avantia is the first security system in Brazil to package cutting-edge technologies from ten different global suppliers into one integrated platform. Avantia has focused its efforts in the city of Recife, one of the most dangerous cities in the country. Since installing its security system four years ago, the city has seen a reduction in the number of murders by 60.8%—spurring the company’s growth by a CAGR of 40% per year. With such success in Recife, the entrepreneurs are expanding Avantia’s scope into Sao Paolo and aim to be a global benchmark in the security market. Currently employing over 450 people, Avantia is not only keeping the city safe but also creating significant jobs for the community.

Entrepreneurs: Albert Deweik & Roy Nasser

Company: NeoAssist

NeoAssist provides peace of mind to companies and their customers through its automated customer service software. This cloud-based platform allows clients to automate personal responses to customer inquiries and easily track a customer’s social media engagement with the company, among other capabilities. This software allows companies to improve customer satisfaction by 35%, while also reducing the cost of customer service by 30% to 70%. According to the Reclame Aqui, the authoritative agency for customer service ranking in Brazil, three out of the top five Brazilian companies in customer service – and 15 of the top 30 – are NeoAssist clients.

Entrepreneurs: Mate Pencz & Florian Hagenbuch

Company: Printi

Printi makes it easy for small businesses in Brazil to design and procure printed promotional materials. It is the first in Brazil to serve SMEs and individuals with low-or-medium volume needs. The local printing market is highly fragmented and informal, characterized by a few major graphic printers who only work with high-volume clients, printer brokers that set arbitrary and prohibitive prices, and low-quality corner mom-and-pop shops. Printi’s convenient ecommerce site provides the most cost effective printing option in the market. Its commitment to quality and customer satisfaction has resulted in consistent satisfaction scores of over 65% across more than 35,000 clients.

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Dinner at Wynwood Kitchen after a day of interviews

CHILE

Entrepreneurs: Alan Schoihet, Jack Schoihet, Paul Kisiliuk & Uri Cohen

Company: NiuSushi

NiuSushi is an innovative restaurant chain that maximizes its number of satisfied customers by meticulously tracking every metric, from each store’s inventory of rice to the number of minutes it takes for each chef to make a sushi roll in real-time. Customers can choose from more than 80 different rolls of sushi, including fresh Patagonia salmon, octopus, ahi tuna, shrimp and vegetarian options. Every year, NiuSushi updates its menu with new combinations mined from customer preferences and global market studies. With eight locations in Santiago alone, NiuSushi now intends to expand throughout Chile and the region to bring its premium product to a larger audience.

Entrepreneur: Luis Ahumada

Company: Mediastream

Consumers in Latin America want on to access online content on demand, but local media providers still do things the old fashioned way – through TVs and radios. Chilean company Mediastream’s streaming solutions enable companies to keep up with consumer trends and broadcast content through any internet-connected device. Mediastream is a first mover in Latin America, and has built the channels responsible for 60% of content streamed online in Chile. The end-to-end solution for recorded and live-event streaming makes it easy for traditional content providers to build new digital offerings to reach, engage, and monetize audiences.

COLOMBIA

Entrepreneurs: Camilo Pérez, Juan Sebastián Correa & Ricardo Jaramillo

Company: Agrofuturo

Agrofuturo is finally enabling Colombia to compete with the other agricultural superpowers in Latin America. Despite the country’s rich terrain, only 14% of arable land is under cultivation due to violence that plagued rural areas, resulting in a lack of knowledge of how to properly invest and use fertile lands. Through information sourcing strategies, such as a world-class industry expo, and end-to-end agricultural services – including Project Design and Asset Management – Camilo Pérez, Juan Sebastián Correa and Ricardo Jaramillo have catalyzed the growth of the Agricultural sector in Colombia and made it more attractive for investors. Already, Agrofuturo has facilitated $200 million in industry transactions and cultivated 30,000 hectares of previously idle land—growing its revenues through events, project design, management, and fees.

EGYPT

Entrepreneur: Sherief Kesseba

Company: Nile Valley Growers

Nile Valley Growers produces and exports top-quality grapes and red onions to supermarkets across continental Europe and the UK. Egypt’s geographic location allows Nile Valley Growers to export produce when the Global supply is typically at its lowest – after the end of the Southern hemisphere’s season but before the Northern hemisphere’s crops ripen. The country’s close proximity to the European, African, and Asian markets enables produce to quickly reach supermarket shelves which equates to a longer shelf-life.

Entrepreneur: Dr. Hisham Haddara

Company: Si-ware Systems

Si-ware Systems is the first company to design semiconductors in Egypt and export to global clients in the USA, Japan, China, Russia, and France. The company designs the smallest and most cost-efficient spectrometer on the market and has plans to release a quartz-less oscillator by 2015. These semiconductor components are the foundation of electrical devices. Si-ware’s components are built to be easily adaptable to various micro-devices.

JORDAN

Entrepreneurs: Charif Mzayek, Alissar Mzayek & Ghassan Mzayek

Company: Alissar

Business is blooming for the Mzayek family, founders of Alissar, a leading flower producer and retailer in MENA. Transforming Jordan’s arid climate into an oasis, Alissar began as a retail outlet selling floral arrangements and indoor plants to the local market.  The company has set its eyes on the commercial flower and plant market in the GCC, maintaining its floriculture core and expanding its product lines to growing its own flowers and distributing planting material. Future growth will be driven by increasing organizational efficiencies and geographic expansion within the GCC and into Asia for Alissar’s hotel floral supply business and planting material wholesale vertical. Alissar will also see expansion through a new partnership with Aramex that connects growers and buyers online.

LEBANON

Entrepreneurs: Nehman Hachem & Samer Hachem

Company:  Hintrag

Hintrag’s powdered desserts and drinks offer inexpensive and convenient alternatives to traditionally packaged goods, yet leading global brands in most countries do not cater to local palates. Investing heavily in R&D since 2008, Hintrag provides customers in 24 countries with over 120 locally-specialized varieties of high-quality powdered drinks & desserts – from Lebanese dessert mixes to Asian dumpling mixes. One of two leading players in Lebanon’s powdered food industry, Hintrag successfully secured 30% of the local market in less than six years with strong presence in MENA. Over the next three years, Hintrag plans to nearly double its global footprint and expand its product offering to better serve the African market.

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ISP candidates are interviewed by global business leaders

MEXICO

Entrepreneurs: Alejandro Maza, Alberto Tawil & Adolfo Unanue

Company: Open Intelligence [OPI]

Government intelligence just got smarter. OPI offers a customizable, easy to use, cloud-based platform that analyzes and visualizes the relationship between thousands of variables. Aside from using their own data, clients can access the information in OPI’s database, which warehouses all of the non-classified data that previous clients have uploaded. If clients want to generate more topic-specific data, OPI’s associated mobile apps facilitate on the ground data collection. When the Ministry of Interior used Arquimedes to understand neighborhood crime rates, it analyzed the relationship between education, single parent families, and over one thousand other variables. Later that year, the ministry started redesigning its policy and resource allocation strategies based on OPI’s contributions. The impact of OPI’s software soon garnered national and international media attention.

Entrepreneurs: Manuel Gonzalez, Ricardo Arteaga & Leonardo Randolph

Company: Agroin

Anyone who’s tried searching for some tejocote (a fruit native to Mexico) or other Mexican specialties in their local grocery market knows how hard it can be find. Finding frozen tejocote that also bursts with the same fresh, authentic taste is even harder. Agroin is changing that with its frozen produce and its ready-to-eat frozen Mexican delicacies, like cheese-stuffed peppers. Already a key supplier for La Huerta, Mexico’s largest frozen vegetable brand, Agroin now seeks to expand under its own distinct brands.

Entrepreneur: José Antonio Díaz

Company: Provive

Provive is reinvigorating foreclosed and abandoned Mexican communities with vida, or life. According Infonavit and Sociedad Hipotecaria Federal, more than two million low-income homes built in Mexico over the past ten years are suffering the effects of abandonment and foreclosure due to poor urban planning and the absence of organized social structures that strengthen communities. Provive’s business buying, refurbishing, and reselling abandoned homes and building community centers and programs regenerate the urban and social fabric of Mexico.

Entrepreneur: Cory Crespo

Company: COLOüRs

Mexican marketing and media agency COLOüRS helps companies brighten up their branding. COLOüRS starts with a simple truth: consumers find advertising boring. Mass-marketing might reach many, but they engage few. COLOüRS creates memorable experiences to connect brands and celebrities with consumers who share a passion for fashion, art, music, entertainment, and sports. In order to be the gateway between premium brands, top talent, and elite consumers, COLOüRS operates three vertically integrated subsidiaries specializing in marketing and talent management. One of these is CMX Talent, the first formal talent management agency in Mexico.  COLOüRS produces 150 events and festivals annually, including the biannual Mercedes-Benz Fashion Week Mexico and the Coca-Cola Fifa World Cup Trophy Tour.

MIAMI

Entrepreneur: Anabel Perez

Company: NovoPayment

The payments ecosystem in Latin America is faced with anemic technologies that are unable to meet the demands of an ever-changing payments landscape. This imbalance leads to an underdeveloped prepaid value chain, where banks are unable to reach lower income “unbanked” customers, enterprises lack a system to incentivize their employees, and retailers are forced to rely on costly cash payments. NovoPayment helps companies reach a broader base of customers and increase their revenues by providing them with the infrastructure to build their own prepaid and mobile wallet programs. The market for cash conversion to digital means, such as prepaid account services, is estimated to reach US$16 billion in 2015. NovoPayment facilitates 70 million transactions annually through a portfolio of 9,000 clients that spans Fortune 500 companies and Latino micro-businesses.

Entrepreneur: Brian Brackeen

Company: Kairos

Kairos’ facial recognition API captures the depths and contours of a 2D facial image through 85 points of interest and renders the image as a 3D model to ensure 99% identification accuracy. Even if people change their appearance – by growing a beard or putting on glasses – Kairo’s software will recognize them. The software’s pricing model allows clients to use it for free (for up to 50,000 identifications), and scale the service to meet their specific use requirements and budget.

PERU

Entrepreneurs: Azucena Gutierrez & Eduardo Gutierrez

Company: Disfruta

The juice industry in Peru is ripe for innovation. Peru leads Latin America in its vast diversity of exotic fruits, and although juice has always been a staple of the Peruvian diet, production has remained informal, with most juice makers blending ingredients from small roadside carts. Disfruta is modernizing the juice industry in Peru by pioneering a chain of juice bars designed to appeal to sophisticated, health-conscious consumers. Peruvians drink one million liters of juice every year, with juice consumption skyrocketing at annual growth rates of 43%: two times the rate of their Latin American counterparts. Over the course of six years, Disfruta has taken advantage of this opportunity to launch 30 locations and aims to double its revenues by 2017.

Entrepreneurs: Alvaro Diaz & Martin Olano

Company: Pulso Salud

Pulso Salud is breathing new life into the healthcare industry. Occupational health laws are a growing trend in Latin America that are mandating employers to protect their workers from hazards to safety and health, such as exposure to toxic chemicals, excessive noise levels, or unsanitary conditions. In Peru, these legal mandates impose a particular challenge because of the inadequate state of the healthcare infrastructure. Pulso Salud tackles this healthcare deficit by providing medical exams to workers that ensure companies are in compliance with legal requirements. With four million individuals working in the formal economy, the market for Pulso Salud’s services is $400 million in Peru alone. Having already established two medical centers in Arequipa and one in Lima, Pulso Salud seeks to use its existing traction to expand its footprint domestically.

SPAIN

Entrepreneur: Sira Perez de la Coba

Company: Shot & Shop

Shot & Shop founder and CEO Sira Pérez de la Coba has invented the first image recognition and retrieval technology able to identify accurate visual matches in real-time, without having previously seen the image, pattern, or verbal tag. Shot & Shop’s proprietary technology has a host of commercial applications. In its first application, retail brands and digital advertisers are using Shot & Shop to better understand consumer preferences and improve the relevance and efficacy of targeted marketing, which drives online sales. The technology is especially equipped for real-time digital ad bidding, and is the only visual search technology able to make real-time digital ad recommendations based on a publisher’s visual content.

TURKEY

Entrepreneur: Cenk Soyak

Company: AloTech

For AloTech customers, the days of the phone operator are numbered. When Cenk Soyak founded the company in Turkey, local contact center solutions were extremely expensive and international players had not yet entered the market. Cenk built AloTech not only as a local and affordable contact center solution but also one that was technologically forward thinking, providing its services via the cloud. AloTech offers cloud-based and “pay-as-you-go” call center solutions, as opposed to traditional, on-premise, high cap-ex call center solutions.  By eliminating hardware, software, and maintenance costs and offering flexibility and ease of use, AloTech offers significant advantages over its competitors.

URUGUAY

Entrepreneur: Rafael Atijas

Company: Loog Guitars

Loog Guitars designs and sells three-string guitars for children that simplify the playing process without losing the quality experience. Loog’s customers assemble their own customized guitars. The experience of building the guitar instills in the child a sense of accomplishment and ownership, while allowing parents to share their appreciation for music and create memories with their kids.

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Endeavor Miami’s final night celebration featured top members of the network

2014 Global Entrepreneurship Summit in Morocco Spotlights the Endeavor Network

GES2014The 5th Annual Global Entrepreneurship Summit took place in Marrakech, Morocco this year, serving as one of the world’s largest celebrations of entrepreneurs who bring ideas to life by creating enterprises, driving economic growth and expanding human welfare. The event attracted over 3,000 participants to Morocco, including top entrepreneurs, high-level government officials, corporate leaders, students, and innovators from all over the world. The event was supported by Endeavor Morocco and featured key members of the local network.

As a knowledge partner of the GES, Endeavor Morocco produced a learning track on “Scale-Up Experiences” during which high-impact entrepreneurs shared stories of the challenges they faced while scaling their companies and multiplying their impact. Rhett Morris, Director of Endeavor Insight, also participated in a plenary session on “transforming the speed and scale of entrepreneurship” and presented the preliminary results of a research initiative on Casablanca’s entrepreneurship ecosystem. Watch Rhett’s address below.

Endeavor Entrepreneur Youssef Chaqor, founder of Kilimanjaro, had the opportunity to meet and participate in a roundtable discussion with U.S. Vice President Joe Biden. Youssef was cited by the U.S. Administrator for small businesses, Maria Contreras-Sweet, during the GES closing speech and was highlighted as an inspiring high-impact entrepreneur who is helping to support the next generation of entrepreneurs.

“Youssef pioneered a method to transform waste into energy by recycling used cooking oil into biofuel that reduces carbon emission by 70% compared to petroleum,” said Contreras-Sweet in her speech. “It’s an amazing advancement in science, but that’s not where Youssef’s story ends. Youssef is now creating a network of young entrepreneurs in charge of collecting oil from households to help improve the air that we breath. By 2020, Youssef hopes to create thousands of new jobs through this collection program. One entrepreneurs’ work holds the potential to create thousands of micro-entrepreneurs. You don’t have to be a brilliant scientist to change the world. We all have a role to play.” Watch the full speech below.

Endeavor Morocco was also present in the Innovation Village, where the team organized a booth to present the organization’s model and impact both in Morocco and on a global scale.

View video recaps of the entire Summit by clicking here.

Endeavor Celebrates Global Entrepreneurship Week Around the World; Focuses on the Impact of Scale-Ups

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Global Entrepreneurship Week (GEW) 2014 took place from November 17th – 23rd with a number of activities in celebration of the innovators and leaders that are transforming economies and promoting ecosystems of entrepreneurship worldwide. This year, more than a dozen Endeavor offices around the world hosted events during the week, joining 150 countries and more than 25,000 global activities and competitions. Each November, GEW works with supporting organizations to foster opportunities for collaboration, discussion and inspiration.

On social media, Endeavor Twitter handles globally participated in a campaign focused on the impact of scale-ups and their impact on economies and job creation. This campaign took the form of visuals highlighting the numbers of jobs created by Endeavor Entrepreneurs in all 20 of the markets the organization operates in, from Argentina to South Africa. In addition, Endeavor hosted a Twitter conversation with top entrepreneurship influencers focused on the #ScaleUpImpact of high-growth entrepreneurial ventures, inspired by The Global Scale Up Declaration. View highlights from the chat by clicking here.

 

Below are highlights of Endeavor’s GEW activities in a selection of countries where the organization has an established or growing presence.

Argentina

Endeavor Argentina organized an Experiencia Endeavor event in the city of Mendoza to highlight the development of the local entrepreneurial ecosystem, promoting Endeavor’s mission and entrepreneurs’ success stories. Endeavor Argentina also announced the expansion of its offices to Patagonia and Mendoza, both of which will be operating by 2015.

Brazil

In addition to leading the movement in Brazil by mobilizing partners, defining the national campaign and organizing key activities, Endeavor Brazil hosted  eight official “opening” events across its local offices. All of these events explored the theme of this year’s national campaign under the brand “Don’t Let Any Obstacle Be Greater Than Your Dream”, which brought together experts and entrepreneurs to discuss the challenges facing local ecosystems. Endeavor Brazil also participated in events organized by its partners, including a discussion on legislation related to entrepreneurial education hosted by the Chamber of Deputies and a competition for the best education initiatives conceived by the GEW National Board.

Brazil

Endeavor Brazil MD Juliano Seabra spoke at a national GEW event

Chile

Endeavor Chile promoted and hosted several large scale events across the country, including Endeavor Experiencia Patagonia which was one of the largest national events put on during GEW. Experiencias are high-impact events hosted by Latin American offices which seek to contribute to the development of local entrepreneurial ecosystems through workshops, presentations, discussions and more. Startup Day Chile closed GEW week with support from Endeavor Chile. Startup Day  is an event series of lectures and conferences for entrepreneurs with the goal of motivating and inspiring the 300 participants. Several GEW Chile program events took place all around the country, including a celebration of Women’s Entrepreneurship Day – it was the the first “Girls in Tech” event in Viña del Mar that aimed to kickstart a local community of women in technology.

Colombia

Endeavor Colombia was a major player in its local GEW events, helping to support a marked increase in participation nationwide – nearly 100,000 people attended Colombian events this year compared to only 2,200 in 2012. More than 420 activities were held throughout the country and Colombia stood out for its proactive and innovative initiatives. In Latin America, Colombia was recognized for organizing the most events and placed fifth globally behind the UK, the U.S., Algeria and Canada.

Egypt

Endeavor Egypt worked closely with the U.S. Middle East Partnership Initiative (MEPI) and the Embassy of the United States in Cairo to organize a half-day event titled “Entrepreneurship: From Start Up to Scale Up”. The event took place on November 19th during Women’s Entrepreneurship Day and all the talks and presentations were given by influential women in the entrepreneurship ecosystem. Endeavor Egypt Managing Director Heba Gamal gave the keynote speech, addressing Endeavor’s role in the ecosystem as well as the Endeavor multiplier effect.

Jordan

For the fourth year, Endeavor Jordan partnered with INJAZ, a non-profit youth organization, to host an educational event for INJAZ students during GEW. This year, Endeavor Entrepreneur company The Online Project led a two-hour workshop on “Social Media for Start-Ups: How to Accelerate Your Business”. The workshop was held at INJAZ’s headquarters and attended by students from the Company Start-Up Program (part of INJAZ’s Entrepreneurship and Employment unit). Participants received a comprehensive introduction on the value of social media for marketing their businesses, as well as tips and advice on effectively promoting new products and services online.

Jordan

Endeavor Jordan hosted a workshop focused on social media

Lebanon

As part of GEW in Lebanon, dozens of SMEs and industry leaders gathered on November 19th at Beirut Digital District (BDD) for IGNITE, a first-of-its-kind event where entrepreneurs pitched their products and discussed commercial deals with C-suite representatives from large corporations. Organized by Endeavor Lebanon and Beirut Digital District, the event united suppliers and buyers from the best Lebanese startups and leading companies in the real estate and finance sectors. Through a series of 15-minute discussions with each of the participating corporations, every attending entrepreneur got the chance to showcase their products and hear honest expert feedback, in a speed dating format. The entrepreneurs’ one-on-one meetings with decision makers and industry veterans offered much-needed market feedback on the proposed products. The speed dating sessions were followed by a networking event.

Peru

Endeavor Peru showed its support for various organizations that propel the regional ecosystem by being a part of a number of GEW events. The team was also involved in a number of conferences about entrepreneurship, including Start-Up APEC, an event that promotes innovative businesses and entrepreneurship in Asian-Pacific economies. Endeavor Peru was also represented at an entrepreneurship conference in Universidad San Ignacio de Loyol and as a judge in a business project competition at IPAE School of Business.

Kingdom of Saudi Arabia

Endeavor KSA participated in a number of GEW activities across the country. For the first time in Gizan, Endeavor KSA joined the First Innovation and Entrepreneurship Forum, which was attended by students, entrepreneurs and entrepreneurship-supporting organizations. Endeavor KSA Managing Director Rakan Al Eidi and Endeavor KSA entrepreneur Loai Neseem, founder of Lomar, got on stage and shared their stories and the impact of Endeavor to inspire youth in the region. The Asharqia Young Businessmen Council in the eastern side of the Kingdom organized its GEW event at the Asharqia Chamber hosting Rakan and Naif Alqahtani, LSS founder, to discuss the impact of Endeavor. Outside of the country, entrepreneur Lateefa Alwaalan, founder of Yatooq, joined the fifth Global Entrepreneurship Summit in Morocco, which highlighted the impact of technology on modern entrepreneurship. Lateefa served on a panel about promoting women’s entrepreneurship along with other recognized female entrepreneurs.

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The Global Entrepreneurship Summit in Morocco featured entrepreneurs from Endeavor KSA

South Africa

Endeavor South Africa hosted one GEW event at the Johannesburg office. The guest speaker was Jenali Skuse, Employer Branding Consultant at Universum, who addressed a gathering of over a dozen people in this closed event. Skuse highlighted the importance of attracting and retaining the best talent as a key determinant of business success. She also delivered an informative and inspirational session on the basics of employer branding, talent attraction and retention. This was followed by a breakfast and an opportunity to network. In addition, Endeavor South Africa supported over 120 regional activities.

Spain

Endeavor Spain Managing Director Adrian Garcia-Aranyos spoke at a GEW event with thought leaders like Jerome Engel and Pedro Nueno, where the board of GEW gave an elevator pitch on the challenges of entrepreneurship. Endeavor Spain also took part in an ANDE (Aspen Institute) event on entrepreneurship in the Mediterranean region.

Turkey

Endeavor Turkey’s reach during GEW has expanded to 252 events with 239 partners in 48 cities. The office created a movie screening roadshow for the Alibaba.com movie ‘Crocodile in the Yangtze’, with the VIP attendance of the movie director and former Alibaba VP Porter Erisman. It was screened in seven universities in two cities (Istanbul & Ankara) and  at two VIP events, one of which was an annual signature event titled the Good Initiative Summit. Endeavor Turkey also partnered with the Istanbul Stock Exchange for the third year for the opening ceremony of GEW Turkey. They formally launched their new Private Market Platform in this kickoff event. With more than 200 attendees, Endeavor Turkey Managing Director Didem Altop curated an investors panel, where Turkey’s investment environment was spotlighted.

Uruguay

Endeavor Uruguay participated in 21 events hosted by 15 organizations across the country with over 4,300 attendees. The office also hosted an Experiencia event with over 200 participants focused on the importance of mentorship for entrepreneurs. A “Mas Emprendedoras” seminar convened female entrepreneurs from across the region, bringing together over 350 women to listen to the stories of key female Endeavor Entrepreneurs in the network. Endeavor Uruguay also supported a number of competitions, incubators, presentations and events providing advice to entrepreneurs and forums for discussion.

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Endeavor Uruguay hosted an event for female entrepreneurs

Endeavor Investor Network’s Mexico Venture Forum Gathers 140+ Investors and Entrepreneurs in Monterrey

Investor network LogoOn November 19th and 20th, Endeavor Global and Endeavor Mexico hosted the final Investor Network Event of 2014 in Monterrey, Mexico. The event gathered leading US and Mexican venture investors as well as Endeavor Entrepreneurs and candidate companies from Mexico, Argentina, Colombia, Peru. In total, over 140 participants attended the two day event.

The event kicked off with a keynote presentation by Manuel J. Molano from the Mexican Institute for Competitiveness (IMCO), who gave an overview of Mexico’s macroeconomic outlook over the next few years.  This was followed by an “investor-only” roundtable discussion, featuring Hernan Fernandez (Angel Ventures Mexico) & Rogelio de Los Santos (Alta Ventures), focused on the challenges and opportunities to building a sustainable venture ecosystem in Mexico. Simultaneous to this session, Endeavor Mentor David Frazee led a workshop for Endeavor Entrepreneurs on best practices in raising venture capital.

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Participants of the 2014 Mexico Venture Forum in Monterrey

A subsequent panel moderated by Kristen Durham (Silicon Valley Bank) highlighted the role of corporate venture groups and corporate acquirers in Mexico’s ecosystem.  The session featured representatives from leading corporates active in Mexico including Jose Antonio Fernandez (FEMSA), Rodrigo Gutierrez (Payback Mexico/American Express), and John Hyland (Assured Labor/Monster.com).  During the afternoon, over 240 formal speed-networking connections were made during two rounds of one-on-one networking between Endeavor Entrepreneurs and Investor Network Members.

Day two of the event brought together key players from the broader Mexican ecosystem including local family offices and accelerator companies. During the breakfast sessions, global investors had an opportunity to connect with local venture capital firms and family offices while Endeavor Entrepreneurs had a chance to network with accelerator companies from Monterrey.

The morning consisted of two sessions. In the first, global investors David Frazee (Richmond Global), Martin Gedalin (Lumia Capital) & Nazar Yasin (Rise Capital) gave “TED-style” talks highlighting their firms’ approach toward investing and why they want to do business in Mexico. In the session that followed, Arturo Galvan (Naranya), Toby Clarence-Smith (Petsy), Manolo Diaz (Yogome) and Antonio Diaz (Provive) took to the stage to discuss the new innovations and opportunities present in their verticals.

The afternoon consisted of seven different breakout sessions (organized by vertical) that investors could choose to attend depending on their interest. Each session featured 6-7 entrepreneurs from a specific vertical (e.g. mobile, platforms, ed-tech/health-tech, traditional industries, social impact, etc.).

View the event booklet here for a list of all of the entrepreneurs and investors in attendance and learn more about the Endeavor Investor Network by clicking here.

Endeavor Hosts Retail, Food & Beverage Tour for Endeavor Entrepreneurs, Features Presentations from Top Industry Brands

retailfnbEndeavor hosted a Retail, Food & Beverage Industry Tour for select entrepreneurs in its network, providing them with a rare look into the operations of  some top global brands in each industry. The two-day tour included a mix of presentations, networking events and site visits, where executives and experts from a variety of fields provided insights into their businesses.

The tour kicked off at the Endeavor Global offices in New York City with presentations from executives from Goode Partners, Red Antler, Silas Capital, General Atlantic, and Barclays. The morning sessions focused on topics ranging from financing growth to branding to startup strategies. Next, the tour was divided into two segments, one aimed at Retail and the other at Food & Beverage. The Retail track brought entrepreneurs on a tour with Design Within Reach, a luxury home goods and furniture brand, which highlighted the company’s digital transformation. They then moved on to a site visit to e-commerce giant Gilt, which discussed recruitment, customer service and more with the participants. The Food & Beverage track featured presentations from OLO, a digital food ordering provider, and a site visit to Craft Restaurants Group. The visit to Craft allowed participants to learn about expansion strategies and tour the company’s facilities.

The final day of the tour brought all of the participants on a walk through of the rapidly growing retail chain Eataly, which focuses on food and cooking goods. Participants then split into Retail and Food & Beverage tracks again, with the Retail segment meeting with Cipriani Accessories and moving on to visit the offices of international luxury brand Tory Burch, who spoke to the group in-person on growing a billion-dollar business. The Food & Beverage segment met with representatives from NYC-based fast-casual restaurant chain Dig Inn and discussed customer loyalty strategies with FanXchange, an online re-seller of event tickets.

See social media highlights from the tour below.

Endeavor Insight and the Partnership for New York City Release “The Power of Entrepreneur Networks” Study of Nearly 700 Industry Trailblazers

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Endeavor, with support from The Partnership for New York City and Barclays, released a report titled, “The Power of Entrepreneur Networks: How New York City Became the Role Model for Other Urban Tech Hubs” which identifies how founders who reinvest their success into others have greatly accelerated New York City’s tech growth.

“Endeavor has produced the first comprehensive analysis of the entrepreneurial ecosystem that has built Silicon Alley into a global center of innovation,” stated Kathryn Wylde, President & CEO of the Partnership for New York City.

“As companies become more successful, their founders are more likely to mentor, angel invest and become serial entrepreneurs. Companies that are connected to a top-performing company are twice as likely to become top-performers themselves,” said Fernando Fabre, President of Endeavor. “It’s a worldwide pattern that is an important building block for entrepreneurship.”

Over the past year, Endeavor conducted nearly 700 interviews with NYC tech entrepreneurs, combing through combined data from AngelList, Crunchbase and LinkedIn, with the aim of identifying lessons that leaders in other cities could use to support the growth of their own tech sectors. The study indicates that within the City’s tech sector, between 2003 and 2013: more than 2,200 companies were founded; there were 336 IPOs and acquisitions; $14.2 billion in investments and $18.1 billion in startup exits.

Key takeaways:

– New York City is the best role model for other urban tech hubs. It is the second largest tech hub in the world by most measures and the fastest growing over the last decade.
– Data from over 2,500 companies show that top-performing tech entrepreneurs are more likely than their peers to start new companies, encourage their employees to do the same, mentor, angel invest and inspire other entrepreneurs.
– Data from New York City’s tech sector debunks several common startup myths. For instance, the average NYC tech founder is thirty one years old and is more likely to have studied a non-technical subject in college than a technical one.

Highlights:

– Between 2003 and 2013, the New York City tech sector has grown twice as fast in terms of dollars invested as Silicon Valley’s, with its companies raising more than $3.1 billion in funding in 2013.
– Between 2010 and 2013, the number of New York City tech employees grew by more than 26% annually. Based on 2013 tax rates and a $100,000 average salary, the City could add nearly $160 million annually in new tech employee income tax receipts by 2019 and over $500 million by 2024.
– Tech companies led by local entrepreneurs directly employ 53,000 people, over 1% of New York City’s workforce.
– Venture funding for tech companies in New York City increased by 240% from 2003 to 2013, and more than 85% of the sector’s current companies and 86% of its current jobs were created during this time.

The report has also received media coverage in outlets including The AtlanticAM New York, NY Business Journal, The Huffington Post and Crain’s. Read the full report at www.nyctechmap.com and below.

 

2014 Endeavor Gala Honoring The Abraaj Group’s Arif M. Naqvi Brings Together 400+ Members of the Global Network

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On Friday, November 7, 2014, the Endeavor Gala brought together over 400 entrepreneurs, business leaders, Endeavor Board members and supporters in New York City to celebrate the power of Endeavor’s network. As Endeavor’s only annual fundraising event, the Gala is held in support of the organization’s mission to select, support and scale high-impact entrepreneurs in markets worldwide.

This year, the number of attendees included 18 Endeavor Entrepreneurs from seven countries and over 40 Endeavor board members from 15 countries, representing a total of 16 Endeavor affiliates. The event highlighted the power of Endeavor to transform global economies, with a particular focus on the connections made between cities, countries and regions. Endeavor now operates in 22 markets around the world with a goal of expanding to 25 countries by 2015.

The Gala honored Arif M. Naqvi  – founder and Group Chief Executive of The Abraaj Group – as the 2014 High-Impact Entrepreneur of the Year. A visionary entrepreneur, Mr. Naqvi founded The Abraaj Group in 2002. The firm has since emerged as a leading investor in growth markets with US$ 7.5 billion in assets under management. Employing over 300 people, the Group has 25 country offices spread across six regional hubs in Dubai, Istanbul, Mexico City, Mumbai, Nairobi and Singapore. Mr. Naqvi and The Abraaj Group have developed an important partnership with Endeavor over the past four years, supporting dozens of entrepreneurs and playing a critical role in Endeavor’s affiliate expansion throughout the Middle East, North Africa and Southeast Asia.

During the event, Endeavor co-founder and CEO Linda Rottenberg and Global Board Chairman Edgar Bronfman, Jr. addressed the growth of the organization over the past 17 years and the high-impact entrepreneurs that have become inspirations across the network, from Argentina to Saudi Arabia. This year’s gala video featured one such success story, following the journey of Argentine entrepreneur company Globant from the team’s selection in 2005 to their IPO on the NYSE in 2014.

“The road is long, lonely and full of potholes,” Rottenberg said in her address. “Endeavor is where dreamers and do-ers come to get unstuck.”

Mr. Naqvi then took the stage to discuss the importance of supporting leaders and visionaries in growing markets, where a young generation of entrepreneurs are shaping the  global economy.

“I’ve grown up in growth markets and I’ve had the privilege of building my business in those markets – in economies that are being heralded all around the world as the drivers of global growth,” Mr. Naqvi said in his speech. “All of these changes are driven by young, aspiring business leaders that inhabit these worlds…these people are the ones that will change the world of tomorrow.”

The program ended with a performance by Atlantic Records recording artist Max Frost. After dinner, attendees enjoyed the annual after-party with special guest DJ Hannah Bronfman.

View social media highlights from the event below, watch all of the speeches on Endeavor’s YouTube channel, and see photographs from the night on Endeavor’s Facebook.

 

A special thanks goes to Sarah Merians Photography & Video for capturing the celebrations.
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Colombia’s Bodytech Named EY Entrepreneur of the Year in Colombia

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Nicolas Loaiza Galeano and Gigliola Aycardi Batista, Colombian entrepreneurs and founders of Bodytech, were recently named EY Entrepreneurs of the Year in Colombia, recognizing the company’s innovative business model and impact on the region’s economy. The chain of health and fitness centers has grown to include locations in Chile and Peru and currently employs over 3,500 people.

 

Based in Bogotá, Bodytech  recently announced plans for expansion in five Latin American countries as the business prepares to become a publicly listed company. By integrating health and fitness services, BodyTech is more than just a gym – the health club has grown to offer multiple solutions in the medical arena as well. After realizing the potential in Latin America’s health sector to create a tailored chain of clubs, the pair took a risk on the idea and turned their graduate school thesis into Bodytech.
 
Now with 58 Colombian locations spanning major metropolitan areas including Bogota, Medellin and Cartagena, Bodytech also maintains 39 locations in Chile and 10 in Peru and is looking to enter Ecuador, Costa Rica and Panama by 2015. Projecting to grow to over 200,000 members and 150 fitness centers in the next few years, the company has also set its sights on revenue goals of $150 million as it builds upon its membership.

 

EY, an Endeavor global partner, has been hosting the EoY Program for over two decades, expanding it to more than 50 countries with awards presented annually to over 900 of the world’s most successful and innovative entrepreneurs.

With access to the right resources, Nicolas and Gigliola are a testament to the high-impact potential of emerging market entrepreneurs and have been active members of the Endeavor network since their selection in 2007. The team has received expert advice and support from Endeavor’s eMBA, G-Lab and ECLA programs, with specific guidance given on the strategic planning and execution of the brand’s fitness training institutions.

Read more about Bodytech’s EY honor in El Tiempo.

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Gigliola and Nicolas at the EY EoY Awards event

Mexico’s Jorge Soto Discusses the Future of Cancer Detection in TED Global 2014 Talk

miroculus_webMexican entrepreneur Jorge Soto, co-founder of Citivox and Miroculus, gave a talk at TED Global 2014 this month about the future of medical technology and cancer detection. Miroculus, his second venture, aims to disrupt the medical device industry with a unique testing product that can detect and monitor diseases while providing real-time analytics.

Along with a crew of technologists and scientists, Jorge – who serves as the company’s CTO – saw an opportunity to develop a simple, noninvasive, open-source test that looks for early signs of multiple forms of cancer. Onstage at TED Global 2014, he demonstrated a working prototype of the mobile platform for the first time. Drawing on personal experience with cancer in his family, and frustrated with the inefficiencies of diagnosis in the medical system, he and his team knew that they could find a reliable and accurate way to leverage blood samples and molecular analysis for detection. Demonstrating the potential for innovation in emerging markets – the founding team hails from Chile, Panama, Mexico, Israel and Greece – Mirocolus taps into a global need for accessible medical technology.

Selected in 2011 along with Citivox co-founder Oscar Salazar, the pair’s original venture used mobile and crowd-sourcing technology to build and enhance the relationship between citizens and the government. With Citivox, Endeavor helped the team connect with industry experts and key investors through the Endeavor Investor Network. Jorge, who has also given back to Endeavor through donations, continues to receive support from the organization as Miroculus works to scale its offering.

Watch Jorge’s TED Talk below.

Argentina’s Satellogic Featured at Wired UK Conference; Highlights the Potential of the Space Industry

satellogicArgentina’s Emiliano Kargieman, an Endeavor Entrepreneur selected at the 54th Endeavor ISP, recently spoke at the WIRED2014 conference about transforming the space industry with his company Satellogic. Seeking to make space accessible to all, Emiliano’s venture is working to produce and launch cost efficient satellites for research, exploration, mapping and more.

Also a WIRED Innovation Fellow, Emiliano has already launched three satellites at a fraction of the cost of traditional ones, with plans to launch more than a dozen in the next year. Satellogic could democratize access to space-based services by dramatically reducing the barriers to obtain real-time satellite data, aiming to eventually create a vast network of these nano-satellites  that can revolutionize daily life. Because Satellogic’s systems are so much quicker to build and significantly more affordable, they have the opportunity to cover every point on Earth, providing live hi-res imaging of the entire world.

“We’re at a tipping point in technology where we have the tools and the knowledge for anyone to build things and send them into space,” Emiliano said at the conference. “It’s the new Wild West.”

Inspired by the idea of “hacking”, Emiliano saw an opportunity to drive technological revolution in a multi-billion dollar industry. With a formal background in mathematics and philosophy, he spent the last two decades as a serial technology entrepreneur and innovator. He founded his first company at age 15; later he co-founded Core Security, developing pioneering work in the software sector.

Since his selection by Endeavor in 2014, Emiliano and his team have been set up with a local advisory board of Endeavor mentors who will help them refine their business model and continue to scale the company’s offerings.

Read more about Emiliano’s participation at the conference by clicking here.

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Emiliano speaking at the WIRED2014 event

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