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Three Keynote Speakers Announced for the 2015 Endeavor Entrepreneur Retreat

2015 RetreatThe invite-only 2015 Endeavor Entrepreneur Retreat will take place May 6-8 in Westchester, NY. Three top-tier keynote speakers have been confirmed for the event:

Kenneth I. Chenault is Chairman and CEO of the American Express Company. He joined in 1981 as Director of Strategic Planning and served subsequently in a number of senior positions until his appointment as CEO in 2001.

Seth Godin is the author of 18 bestselling books, the creator of one of the most popular blogs in the world, and a frequent entrepreneur.

Daniel Lubetzky is a pioneering social entrepreneur and CEO and Founder of KIND Healthy Snacks and the KIND Movement. He is also founder of PeaceWorks Inc. and co-founder of Maiyet. His book, “Do the KIND Thing: Think Boundlessly, Work Purposefully, Live Passionately,” is available now for pre-sale and will be released March 31, 2015.

Participants of the Retreat will be able to hear from leading corporate figures, entrepreneurial stars of the NY tech scene, and business thought leaders from top US universities and the media. The Retreat will include industry-specific breakouts led by Endeavor Entrepreneurs and challenge/trend-focused workshops from some of Endeavor’s best Global mentors. There will also be a significant amount of networking time with  entrepreneurs and other members of Endeavor’s global community.

In addition to the Retreat, an Investor Network event will take place in NYC on Tuesday, May 5. Endeavor will also host a series of first-come, first-serve company tours on the morning of the 6th prior to the Summit to Google, IBM and other corporates in the New York Metro area.

Early bird registration rates have been extended through March 20, 2015. Register now by CLICKING HERE.

(Please note that this year’s registration price includes 2 nights accommodation in a double room at the Doral Arrowwood conference center and all meals during the conference.)

Endeavor Indonesia Celebrates the Power of High-Impact Entrepreneurship with Scale-Up 2.0 Conference

Indonesia logoEndeavor Indonesia hosted a Scale-Up 2.0 Conference on Tuesday, February 3rd that brought together entrepreneurs and industry experts for a day-long event to address challenges to the region’s entrepreneurship ecosystem. In conjunction with an annual gala celebration and the Endeavor Investor Network trek, the events brought together nearly 500 network members, including 10 Endeavor Entrepreneurs, 18 mentors and more than 30 investors.

The Scale-Up 2.0 Conference was designed for growth-stage entrepreneurs to gather insight on the tools that could help them tackle some of the major challenges to scaling up. Participants had the opportunity to mingle with leading investors from Indonesia, Southeast Asia and Silicon Valley, who were keen to learn and collaborate with local entrepreneurs. Under the scale-up theme, the event included international and local speakers discussing comprehensive topics focused on everything from talent retention to employee culture to investment basics. Notable speakers and presenters included Chris Zook (Bain & Company); Raoul Oberman (McKinsey & Company); Peng T. Ong (Monk’s Hill Ventures); Khailee Ng (500 Startups); and Prashant Gokarn (PT Indosat Tbk).

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A panel discussion during the Scale Up Indonesia event

“This year marks the third anniversary of Endeavor in Indonesia. We are proud to be the first Endeavor office to open in Asia and be a pioneer in the space of high-impact entrepreneurship,” said Husodo Angkosubroto, Endeavor Indonesia Board Chairman. “In Indonesia, there are only a handful of entrepreneurs who have scaled up to propel exceptional growth in their companies and become role models. We need more local role models to look up to. Through mentoring and a supportive ecosystem, Endeavor allows for such scale-ups to happen.”

“It has been exciting to see how our young network has grown over the last few years. Endeavor Indonesia now supports 17 entrepreneurs from 15 companies in areas including F&B, retail, finance, technology, and more,” said Sati Rasuanto, Managing Director of Endeavor Indonesia. “By holding Scale-Up Indonesia, we hope to expand the companies we support and also create more awareness of Indonesian entrepreneurs.”

In addition to the Scale-Up 2.0 Conference, Endeavor held its second annual Endeavor Gala Dinner on February 3rd. The gala gathered over 280 entrepreneurs, business leaders, and other key influencers in the Indonesian entrepreneurship ecosystem. The conference was made possible through the support of BCA, Indonesia’s largest private bank.

Learn more on Endeavor Indonesia’s blog by clicking here.

Endeavor Investor Network Hosts Inaugural Investor Trek in Southeast Asia

Investor network LogoThe Endeavor Investor Network hosted its inaugural Southeast Asia Investor Trek in Jakarta and Singapore earlier this month (February 2nd-4th). The aim of the trek was to introduce global investors to the venture and entrepreneurship ecosystem of the region. The group spent three days in Jakarta and Singapore meeting with policy makers, business leaders, investors, and Endeavor companies.

The high-profile delegation was comprised of managing directors from leading global venture funds, including Amadeus Capital, DMGT International, Frontier Investments Group, GSV Asset Management, Intel Capital, Omidyar Network, Richmond Global, Rise Capital, Unitus Impact, and Wavemaker Partners, among others. Each of the event’s sessions were tailored to highlight policies favorable to investments, understand the complexities of the region, and (with its complexities in mind) establish the right relationships to navigate investment in regional companies.

In Jakarta, the delegates spent an entire day meeting some of Endeavor Indonesia’s best portfolio companies including The Goods Department, a multi-label retail store and restaurant line; Kartuku, the first company in Indonesia to successfully integrate the country’s major banks and several large retailers into a fully supported payment network; and Ruma the largest mobile payment agenda network in Indonesia.

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A site visit to entrepreneur company Kartuku

On the final day of the trek, the group traveled to Singapore for an afternoon of conversations with Southeast Asia’s venture ecosystem, including Singapore-based investors Vinnie Lauria (Golden Gate Ventures), Yinglan Tan (Sequoia Capital), Peng T. Ong (Monk’s Hill Ventures), and Garyn Ang (Temasek). Active regional offices and Endeavor Board members, including Mark Chang (Endeavor Malaysia) of Jobstreet and Gabby Lopez III (Endeavor Philippines) of ABS-CBN, also participated.

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The investor roundtable in Singapore

The event was a tremendous success and left participants interested in deepening relationships with Endeavor Entrepreneurs and Endeavor affiliate offices operating in the region.

View the event booklet here for a full agenda and list of participants. To learn more about upcoming Investor Network events, click here.

Endeavor Catalyst Managing Director Allen Taylor to Speak at 2015 Global Innovation Summit

GIS+W_Logo_REV (3)The Global Innovation Summit (www.innosummit.com) on February 17-19, 2015 is a conference in Silicon Valley on how to foster the growth of innovation ecosystems to drive entrepreneurship, technology, and economic impact. The event seeks to catalyze systemic, sustainable innovation across organizations, communities, and countries. Last year’s Summit brought together over 450 innovators from 50 countries, representing governments, corporations, venture capital, NGOs, startups, and academia.  The Global Innovation Summit is the centerpiece of Global Innovation Week, which features multiple events and activities throughout the region. The weeklong affair was organized by T2 Venture Creation, a Silicon Valley venture firm and ecosystem design studio.

Endeavor VP of Global Network and Endeavor Catalyst Managing Director Allen Taylor will be moderating a panel on investments in emerging ecosystems. Read a description of the panel below.

Catching Waves: Investing in Emerging Ecosystems

How can startup investing succeed in emerging ecosystems? Venture capital is already difficult in established places like Silicon Valley, but it becomes even more difficult when the ecosystem is still maturing.  Here, we’ll explore how early-stage investments are made around the world. Whether it’s microlending in Africa, venture capital in Asia and Latin America, or angel investors in urban America, investors must understand the dynamics of their ecosystems in order to succeed.  What are the common patterns to the common challenges? We’ll hear from some of the most innovative early-stage investment organizations in the world, learn what they look for, see what they see, and get a peek into ecosystems that are on the rise.

- Moderator: Allen Taylor (VP, Global Network, Endeavor Global)

- Paul Breloff (Managing Director, Accion Venture Lab)

- Jessica Loman (Director of Operations and Impact, Toniic)

- Walid Bakr (Director, The Abraaj Group)

Learn more about the Summit, including registration information, by clicking here.

Save the Date and Register for 2015 Endeavor Entrepreneur Retreat, May 6–8, 2015

2015 Retreat

Register today for the 2015 Endeavor Entrepreneur Retreat! From Wednesday, May 6 – Friday, May 8, 2015, the Endeavor network will convene in Westchester County, New York – home to Fortune 500 companies including PepsiCo and IBM- for an invitation-only conference.

The 2015 Retreat will be similar in format to Endeavor’s 2011 & 2013 Summits, but will have a greater emphasis on peer-to-peer learning. Attendees can expect top-tier keynote speakers, site visits to local companies, industry breakouts, and intensive workshops around everything from human capital to operations.

In addition to the Retreat, Investor Network event in NYC on Tuesday, May 5. Endeavor will also host a series of first-come, first-serve company tours on the morning of the 6th prior to the Summit to Google, IBM and other corporates in the New York Metro area. To sign up and learn more, click on the Retreat registration site.

Endeavor will provide transportation to Westchester from Manhattan on Wednesday morning for those attendees who sign up in advance. Transportation back to Manhattan will be provided- again on a sign-up basis- on Friday afternoon, when formal Retreat activities will end.

Register before March 1st to take advantage of Early Bird rates! Please note that this year’s registration price includes 2 nights accommodation in a double room at the Doral Arrowwood conference center and all meals during the conference.

 

Endeavor Lebanon Co-Hosts Global Lebanese Entrepreneurs and Investors Summit in Beirut

Endeavor Lebanon and the Lebanese International Finance Executives (LIFE) held the Global Lebanese Entrepreneurs and Investors Summit, a meeting that brought together over 300 Lebanese investors, business executives and local entrepreneurs. The goal of the Summit was to create a dialogue between Lebanon’s local and global stakeholders and position the country as a prime market for investment. Select Endeavor Entrepreneurs from the local network also attended the event to share their high-impact stories.

Hosted in Beirut, the day-long event showcased the evolution and high-growth potential of Lebanon’s entrepreneurial ecosystem. Hundreds of high net-worth, venture capital and growth equity investors attended the Summit from major financial centers including New York, London, Paris, Geneva, Singapore and Dubai. Comprised mainly of Lebanese ex-patriates, the participants explored investment opportunities in businesses built by a young generation of local entrepreneurs in a variety of sectors. Panel discussions throughout the day highlighted the investment potential in the thriving Lebanese technology and design industries, as well as the importance of attracting and retaining human capital.

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A panel discussion during the Summit

“Lebanon boasts a vibrant scene of entrepreneurial talent and SMEs with great potential to grow, but this potential remains capped due to lack of access to capital and international markets. This summit, organized with our partners LIFE, has given birth to an investor network that specifically strengthens that weak link and creates the missing connections,” said Tarek Sadi, Managing Director of Endeavor Lebanon. “Hundreds of people are here today because they truly care to revive the country’s economy and help it grow.”

In his keynote speech, H.E. Mr. Riad Salame, Governor of Lebanon’s Central Bank, announced plans to license a stock exchange that would list SMEs and family-owned businesses and to facilitate exit strategies for Lebanese entrepreneurs. This follows a series of several important initiatives undertaken by bank in the past two years to support local entrepreneurs.

A number of top Lebanese entrepreneurs, including many in the Endeavor network, attended the event – Labib Shalak, Jamil Corbani, Mohamad Arayssi and Nada Debs all shared their success stories, failures and insights on how they attracted capital despite the challenges and risks in the country.

Find out more about the event by clicking here.

Endeavor’s Linda Rottenberg Highlights the Inclusive Power of Entrepreneurship for WEF 2015

World-Economic-ForumAs part of the World Economic Forum’s annual gathering in Davos, Linda Rottenberg, Endeavor co-founder and CEO, published an article assessing the state of inclusive entrepreneurship worldwide. The article celebrates the role that Endeavor Entrepreneurs like Leila Velez from Beleza Natural and Lateefa Alwaalan from Yatooq have played in transforming economies and creating high-quality jobs in countries like Brazil and Saudi Arabia.

Endeavor’s role, for nearly 20 years, has been to build “an inclusive middle path, making high-impact entrepreneurship the foundation of prosperous societies worldwide,” Rottenberg writes. Endeavor Entrepreneurs like Leila and Lateefa have moved entrepreneurship into the realm of possibility for millions at society’s margins. Rottenberg, writing about the role of these transformative entrepreneurs, also highlights recent research from Endeavor Insight. As part of a study of New York City’s tech entrepreneurs, she discusses the impact that top-performers can have on the growth of local entrepreneurship ecosystems. In New York City, she notes that “top-performing entrepreneurs…[are] more than twice as likely to become top-performers themselves.” These dynamics, in turn have led to the fast growth of women-led companies in New York City, “just 42 in 2003 to 457 in 2013.” Supporting more than 1,000 entrepreneurs worldwide, Endeavor catalyzes a dynamic of reinvestment that can make entrepreneurship, and society at large, more inclusive.

Read Linda’s full piece for WEF by clicking here.

How entrepreneurship boosts inclusive growth – Agenda – The World Economic Forum

Endeavor Reaches Milestone of A Thousand Entrepreneurs Selected with Spain’s Shot & Shop and Miami’s Kairos

During the 56th International Selection Panel in Miami, FL, Endeavor officially marked the selection of a thousand entrepreneurs since 1997. During an intense day of deliberations by groups of expert panelists, two entrepreneurs simultaneously emerged as the thousandth entrepreneurs to be voted in unanimously during their panels. Spain’s Shot & Shop, founded by Sira Pérez de la Coba, and Miami’s Kairos, founded by Brian Brackeen, had the honor of being the milestone selections. Endeavor has now selected and supported 1,030 entrepreneurs from 651 companies across 22 countries.

Founded in 2012, 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 – Kairos’ 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. The system delivers fraud management and work automation solutions to clients through 3D facial recognition, one-to-many identification, anti-spoofing, mood detection, gender analysis, security and compliance, mobile authentication and more. Brian and his team have succeeded in raising over $3 million in funding to support the Miami-based company’s growth.

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Kairos’ Brian Brackeen during the Miami ISP

“The Endeavor story was intriguing to me from the start. The power of the network, the support, the mentorship, the help with accessing capital, are all a dream for any CEO,” Brian explained. “Endeavor pushes you forward, into markets that you did not before imagine. I’ve been an Endeavor Entrepreneur less than a month, and yet, it’s had a huge impact on our business.”

Across an ocean, Sira founded her Madrid-based company Shot & Shop in 2012 with the vision of inventing the first image recognition and retrieval technology able to identify accurate visual matches in real-time without previous image, pattern, or verbal tags. 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.

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Shot & Shop’s Sira Pérez de la Coba demonstrating her product

“My experience at the Miami ISP was like a dream: amazing, intense, passionate, unique, exciting, and really rewarding. Meeting so many people with so much talent and global vision was an incredible privilege,” Sira said about her selection. “With Endeavor, I look forward to changing the world as a scientist and Endeavor Entrepreneur, and I look forward to helping future entrepreneurs continue with their legacies.”

Read more about all of the entrepreneurs selected at the 56th Endeavor ISP in Miami by clicking here.

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 AñazcoDiego 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 GonzalezRicardo 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: Edgar 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.

Endeavor Miami Celebration Dinner (New World Center)A162

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.

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