High-Impact Entrepreneurship

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Endeavor Staff Convene at the 2015 Global Entrepreneurship Congress in Milan

newsletterbanner.news postAt the 2015 Global Entrepreneurship Congress in Milan, Endeavor staff members from Argentina, Brazil, Chile, Colombia, Mexico, Turkey, Uruguay, and the U.S. were present. Held from March 16th – 19th, the annual Congress convenes industry leaders, top entrepreneurs, executives and policymakers in one of the largest entrepreneurship-focused gatherings of the year.

The main planning event for Global Entrepreneurship Network, an Endeavor partner, this year’s GEC was also co-hosted by the Milan-based META Group and the Kauffman Foundation. With 4,000 participants from more than 150 countries, the four days highlighted themes ranging from scaling businesses to building urban ecosystems and featured an agenda of dozens of events. Taking the form of pitch competitions, keynotes speeches and panel discussions, these events brought a focus to all aspects of the entrepreneurship spectrum. Notable speakers this year included Maria Contreras-Sweet (Administrator of the United States Small Business Administration), Oscar Farinetti (Co-founder of Eataly), Felipe Hoffa (Developer Advocate at Google), and Andrea Illy (CEO of illyCaffe).

From the Endeavor network, select staff members also had the opportunity to speak during the Congress, demonstrating the organization’s growing role in the global entrepreneurship landscape. Endeavor has been an active supporter of the GEC since it launched in 2009, co-hosting the 2013 GEC in Rio de Janeiro which also featured staff, mentors and entrepreneurs. To learn more about this year’s conference, including summaries of the events and video highlights, click here.

See below for photo highlights of the Congress.

Endeavor Entrepreneurs and Mentors Participate in the 2015 SXSW Interactive Festival

sxswlogoEndeavor Entrepreneurs and top members of the network attended the annual SXSW Festival, a premiere event focused on innovation, cutting-edge technology and design. In its 22nd year, the festival has become a leading incubator of entrepreneurship and creativity, featuring panels, presentations and showcases from global brands and startups. The festival has become a regular event for members of the Endeavor network to gather and meet.

Endeavor organized gatherings at a variety of events throughout the week, with a focus on themes ranging from startup acceleration to biotechnology to international investments. In addition, a number of social events allowed the entrepreneurs to network in informal settings while meeting other attendees of the festival. Endeavor Catalyst Managing Director Allen Taylor participated in his own session themed around trends in Brazil’s investment landscape. Other notable mentor highlights included sessions with:

Steve Case, co-founder of AOL and Chairman of the Case Foundation and Revolution, who shared his thoughts on the importance of partnerships and other keys to business growth and success. He also addressed his experiences building AOL and the industry he helped craft in the early days of the Internet, highlighting the sectors where web-enabled products and services can have a substantial impact.

Jean Case, the current CEO of the Case Foundation, discussed philanthropy and debated the impact of charitable investing with the entrepreneurs. She also addressed the power of entrepreneurship and its unique importance to economic stability in regions of conflict and revolution.

Adam Dell, venture capitalist and brother of Michael Dell, talked with the entrepreneurs about his thematic approach to investment, providing insight on future trends in the VC world.

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Steve Case with entrepreneurs and staff members

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Endeavor VP Allen Taylor in a panel discussion

Endeavor Named Most Impactful Company in Latin America by LATAM Founders Network

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The LATAM Founders Network (LFN), a network for CEOs, partners and founders focused on the investment and technology space in Latin America, recently named Endeavor as the “Most Impactful” organization in the region. With a membership of more than 550 vetted leaders, the LFN Awards recipients were nominated and chosen by top entrepreneurs and founders working in and around Latin America.

LFN’s Second Annual Awards Gala was held in Sao Paulo, Brazil and brought together more than 200 leaders of the investment and technology sector to acknowledge and honor the companies that are true game changers in the region. The Gala provided the ultimate opportunity for effective networking with top CEO’s, founders, investors and media both in the region and abroad.

Endeavor Entrepreneur Martin Umaran, co-founder of Argentina’s Globant, presented the opening address and shared the inspiration behind the company’s mission and culture of 3,000+ employees worldwide. Last year, Globant became one  of the first Latin American technology companies to be listed on the New York Stock Exchange. Endeavor was subsequently recognized as the organization that has made the most impact in the region, with country offices in seven Latin American countries leading the movement for high-impact entrepreneurship. Having selected and supported over 500 entrepreneurs from the region who have gone on to build innovative companies and mentor future founders, Endeavor has transformed the idea of entrepreneurship in many of these markets.

Previous winners of the LFN Awards have seen continued success,  with many of the entrepreneurs raising significant additional rounds of funding and expanding their businesses into other key regions and countries. In addition to Endeavor’s recognition, Endeavor Entrepreneur company Kaszek Ventures (founded by Hernán Kazah and Nicolas Szekasy) was selected as the “Best Investor” in the region. The Brazil-based Printi, a promotional printing company founded by Endeavor Entrepreneur Florian Hagenbuch, won in the “Best B2B Business” category, with Florian also winning “Entrepreneur of the Year”.

Read more about the awards and nominees this year by clicking here.

PreMoney Miami Conference Focused on Venture Capital Features Members of Endeavor Network

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The PreMoney Miami Conference, produced by 500 Startups, highlighted various aspects of the venture capital space in a full day of keynotes, panels and in-depth discussions. More than 200 accredited and active investors and LPs participated in the event, which also featured talks from Endeavor VP Allen Taylor, Endeavor Miami Managing Director Laura Maydon, network members Dave McClure (500 Startups) and Andres Moreno (OpenEnglish), and many more.

The event highlighted new platforms, models and strategies for early stage funding, covering the most disruptive strategies, models, and technologies for the future of venture capital. Featuring the world’s most forward-thinking investors, PreMoney aimed to provide attendees with insights and tactics for building successful, scalable venture portfolios that are as innovative as the companies they finance.

Highlights included Endeavor VP and Endeavor Catalyst Managing Director Allen Taylor’s keynote exploring methods for building successful ecosystems in the emerging markets that need it most. Watch his full session below.

To learn more about the conference, click here.

 

Endeavor Egypt Partners with the 2015 Egypt Economic Development Conference; Spotlights High-Impact Entrepreneurship

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During the Egypt Economic Development Conference (EEDC), top influencers in Egypt’s entrepreneurship scene demonstrated their commitment to supporting the local ecosystem and the growth of SMEs. This year, Endeavor Egypt served as a Knowledge Partner in the conference, hosting a session focused on high-impact entrepreneurship and featuring the stories of Endeavor Entrepreneurs.

The session, titled “High-Growth Entrepreneurship: Egyptian Women and Men Building Enterprises”, brought together some of Egypt’s leading entrepreneurs and various stakeholders in the country’s growing entrepreneurship ecosystem, with the goal of informing the audience and identifying opportunities for growth. The conference as a whole aimed to showcase Egypt as an attractive market for institutional investment and economic development initiatives.

Opening remarks were given by Naguib Sawiris, one of Egypt’s leading entrepreneurs and founder of Orascom Telecom Holding, who commented on the burgeoning talent pool and investment potential that’s ushering the country into a new area of growth. The conference’s main objectives were divided into three segments: Inform, Inspire and Activate. The high-growth entrepreneurship session represented the government entities and organizations that support and fund entrepreneurs at different stages, including: Hossam Allam; Founder of Cairo Angels, Hany Al Sonbaty; Partner at Sawari Ventures, Mohamed Osman; CEO Sofico, Ayman Ismail; CEO DMG & Chairman of Endeavor Egypt and Hussein El Gueretly; CEO Information Technology Industy Development Agency. Endeavor Entrepreneurs that were highlighted include Mohamed Azab, CEO of Hassab Labs, and Sherief Kasseba, CEO of Nile Valley Growers.

The session concluded with the launch of the Cairo Tech Map, developed with Endeavor Insight, further validating the presence of a collaborative ecosystem in Egypt. This was followed by an announcement from The World Bank in cooperation with the Social Fund for Development introducing a $120 million Venture Capital Program to overcome the key challenges faced by under-served Egyptian start-ups. This will by accomplished by providing sustainable access to capital and realizing long-term capital appreciation by providing debt and equity investments in venture capital companies, incubators and directly to startups. The fund offers up to $10 million of co-financing capital to each individual investment, provided by the World Bank to the SFD to develop and catalyze a nationwide entrepreneurial ecosystem in Egypt.

“Endeavor believes that one of the main drivers of true economic growth and prosperity lies in the hands of ambitious and driven entrepreneurs, and we believe that it was absolutely right that the EEDC provided a platform to highlight the success and opportunities of the growing entrepreneurship ecosystem in Egypt,” said Heba Gamal, Managing Director of Endeavor Egypt. “Given the right amount of support and freedom, entrepreneurs can build thriving companies which can have a measurable impact on the local economy. We now have an ecosystem that has boomed over the past five years and we are ready to extend an open invitation to investors, multinationals and individuals to come to Cairo – the entrepreneurship hub of the Middle East.”

Read more about the event by clicking here.

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The EEDC team

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.

 

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