During the 54th Endeavor International Selection Panel in New York, Endeavor convened managing directors from all 20 of its affiliate offices for an annual MD Retreat. The aim of the program was to foster collaboration among Endeavor’s growing global network of offices and to provide essential leadership and communications training that will keep Endeavor at the cutting edge of high-impact entrepreneurship.
31 High-Impact Entrepreneurs from 15 Countries Join the Endeavor Network at the 54th Selection Panel in New York City
New York, NY – August 14th – Endeavor selected 31 high-impact entrepreneurs leading 21 companies in 15 countries at its 54th International Selection Panel.
Endeavor now supports 948 High-Impact Entrepreneurs from 606 companies across 20 countries. The entrepreneurs were chosen from among 29 candidate companies at a panel held from August 11-13th for the first time in New York City.
A number of pioneering entrepreneurs and groundbreaking companies are part of this new class, including Saudi Arabia’s Lateefa Alwaalan, the first female candidate from the country and founder of Arabic coffee producer Yatooq, and Argentina’s Emiliano Kargieman, founder of nano-satellite developer Satellogic. Endeavor Spain also welcomed its first entrepreneur, Ignasi Vilajosana of Worldsensing, into the network.
The International Selection Panel (ISP) is the culmination of a rigorous multi-step selection process. At the ISP, top local and international business leaders interview candidate companies about their businesses and high-impact potential, and then vote on whether or not the candidates should become Endeavor Entrepreneurs.
“This was our largest panel ever and resulted in one of the most diverse classes of high-impact entrepreneurs selected by Endeavor,” said Endeavor co-founder and CEO Linda Rottenberg. “Not only are they innovating economies from Chile to Greece and Saudi Arabia to Indonesia, they are showing the world that excellent talent and big ideas can thrive anywhere with the right mix of support and mentorship.”
After their selection into the network, Endeavor provides the entrepreneurs with customized services, including introductions to local and international business mentors and volunteers from Fortune 500 consulting firms. Endeavor Entrepreneurs have had an impressive track record of creating jobs, building sustainable growth models, and inspiring future generations of leaders in their home countries.
This ISP was supported by Barclays and EY, both global sponsors of Endeavor. Barclays welcomed the entire panel to their New York offices for orientations and for interview day on August 12th.
Endeavor will be hosting two more ISPs in 2014. Locations will be Istanbul, Turkey and Miami, FL. Brief descriptions of the newly selected entrepreneurs and companies follow.
Entrepreneur: Emiliano Kargieman
Company: Satellogic (www.satellogic.com)
With a product that is out of this world, Satellogic is bringing space down to earth. Before Satellogic, the earth observation market relied on multi-million dollar, monolothic hardware incapable of real-time data streaming. Satellogic is building a constellation of inexpensive, mass-produced nano-satellites that disrupts this paradigm. With a fully deployed constellation, Satellogic will be able to provide commercial-grade resolution images in real-time data streams, at the fraction of the current cost, thus reducing barriers to obtain real-time satellite data and democratizing access to space-based services. The result is an endless universe of possible applications, from estimating revenue by tracking cars in a supermarket parking-lot, to detecting developing forest fires. Satellogic will transform Big Data from Space into a fundamental part of daily decision making for all branches of government, organizations, industries, and individuals.
Entrepreneurs: Matias Sjogren, Rafael Concha
Company: BioFiltro (www.biofiltro.cl)
BioFiltro has harnessed the power of mother nature to create an energy-efficient, chemical-free, low-cost, and odorless wastewater treatment technology. Known as BIDA (BioFiltro Dynamic Aerobic), BioFiltro’s patented bioreactors use earthworms and bacteria to treat industrial wastewater without the use of chemicals and at 80% less energy than conventional systems. BIDA transforms wastewater into clean water for agricultural use in one-eighth the time, 30% the CapEx, and 70% the OpEx of traditional technologies. BioFiltro’s expansion into some of the most regulated markets has impacted the way wastewater is filtered and influenced public perception to thinking of wastewater as a resource.
Entrepreneur: Gonzalo Muñoz
Company: TriCiclos (www.triciclos.cl)
Reduce, recycle AND recurring revenue is TriCiclos’ mantra. With developed countries increasingly implementing extended producer regulations (EPR), the responsibility for waste management has shifted from municipalities to the very corporations that generate the waste – not that most Latin American governments offer recycling collection services to begin with. By providing Clean Points (CPs) – recycling stations where individuals can deposit recyclable consumer materials – and managing waste management logistics efficiently, TriCiclos is not only the most reputable post-consumer recycling company in Chile, but also the only one capable of tracking and monetizing EPR compliance. The CPs – 40-foot metal containers capable of receiving, processing and compacting up to 25 different types of materials – are placed in companies’ parking lots or municipal areas. They are forty times cheaper and 20% more efficient than other recycling platforms in Chile because of the sophisticated pre-processor unit. Notably, TriCiclos is the only company in Latin America that is a “B Corp” and can certify that over 90% of materials put into its social clean points will actually be recycled.
Entrepreneur: Chris Khalifa
Company: Zooba (www.zoobaeats.com)
If you think food trucks are the hottest new craze, it’s time for a history lesson: Egyptians have been rolling their wooden food carts around the dusty streets of Cairo for decades. Unlike their Lebanese and Turkish counterparts, Egyptians have struggled to make traditional foods relevant and trendy, resulting in a national cuisine that is underserved locally and nonexistent globally. Zooba is the first restaurant chain to give classic Egyptian street foods a gourmet twist, a concept delivered through a social dining atmosphere designed to appeal to Egyptians’ shared sense of community. With three thriving locations throughout Cairo, founder Chris Khalifa is ready to expose the world to his local cuisine.
Entrepreneurs: Rawiah Abdallah, Mostafa Saeed
Company: Qabila (www.qabila.tv)
Qabila is an Egyptian alternative media studio founded to provide value-based and entertaining content that explores society’s most pressing issues in a fun and accessible way. The company began in the throes of the Egypt’s 2010 Revolution, when 15 friends banded together to create videos that explained democratic principles in entertaining Youtube videos. These videos quickly amassed a following, and earned the attention of some of the region’s most prestigious institutions, such as multiple UN agencies, the Arab League, and the Ford Foundation, who hired Qabila to produce public service announcement videos (PSAs) about issues like youth empowerment, environmental health, and sexual health. With its PSAs, short documentaries and feature-length documentaries, Qabila’s productions is on its way to consolidating its position as the leader for value-based content in the region.
Entrepreneur: Thomas Douzis
Company: Ergon (www.ergonfoods.com)
Leveraging a network of over 150 independent, local, artisanal producers that create 600 products under the unified Ergon brand, Thomas Douzis, is reintroducing Greeks and foreigners alike to delicious Greek gastronomy. Since Greek cuisine is as much about people coming together over food as the food itself, Ergon created a line of affordable-luxury restaurants that are combined with functional grocery stores. The menu, created by executive chef Dimitris Skarmoutsos, previously a judge on the show Greek Master Chef, has been meticulously crafted with Ergon products to offer diners authentic recipes with a modern twist.
Entrepreneur: Antonius Taufan
Company: GiftCard Indonesia (www.giftcard.co.id)
In the game of cards, Gift Card Indonesia (GCI) is holding a royal flush. In Indonesia, corporate gift-giving is customary but unimaginative; companies seeking to reward their stakeholders struggle to do so in a way that is personalized and professional. GCI is redefining the gift-giving experience by creating end-to-end solutions for the burgeoning gift card ecosystem in Indonesia. In two short years, founder Antonius Taufanhas acquired some of Indonesia’s most prominent corporate clients who are seeking to distribute gift cards to reward their employees and stakeholders. While Taufan is leading a new way to incentivize corporate stakeholders in Indonesia, he has always set his sights on building an ecosystem for gift cards and alternative payments, primarily targeting the unbanked population.
Entrepreneur: Khalil Shadid
Company: ReserveOut (www.reserveout.com)
Before Khalil Shahid’s ReserveOut system revolutionized the way restaurants in the Middle East took reservations, customers had to call and request a time or risk showing up and waiting for a table.ReserveOut’s electronic reservation booking and customer management system offers restaurants software to help them efficiently manage and record customer reservations, touchpoints, and preferences. The ReserveOut web and mobile applications enable online and mobile users to easily search and immediately reserve with venues that are part of the ReserveOut network.
Entrepreneur: Omar Christidis
Company: ArabNet (www.arabnet.me)
Want to catch the latest digital trends in the Middle East? Try ArabNet. In a region that boasts the highest growth rate of Internet usage in the world (16.7% according to the European Travel Commission), the digital economy presents a tremendous opportunity. To realize this potential, entrepreneurs, investors and digital professionals need to connect with and learn from each other. ArabNet serves as the platform to connect these stakeholders through its annual conferences, regional competitions, and online portal. With over 7,000 unique attendees of its events, ArabNet has established itself as the premier platform for everything digital in the Middle East.
Entrepreneur: Hind Hobeika
Company: Instabeat (www.instabeat.me)
Instabeat is the first and only display monitor that mounts on the straps of any swimming goggles, allowing swimmers to monitor their heart rate in real time through a color coded display on the interior of the goggles. The device is small, creates minimal friction with water, and provides key information without having the swimmer lose focus. Hind sees the technology as applicable to athletes beyond swimmers and plans to launch a Triathlon version (which would attach to sunglasses) in 2015. Having filled a gap in the global wearable technology industry, estimated to reach US$50B by 2018, Instabeat is in a position to scale rapidly.
Entrepreneurs: See Wai Hun, John Lim, Naaman Lee
Company: Juris Technologies (juristech.net)
There are few businesses more recession-proof than the business of debt. Born from the debt recovery challenges facing banks during the 1997 Asian financial crisis, Juris Technologies developed an end-to-end software solution for the credit management process. In a market in which credit has been rising sharply for five consecutive years, Juris eases the burden on financial institutions by offering a complete suite of solutions that allows them to evaluate customers, approve loans, and recover debt. Because credit management requires active, ongoing collaboration between multiple players, Juris has created software platforms that encourage and facilitate external collaboration among all parties while layering onto existing systems and infrastructure.
Entrepreneurs: Tanya Moss, Eduardo Stolkin
Company: Tanya Moss (www.tanyamoss.com)
Tanya Moss puts the joy is joyas. Symbolized by its iconic butterfly motif, Tanya Moss jewelry lines are sophisticated accessory options for the modern woman, combining timeless taste with a modern edge. Tanya Moss products are made with premium quality materials, including precious metals and semi-precious stones. The brand is widely recognized by its iconic butterfly motif, which symbolizes the fun yet elegant designs that ensure the modern-day woman exudes confidence and style.
Entrepreneur: Carlos Frigolet
Company: Purafiltracion (www.purafiltracion.com)
Poor air in a New York subway station on a summer’s day is disgusting. Poor air in a control room of an offshore drilling rig is a multimillion dollar disaster waiting to happen. Many plants, particularly those in the Oil & Gas and Power Generation industries, release corrosive chemicals. If these chemicals enter the control room, they can damage and rust electronics leading to short circuits, the potential shutdown of the entire plant and possibly even deadly explosions. Purafiltracion sells systems that eliminates 99.5% of gas pollutants, ensuring clean air and extending the lifetime of the control rooms from six months in a harsh environment to 10 years. It also sells systems that maintain ideal temperature and humidity conditions in control rooms preventing equipment failures. With these systems, plant workers can finally breathe easy (and cleanly) at night.
Entrepreneur: Adolfo Babatz
Company: Clip (payclip.com)
With Clip, you’ll never have to tell a customer you don’t take their credit card again! Clip allows Mexican businesses to replace outdated POS systems with a sleek and easy-to-use piece of hardware that accepts any credit and debit card. The device seamlessly connects with an operator’s smart phone or tablet by fitting into the headphone jack of an iOS or Android device. The operator opens the free Clip app, enters the amount to be charged, and Clip charges a 3.6% transaction fee or 4.6% on installation payments. The reader is the first version in Mexico that includes a patented fraud protection program and chip reader, which is critical to the Mexican market, and Clip is only one of two companies in the world to have its own proprietary design for the reader (the other is Square).
Entrepreneurs: Michael McCord, Michael Laas
Company: LearnerNation (www.learnernation.com)
Michael Laas and Michael McCord are disrupting the corporate training market by making learning awesome in six languages with LearnerNation, a cutting-edge, cloud-based, adaptive learning platform with patent-pending technology. The e-learning platform is intuitive and offers progressive teaching tools, which increases information retention and performance. Counting MasterCard, LG, and Cartier as clients, LearnerNation is poised to be a breakout success story for the burgeoning tech ecosystem in Miami. With the global market spending an estimated US$62B on corporate training, LearnerNation has the opportunity to quickly gain market share and be a globally accessible platform.
Entrepreneur: Lateefa Alwalaan
Company: Yatooq (yatooq.com)
Yatooq, a Saudi Arabian company founded by Lateefa Alwalaan in 2011, makes it easier and faster to brew Arabic coffee, a spicy coffee central to all social gatherings in places like Saudi Arabia, Bahrain, and the UAE. When made traditionally, Arabic coffee takes 20-30 minutes to prepare and requires over ten steps, and numerous ingredients to complete. Yatooq’s coffee brewer and Arabic coffee blend reduce brew time (75%) and effort required while consistently producing delicious Arabic coffee. With Lateefa’s selection, Endeavor Saudi Arabia would welcome its first female entrepreneur to its portfolio, an exciting addition who could serve as an inspiring role model for the country’s entrepreneurial ecosystem.
Entrepreneurs: Kaswara Al Khatib, Soraka Al Khatib
Company: UTURN (uturn.me)
From satire to soaps, Uturn provides the entertainment Saudis really want. Uturn is a multi-channel network that produces and features local Saudi content, creating an online viewership community spread across several social media channels. Its original and aggregated content fills a void in the many a country where the traditional, government-controlled state broadcasters have failed to engage a young audience. Its award-winning content includes two of the longest running online shows in Saudi, engendering a devoted viewership of 2 million subscribers and followers – the largest in the region.
Entrepreneurs: Dave Evans, Grant Rushmere
Company: BOS Brands (www.bosicetea.com)
All too often consumers are forced to choose between a healthy beverage and a delicious exciting brand. BOS Brands, a beverage business based in South Africa, offers consumers stylish, premium beverages that taste great without compromising on health. Harnessing locally produced rooibos as the main ingredient in its two beverage lines, BOS Ice Tea and BOS Sport, all products are high in health benefits, low in sugar, and contain no caffeine, colorants, or preservatives.
Entrepreneur: Ignasi Vilajosana
Company: Worldsensing (www.worldsensing.com)
Worldsensing is pioneering the Internet of Things. With smart sensors that improve traffic management and infrastructure maintenance, Worldsensing has brought to the industrial and public sectors an efficient, easy method of data capture and analysis. Its traffic solutions help city administrators manage traffic and pedestrian movement, while industrial solutions support both safe infrastructure maintenance and seismic pipeline monitoring. It has integrated sensors in iconic cities and infrastructures around the world, including the streets of Moscow, Barcelona’s olympic stadium, and Stockholm’s main commuter train. Named by the BBC and the Wall Street Journal as one of the companies to watch in the Internet of Things space, and highlighted in the European Commission’s Business Innovation Observatory report on Smart Living, Worldsensing’s groundbreaking technology will transform cities around the world.
Entrepreneurs: Başak Taşpınar Değim, Erol Değim
Armut.com is Turkey’s first online market place connecting users and service providers. It features trustworthy, reviewed professionals who offer reliable price quotes. Armut is a pioneer for Turkey, and has innovated the global model by developing a proprietary algorithm that automates the service provider vetting system and user-provider matching process.
Entrepreneurs: Shahriar Khodjasteh, Shahin Khodjasteh
Company: Dubai Desert Extreme (DDE) (www.dde-me.com)
Dubai Desert Extreme (DDE) is a distributor and retailer of sporting goods in MENA. The company has exclusive distribution rights with major sports brands, including Giant, Topeak, New Era, and Volcom. DDE also sells this merchandise in its own retail stores in the UAE. In 13 years, the company has not only brought the biggest names in athletic apparel and equipment to MENA but also generated interest and involvement in sports in the region.
Endeavor Indonesia hosted a local networking gathering for Endeavor entrepreneurs, mentors and network members featuring Geeks On A Plane (GOAP), an invite-only startup and investor tour organized by 500 Startups. The event brought together over 80 attendees to discuss the entrepreneurship landscape in Southeast Asia and connect with local stakeholders, positioning Endeavor as a leader in the space.
Organized by 500 Startups, a Silicon Valley-based seed fund and startup accelerator, the GOAP tour convenes entrepreneurs, investors, and business leaders to learn about high-growth technology markets worldwide and explore cross-border opportunities. Taking the form of large networking events, the tour has reached across Europe, the Middle East, Latin America, Asia and North America.
Five Endeavor Indonesia Entrepreneurs and 15 entrepreneur candidates were in attendance, along with 16 mentors, 4 partners and over 40 representatives from GOAP. The Geeks on a Plane guest list consisted of top tech entrepreneurs and venture capital investors from around the world. The entrepreneurs expressed the importance of Endeavor’s resources in allowing them exposure to a global network, while the VC attendees had the opportunity to meet with companies at a mature stage of scaleup growth.
During the course of the dinner, attendees had the chance to meet and network casually for four hours. Sati Rasuanto, managing director of Endeavor Indonesia, addressed the crowd with a short speech and welcomed all of the network members. 500 Startups founder and Endeavor mentor Dave McClure was also in attendance, and introduced GOAP as a medium for connecting ecosystems of entrepreneurship around the world.
Greece’s Kerstin Trikalitis, Co-Founder of Out There Media, Joins Jury at the 2014 Cannes Lions Festival
Endeavor Entrepreneur Kerstin Trikalitis, co-founder of Greece’s Out There Media, was recently named to the jury in the “Mobile” category at the 2014 Cannes Lions Festival, a premiere international awards event for professionals in the creative communications industry. Often considered the largest worldwide gathering of designers, digital innovators and marketers, the festival recognizes the best in creativity and innovation in global media. Kerstin’s honor demonstrates a growing interest in the potential of high-impact entrepreneurs in emerging markets like Greece.
As part of the Mobile Lions jury, Kerstin worked with 14 global judges representing top names in branding and media to review over 1,000 entries in the category. The submissions encompassed creative works activated by a mobile device, app or mobile web and were judged based on creativity, execution, relevance and results. Now into its 61st year, the Cannes Festival convened over 12,000 delegates from more than 90 countries to network and celebrate the best in brand communications. The week-long agenda consisted of 60+ world-class seminars which put 500+ speakers on the global stage, as well as more intimate and targeted learning through forums and workshops. This year, over 37,000 entries from 97 countries competed for awards.
Being honored as a jury member demonstrates Kerstin and her team’s success as emerging market entrepreneurs. When she founded OTM with fellow Endeavor Entrepreneur Daphne Loukas in 2007, the pair anticipated the boom in mobile advertising in regions that depend on non-traditional devices for digital connectivity. With offices across Europe, Asia and North America, OTM works with brands and advertisers, SMEs and e-commerce companies to enable them to maximize awareness and loyalty among their consumers through innovate mobile and digital campaigns. The company has formed partnership agreements with over 40 mobile carriers across Europe and Asia, reaching approximately 500 million subscribers via its multi-channel advertising marketplace called Mobucks. Since their selection into the network in 2013, the OTM team has worked with Endeavor to gain insights on fundraising and have participated in a number of Endeavor Investor Network events.
“It has been an amazing experience to be part of the Mobile Jury for Cannes Lions this year as one of the 15 jurors from across the globe! We have seen the most ground-breaking work that the world has to offer in ‘Mobile’ up to this day,” said Kerstin. “I am very honored to have been part of the experience and am convinced that Mobile will become an ever more integral part of any brand communications strategy in the years to come. Lastly, I encourage all of us Endeavor Entrepreneurs that work in advertising technologies to submit our best practices for Cannes Lions 2015!”
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.
In 2011, Mr. Naqvi was named as one of the 50 most influential people in the global private equity industry by Private Equity International. He has been the recipient of numerous awards, including the Oslo Business for Peace Award, the highest form of recognition given to individual business leaders for fostering peace and stability through creating shared value between business and society. At the Gala, Mr. Naqvi will be presented with Endeavor’s 2014 High-Impact Entrepreneur of the Year Award, which honors global entrepreneurial role models and leaders of the high-impact entrepreneurship movement.
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.
To become an Endeavor Gala sponsor, purchase tickets or tables, or make a donation, contact Leah Sivieri at email@example.com or at +1 (646) 745-3314.
From June 17th – 19th, Endeavor held its inaugural eMERGE California event, sponsored by Gigaom, Zynga and Co.Lab, which brought together top entrepreneurs, investors and mentors to highlight fast-growing tech markets outside of Silicon Valley. As part of the event, an Endeavor Investor Network session sponsored by Greenberg Traurig convened Endeavor Entrepreneurs and representatives from premiere venture capital firms in an afternoon of networking and discussion around emerging markets. In addition, Endeavor partner Barclays held a special advisory session for one of the entrepreneurs in attendance.
“Endeavor Entrepreneurs are frequently the forces leading or disrupting their regional tech markets. With Endeavor’s presence in twenty countries, it’s in a unique position to showcase the potential of these markets side-by-side via the individuals who are shaping them,” said Shaun Young, Endeavor’s Director of Network & Business Development and head of Endeavor eMERGE California.
Over the course of the three days, some of Endeavor’s most promising tech entrepreneurs represented their markets and countries in front of a number of Silicon Valley’s key business leaders. The event opened with a mentorship breakfast with top investor Dixon Doll, co-founder of venture capital firm DCM, who addressed strategies for supporting tech ecosystems in non-traditional markets. Entrepreneurs then had the opportunity to meet with Joanna Rees, Endeavor Global Board Member and Managing Director of Endeavor Catalyst, as well as the staff of Endeavor California to discuss approaches to raising capital in Silicon Valley as international entrepreneurs.
Three Endeavor Entrepreneurs were featured as speakers throughout Endeavor eMERGE California, including Brazil’s Antonio Carlos Soares of RunRun.it, Argentina’s Germán Dyzenchauz of GoIntegro, and Lebanon’s Rabih Nassar of Apstrata. With expertise in cloud-focused technologies, these entrepreneurs contributed widely to the week’s events, addressing participants in sessions with the Endeavor Investor Network and members of Endeavor’s California network, including executives from the Omidyar Network, Dropbox, Silicon Valley Bank, Zendesk, SurveyMonkey and the SF Mayor’s Office. In addition, the entrepreneurs participated in a panel moderated by Endeavor President Fernando Fabre during the Gigaom Structure conference, a premiere cloud-focused technology event. Additional Endeavor Entrepreneurs in attendance at eMERGE California included Chile’s Pablo Godoy of Inzpiral, Argentina’s Sally Buberman and Ignacio Lopez of Wormhole, and Mexico’s Guillermo Casares Gonzalez of Mexis.
The Endeavor Investor Network session on June 17th featured participation from leading U.S. venture capital firms, including Accel Partners, General Atlantic, Lumia Capital, Omidyar Network, Ribbit Capital and Rise Capital, who met with a selection of Endeavor’s top companies representing Argentina, Brazil, Chile, Jordan, Lebanon, Mexico and Miami. The afternoon kicked off with an hour-long conversation with the three eMERGE speakers, who provided insights on the market opportunities that growing tech economies offer cloud-based companies and potential partners. The entrepreneurs and investors then participated in formal rounds of speed-networking, where 24 investors and companies from Endeavor’s portfolio met over coffee, company narratives and presentations, culminating in 100+ formal networking connections over the course of the afternoon. Following the formal networking, participants continued with an informal reception themed around the World Cup.
Additional highlights from the week included a private dinner hosted by Endeavor Catalyst Managing Director Joanna Rees in honor of the Endeavor Entrepreneur participants of eMERGE California. Also, following one of their talks, Antonio Carlos, Germán and Rabih were invited to Dropbox to meet with members of the company’s corporate development, sales and international teams to discuss regional trends in mobile, cloud and payments. Finally, the event wrapped up with a special advisory session with Endeavor partner Barclays. The meeting convened senior Barclays executives to help provide guidance to Mexican Endeavor Entrepreneur Guillermo Casares Gonzalez on his company’s approach to fundraising and expansion.
“[Endeavor eMERGE California] was a great opportunity to showcase my company, meet lots of interesting new people and get to know Endeavor better. It was truly a pleasure and an honor to participate, ” said Antonio Carlos. “It is great to be a part of Endeavor and to share my dream.”
Endeavor eMERGE California will feature more of Endeavor’s best international tech markets, focusing on topics such as mobile, payments and the sharing economy, and continue to spotlight the entrepreneurs at the forefront of these areas. The participating entrepreneurs in this event represent a range of cloud-based services and solutions. Learn more about their companies below:
Antonio Carlos Soares joined the Endeavor network in 2010 as part of Brazil’s Aorta, a software company that serves major clients by helping them harness new technologies through customized IT applications. Antonio is currently the co-founder of RunRun.it, a cloud-based team management platform. The product helps managers of mainstream companies enhance team productivity by providing dashboard reports and tools for improving workflow assurance, task management and employee performance evaluation in a simplified format.
Founded by Germán Dyzenchauz and Gaston Lejtman in 2002, Argentina’s GoIntegro is a leading SaaS social engagement platform for companies in Latin America, offering a suite of software applications to manage internal communications, corporate benefits, recognition programs and incentives. With offices across the region, the company boasts more than 300 corporate clients and reaches upwards of one million daily users with revenue growth of 30% in 2013.
Lebanon’s Rabih Nassar worked in development in the enterprise software space for years with Element^n, ultimately turning its product legacy into Apstrata, a highly scalable, cloud-based solution for back-end infrastructure. Apstrata packages the fundamental server-side building block components necessary for HTML5 and mobile application development, saving mobile developers both time and money.
Chile’s Inzpiral is a BI software solution company consisting of three product platforms, each compiling, consolidating and analyzing large data sets for the optimization of pricing and distribution strategies. Founded by Pablo Godoy in 2011, Inzpiral’s solutions primarily apply to the Retail and CPG market, but is expanding to serve the mining and telecommunications sectors as well.
Argentina’s Sally Buberman, Ignacio Lopez, and Maximiliano Menasches have focused their efforts on creating an affordable, high-quality solution to allow people in emerging markets to work, learn, and communicate over the Internet. With Wormhole IT’s products, which are typically 90% cheaper than competing products, the team’s solutions have already been successfully exported to and localized for over ten countries and are actively used by over 60,000 users.
Guillermo Casares González took a business ridden with accounting irregularities and a broken ISP model and reoriented it as a Management Risk Service Provider. Based in Mexico City, his company Mexis integrates managed services in network infrastructure, security and applications with the concept of “Security 360°”. Today, Mexis is a leader in the industry and operates under its own proprietary technology.
EY hosted its annual World Entrepreneur Of The Year event this month in Monte Carlo, Monaco, convening business leaders from more than 145 cities across 60 countries. Since its inception in 1986, EY’s Entrepreneur Of The Year program has brought together thousands of the world’s top entrepreneurs to network and promote ecosystems of global innovation and ingenuity. This year, Endeavor Entrepreneurs Jorge Nazer of Chile’s ALTO and Feridun Tunçer and Levent Yılmaz of Turkey’s Baydoner represented their countries in Monaco after being named national EoY winners for 2014.
In addition, Indonesia’s Hendy Setiono of Baba Rafi and Uruguay’s Michel Cohen and Silvana Leibenberg of Lolita attended the event as EY Ready, Set, Grow Entrepreneurs, which recognizes their companies’ potential for transformative growth. Other Endeavor Entrepreneurs in attendance included Jordan’s Amjad Aryan of Pharmacy 1 and Turkey’s Bedriye Hülya of b-fit.
In addition to the judging and awards ceremony, the event included keynotes from global business leaders, panel discussions on industry issues, and networking opportunities for all attendees.
Read more about the week of events and Uday Kotak, the ultimate winner of the 2014 World Entrepreneur title, by clicking here.
Endeavor Chile hosted its first Endeavor Experiencia event and 10th Annual Endeavor Retreat in June. More than a thousand people gathered at Santiago’s National Museum of Fine Arts for the day-long Experiencia event, which was designed to inspire and promote networking among entrepreneurs and stakeholders. In addition, the Endeavor Chile Retreat brought together local Endeavor Entrepreneurs and board members to celebrate achievements and highlights from within the network.
The Experiencia consisted of a series of workshops, round-table conversations and keynote talks that highlighted the importance of high-impact entrepreneurship and promoted interest in investment and growth in Chile. Attended by Endeavor Entrepreneurs and network members, the event emphasized the work of Endeavor in Latin America and the ecosystems of entrepreneurship that have developed in recent years. Experiencia events have also been hosted by Endeavor Argentina and Endeavor Uruguay. Read more about Chile’s event by clicking here.
“I am very thankful for this opportunity,” Jorge said about his selection to the board. “I am committed to promoting entrepreneurship in Chile and being the voice that defends entrepreneurship as the best way to overcome poverty and generate social mobility.”
On May 22nd, the Endeavor Investor Network hosted a one-day event in London that brought together over 60 Endeavor Entrepreneurs, candidate companies and investors from across Europe, the Middle East, and Africa (EMEA). Endeavor Entrepreneurs from Greece, Jordan, Lebanon, Morocco, Saudi Arabia, South Africa, Turkey and the UAE attended, with over 200 entrepreneur-investor connections made by the end of the day. The intimate event is the culmination of Endeavor’s efforts in EMEA to select and connect the best entrepreneurs with mentors and equity partners from the region and beyond.
Allen Taylor – Vice President at Endeavor and the head of the Endeavor Catalyst co-investment vehicle – noted that Turkey has been a particularly active market.
“Since launching Endeavor Catalyst in January 2012, we have made more co-investments in Turkey than any other Endeavor market – including AirTies; Yemeksepeti.com (with General Atlantic); Peak Games (with Hummingbird Ventures and Earlybird Venture Capital); and, most recently Lidyana.com.” A number of London-based firms have also been active in Turkey and agreed that the market has solid fundamentals and strong growth prospects for the long-term.
Along with the round table, a panel was held for all of the Endeavor Entrepreneurs and candidates in attendance. Chris Grew, Partner at Orrick, Herrington and Sutcliffe and Tom Johnson, Head of UK Equity Capital Markets at Barclays, discussed topics ranging from legal best practices for raising capital to the evolving investment climate in emerging markets.
The afternoon consisted of three more consecutive panel discussions. In the first, Jordan’s Ala’ Alsalla of Jamalon and the UAE’s Mona Ataya of MumzWorld took the stage with Pamir Gelenbe (Hummingbird Ventures/MarkaVIP) and Berkin Toktas (Revo Capital) to discuss the state of e-commerce in EMEA. A fireside chat followed featuring Peter Cummins (Monitise) and Turkey’s Firat Isbecer of Pozitron, whose company was acquired by Monitise earlier this year for $100 million.
The day ended with two rounds of one-on-one speed-networking between Endeavor Entrepreneurs and Investor Network members including teams from Amadeus Capital Partners, Accel Partners, General Atlantic and EBRD Ventures. In total, 18 firms and entrepreneurs connected for 10 minutes each, resulting in the impressive 200+ entrepreneur-investor connections.
Representatives from Five Endeavor Entrepreneur Companies Attend EY Strategic Growth Forum in Shanghai
Representatives from five Endeavor Entrepreneur companies attended EY’s Strategic Growth Forum (SGF) this month in Shanghai, joining nearly a thousand attendees in two days of networking and discussion around growth strategies in China and other international markets. With China’s rapidly growing influence on the world economy, the SGF offered attendees the chance to learn about key regional issues including government regulation, industry innovation, talent development, and corporate sustainability.
The entrepreneurs’ companies that were represented, including Brazil’s Toys Talk and Uatt?, Egypt’s E-Masary, Indonesia’s Baba Rafi and Greece’s Out There Media, had the opportunity to explore the vast investment market in China and hear from some of Asia’s top business and industry leaders. As an Endeavor partner, EY has offered valuable services to Endeavor Entrepreneurs through events like these and sponsored programs like the EY Vantage Program.
To view highlights from the Forum, including recaps of each panel session, click here.
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