High-Impact Entrepreneurship

Get RSS Feed

Endeavor and Linda Rottenberg Profiled in The Christian Science Monitor

christianscienceThe Christian Science Monitor, a U.S.-based international news publication, recently profiled Endeavor CEO Linda Rottenberg and the story of Endeavor, spotlighting the organization’s journey and its rapidly growing global impact. In particular, the article calls attention to Linda and co-founder Peter Kellner’s inspiration for starting Endeavor, after the pair noticed a discernible lack of support for many skilled entrepreneurs in emerging markets.

Endeavor Entrepreneurs Ramzi Halaby, co-founder of  Jordan-based social media agency The Online Project, and Wences Casarescurrent founder of Xapo and serial entrepreneur, were both quoted in the piece discussing the effect that Endeavor has had on their own high-impact ventures. 

“Just by getting Endeavor’s feedback on our business plan, and by being challenged by different mentors and board members, our whole mind-set shifted,” Halaby says in the article reflecting on his selection. “I can tell the difference between how Jordan was before Endeavor and after. It has played a major role in building the ecosystem for entrepreneurs [here] and has made it easier for people like us to succeed.”

Read the entire Monitor article by clicking here.

Endeavor Hosts 53rd ISP: 29 High-Impact Entrepreneurs from 9 Countries Join the Endeavor Network

Floripa Header

Florianópolis, Brazil – April 10, 2014 – Endeavor selected 29 high-impact entrepreneurs leading 16 companies in 9 countries at its 53rd International Selection Panel.

Endeavor now supports 917 High-Impact Entrepreneurs from 585 companies across 20 countries. The entrepreneurs were chosen at a panel held from April 7 – 9th in Florianópolis.

The International Selection Panel (ISP) is the conclusion of a rigorous multi-step selection process that is at the core of the Endeavor model. At the Florianópolis ISP, top business and industry leaders from eight countries interviewed candidates about their businesses and potential for high-impact growth, and then deliberated on whether or not the candidates should become Endeavor Entrepreneurs.

“I am very excited to welcome these promising entrepreneurs to the network,” said Endeavor co-founder and CEO Linda Rottenberg. “Many are innovating industries in their local markets and demonstrating the potential for high-impact growth, especially in Latin America where our presence continues to expand.”

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. Endeavor Entrepreneurs have created thousands of jobs and built sustainable growth models in their home countries, transforming local economies and becoming role models for future generations of leaders.

Endeavor will be hosting three more International Selection Panels in 2014. Locations will be New York, NY; Istanbul, Turkey and Miami, FL.

Brief descriptions of the newly selected entrepreneurs and companies follow.

ARGENTINA

Entrepreneur: Parker Stanberry

Company: Oasis Collections (www.oasiscollections.com)

Now you can make every destination an Oasis. Parker Stanberry founded Oasis Collections to offer travelers a curated, online platform of high-end, short-term rental properties across Argentina, Brazil, Colombia, Uruguay, and Miami. While individual property owners typically offer limited services to short-term renters, Oasis provides a complete hospitality experience that includes support from an around-the-clock, on-the-ground team, and social perks such as access to Oasis’ private members’ clubs and exclusive events. With over 700 properties in its portfolio, and a network of exclusive members’ clubs, Oasis has received international recognition in Vanity Fair, The New York Times, Conde Nast Traveler, and the Financial Times, among others.

Entrepreneur: Mauro Bono

Company: Savant (www.savant.com.ar)

Given the lack of innovation in Argentina’s pharmaceutical industry, Mauro Bono has the perfect prescription for his country – Savant. Savant manufactures and distributes a variety of pharmaceuticals, using an innovative manufacturing process that results in higher margins for pharmacists and more affordable drugs for end consumers. From its factory in the remote 2,500-person town of El Tío in central Argentina, Savant produces over 100 million drug tablets annually for thousands of pharmacies in Argentina and exports to 16 countries, including Vietnam, Lebanon, and Mozambique.

BRAZIL

Entrepreneurs: Cristiano Brega, Guarany Guimarães, Fernando Magero & Bruno Braga

Company: Confiance Medical (www.confiancemedical.com.br)

Scar no more! Through its video surgery equipment, Confiance helps doctors perform minimally invasive surgeries that leave smaller scars and have quicker recoveries than traditional open surgeries. While video surgery is a relatively standard practice in US hospitals, only premier hospitals in Brazil can afford the equipment. Awarded High-Impact Company of the Year by Brazilian’s leading SMB magazine in 2013, Confiance dreams of closing the gap between the elite and second-tier hospitals by making video surgery accessible to a broader population.

Entrepreneur: Rafael Ribeiro Madke

Company: Grupo RPH (www.gruporph.com.br)

Grupo RPH has the power to bring Brazil’s medical imaging techniques to electric new heights. The company sells cold kits, which are connected to radioactive products that illuminate patients’ organs under scans, creating precise, dynamic images that aid in medical diagnosis and treatment. Until recently, the Brazilian government dominated the highly regulated, US$80 million nuclear medical market, leading to inefficient business practices and stagnant growth. Grupo RPH is the first private company in Brazil licensed to manufacture and sell cold kits, and has already signed on major clients such as Hospital Sírio Libanês, Albert Einstein Hospital, and Beneficiência Portuguesa.

Entrepreneurs: Sergio Bertucci & Milena Satyro Bertucci

Company: Star Think Uniforms (www.staruniforms.com.br)

While professional uniforms often look generic and fit poorly, Star Think Uniform’s custom- designed collections combine high fashion and functionality to ensure that employees always look their best. Founded in 2005 by Milena and Sergio Bertucci, Star Think Uniforms has designed unique collections for over 30 clients and is constantly adapting to increasing demand: having started in a 70 m2 production facility, the company has since outgrown five additional plants and now outsources production. In the next few years, Star plans to introduce new business intelligence tools and a proprietary clothing sizing technology.

Entrepreneurs: Marco Carvalho & Ivan Zorn

Company: Toys Talk (www.toystalk.com)

Toys Talk is setting out to prove that you can build a successful global business out of fun and games! Founded by Marco Carvalho and Ivan Zorn in 2008, Toys Talk creates, develops, and brings to market high-quality and high-tech toys for children. With headquarters in Belo Horizonte, Brazil, and Shantou, China, Toys Talk has a global presence and has been recognized by international industry magazines including Toys World and Toys News. The company’s explosive growth over the past two years has been driven by sales of existing product lines including Spark Dogz, one of the “Top 10 Most Wanted Toys in 2011” according to industry press.

Entrepreneurs: Gabriel Bottós & Rafael Bottós

Company: Welle (www.wellelaser.com.br)

Hoping to dominate a niche market in the manufacturing sector, Welle is innovating the Brazilian laser-cutting industry by providing reliable and efficient equipment to clients that will, in turn, provide better products and services to consumers. Currently, most laser machines on the market are needlessly expensive and energy-consuming. Welle manufactures cost-effective, durable, and precise laser cutting, tracing and cleaning machines that better fit the needs of most of the firms it serves. Barely six years-old, Welle is already Brazil’s leading laser technology supplier, with clients including Whirlpool, Bosch, and Petrobras, among others.

CHILE

Entrepreneurs: Juan Pablo Marín & Francisco Marín

Company: Eco-Lógica (www.eco-logica.cl)

Chile’s trash is Eco-Lógica’s treasure. Based in Santiago, where 98% of companies fail to comply with environmental policies, Eco-Lógica helps its industrial clientele reduce, reuse, and recycle. Juan Pablo and Francisco Marín have developed a comprehensive, end-to-end corporate waste management solution that allows clients to dispose of waste safely and efficiently. As the only player in Chile with its unique blend of waste disposal services, Eco-Lógica is uniting Chile’s formerly distinct waste management sectors for solid waste, hazardous waste, and recycling.

Entrepreneurs: Victor Vargas & Alex Parnas

Company: Urbano Design (www.urbanodesign.com)

Though its products are designed to protect, Urbano Design is breaking the mold of the mobile accessories industry. In the early 2000s, Latin Americans looking to personalize their electronic devices were limited to a few bland color options. Victor Vargas and Alex Parnas transformed this market with Urbano by combining function and fast fashion, quickly replicating catwalk trends and popular graphic designs to add aesthetic appeal to the latest tech accessories. Through its fully integrated supply chain, Urbano produces smartphone cases, laptop and tablet sleeves, headphones, and chargers that reach its 14 kiosks across Chile, Peru, and Argentina, as well as Latin America’s largest retail outlets, in as little as 20 days.

COLOMBIA

Entrepreneurs: Pablo Atuesta, Nicolás Borda & Juan Rebolledo

Company: Groncol (www.groncol.com)

With only 5m2 of green space per inhabitant, Bogotá is far from meeting the World Health Organization’s standard of 15m2 per resident for a healthy urban environment. Groncol seeks to reverse this trend and transform Colombia by designing, producing, and installing green walls and rooftops made of real plants and vegetation. Operating in a global US$6 billion market for vegetated infrastructure products, Groncol has built the largest green wall in the country (360 m2) and over 45,000 m2 of rooftops. It has added millions of dollars in economic value to its clients’ buildings, creating a measurable environmental impact with projects that compensate for CO2 emissions produced by thousands of individuals.

GREECE

Entrepreneurs: Sotiris Papantonopoulos-Mantopoulos & Manolis Marsellos

Company: Money-Market (www.money-market.gr)

With multiple insurance providers and offers to choose from, determining the right insurance policy can be tiresome, difficult, and costly. Sotiris Papantonopoulos-Mantopoulos and Manolis Marsellos established Money-Market, an online insurance aggregator, to create an easier and more affordable way for Greeks to compare and purchase automobile, motorcycle, boat, and home insurance policies. Money-Market currently operates the leading online insurance aggregator in Greece’s US$6 billion insurance market, facilitating tens of thousands of active policies in 2013. To continue to accelerate its growth, Money-Market plans to expand beyond auto insurance into health insurance in 2014, and pensions in 2015.

MEXICO

Entrepreneur: Eymard Arguello Mancilla

Company: Agua Inmaculada (www.aguainmaculada.pe)

Agua Inmaculada has made a splash in the clean-water technology market. Since founding the company in 2002, Eymard Arguello Mancilla has been developing new ways to bring clean, potable water to the base of the pyramid in Mexico. Today, over 50 million people in Mexico lack access to clean water. By selling water purification systems to small business owners, Agua Inmaculada (Immaculate Water) seeks to offer a low-cost, high-quality alternative to bottled water and the market-leading systems offered by multinational CPG companies. Nearly 5,000 small businesses have purchased Agua Inmaculada’s equipment, installing water purification systems that provide countless individuals access to clean water.

Entrepreneur: Mateo Dornier

Company: Campo Vivo (www.campovivo.com.mx)

All vegetables are not created equal. With the amount of chemical fertilizers and pesticides sprayed on produce, even the most nutritious fruits and vegetables can have negative effects on consumers’ health. Campo Vivo solves this problem by bringing high-quality certified organic produce and processed grocery goods to the Mexican consumer. With a commitment to offer farmers fair market prices and offer consumers high-quality, affordable, organic foods, Campo Vivo distributes the country’s largest selection of organic products to more than 800 supermarkets and coffee shops across Mexico, including Walmart and Starbucks outlets. Over the next few years, Campo Vivo plans to accelerate new product development, add additional big-name retail clients, and begin exporting to European markets.

MIAMI

Entrepreneurs: Lionel Carrasco & Marcela Henao

Company: Leapfactor (www.leapfactor.com)

Some products sell themselves; for everything else there’s Leapfactor. Too often, field sales teams selling 21st century products rely on 20th century tools: pen-and-paper contracts, paper brochures, and antiquated CRM systems. Moreover, the old methods fail to create the engaging, interactive experience that customers expect in the digital era. Lionel Carrasco and Marcela Henao founded Leapfactor in 2009 to reinvent field sales execution; Leapfactor’s mobile app, Salesfactor, is a sleek and intuitive product that provides the tools to increase revenues and efficiency. Operating in the US$25B B2B mobile app market, Leapfactor has succeeded in attracting premier clients across industries, such as Avon, AstraZeneca, L’Oreal and HD Supply.

SOUTH AFRICA

Entrepreneur: Bevan Ducasse

Company: wiGroup Pty Ltd (wigroupinternational.com)

The world of mobile transacting is growing so rapidly that merchants are unable to keep up with, integrate to, and update their stores for each of the ever-increasing transaction applications the market has to offer. wiGroup simplifies this process through its cloud-based software, the wiPlatform, which enables mobile transacting from any application at any merchant through a simple integration with a retailer’s POS system. Since launching its platform in 2011, wiGroup has already processed over three million transactions worth over US$200 million and expects to continue this rapid growth on the back of South Africa’s booming m-commerce sector.

URUGUAY

Entrepreneurs: Carolina Bañales & Agustina Sartori

Company: AdviseMeTech (www.advisemetech.com)

Whether shopping online or in stores, three quarters of female consumers find the process of finding and choosing the right makeup frustrating. Fortunately, Carolina Bañales and Agustina Sartori are revolutionizing cosmetics for the 21st century through AdviseMeTech, a web-based program that allows women to virtually try on makeup through their own uploaded images. The company’s B2B software is embedded in retailers’ websites, while its B2C ecommerce platform, GlamST.com, allows women to directly try on and purchase products online.

April 2014 Newsletter

April 2014To view Endeavor’s April newsletter, a recap of all the top news stories from the previous month, please CLICK HERE.

Reminder: To receive our monthly newsletters by email, please enter your email address in the sign-up box at the bottom of our homepage.

Endeavor Research Featured in Top Outlets Including The Atlantic, Inc. Magazine and The New York Times

IncNYTAtlanticRecent research released by the Endeavor network was featured in top news publications including The Atlantic, Inc. Magazine and The New York Times, highlighting a growing public interest in global entrepreneurship and the efforts of high-impact entrepreneurs.

Inc. Magazine, The Atlantic and The Atlantic Cities profiled Endeavor Insight’s findings on what entrepreneurs look for in a city and the qualities that prove most attractive to founders. Read a recap of the articles by clicking here.

In addition, research from Endeavor Greece on the country’s entrepreneurship and investment opportunities was mentioned in a piece in The New York Times and spotlighted in a BloombergTV interview with Endeavor Greece Managing Director Haris Makryniotis. Read about the research and view the interview by clicking here.

March 2014 Newsletter

March News Instagram

To view Endeavor’s March newsletter, a recap of all the top news stories from the previous month, please CLICK HERE.

Reminder: To receive our monthly newsletters by email, please enter your email address in the sign-up box at the bottom of our homepage.

16 High-Impact Entrepreneurs from 7 Countries Join the Endeavor Network

Jakarta Header

Jakarta, Indonesia- February 21, 2014 – Endeavor selected 16 high-impact entrepreneurs leading 11 companies in Egypt, Indonesia, Lebanon, Malaysia, Mexico, Saudi Arabia, and the UAE at its 52nd International Selection Panel.

Endeavor now supports 888 High-Impact Entrepreneurs from 569 companies in 19 countries. The entrepreneurs were chosen at a panel held from February 19 – 21 in Jakarta.

The International Selection Panel (ISP) is the culmination of a rigorous multi-step selection process. At the Jakarta ISP, business leaders from nine countries interviewed candidates about their businesses and high-impact potential, and then voted on whether or not candidates should become Endeavor Entrepreneurs.

“I want to welcome all of the new Endeavor Entrepreneurs to our network,” said Endeavor co-founder and CEO Linda Rottenberg. “I particularly want to congratulate our affiliates in Southeast Asia. Endeavor Indonesia organized and hosted this flawless ISP – the first to be held in Southeast Asia – and Endeavor Malaysia successfully selected its first entrepreneur.”

Post-selection, Endeavor provides entrepreneurs with customized services, including introductions to local and international business mentors and volunteers from Fortune 500 consulting firms. Endeavor Entrepreneurs have had a significant track record of creating thousands of jobs and building sustainable growth models in their home countries.

Endeavor will host four additional International Selection Panels in 2014. Locations will be Florianopolis, Brazil; New York, NY; Istanbul, Turkey and Miami, FL.

Brief descriptions of the selected entrepreneurs and companies follow.

JakartaISPNetworking

Members of the Endeavor network during an ISP dinner

EGYPT

Entrepreneurs: Mohamed Abdel Moneem Mostafa Abdel Moneem

Company: Al Sagheer Group (www.mohamedalsagheer.com)

Description: Al Sagheer Group operates 19 beauty services centers in Egypt, two in Dubai, UAE and one in Doha, Qatar. The centers provide an expansive offering of services, including hair, beauty, and spa treatments for men, women, and children of all ages. Al Sagheer Group also imports beauty products from premium brands like Guarani, Chanel, and Dior. The company sells directly to customers in its high-end, in-salon boutiques and also distributes them to other salons, pharmacies, and specialty boutiques in Egypt.

INDONESIA

Entrepreneur: Arief Widhiyasa

Company: Agate Studio (www.agatestudio.com)

Description: With over 120 developed games and partnerships with premier Japanese studios, Agate Studio is one of Indonesia’s leading game development studios. Agate Studio creates a wide array of B2C games available on mobile apps and online, including the popular and award-winning Football Saga 2. Agate Studio also creates advertising and learning games for companies seeking innovative methods to market themselves and provides instruction in a fun, unique way.

Entrepreneur: Grace Judio-Kahl

Company: Shape Up Indonesia (www.shape-indonesia.com)

Description: As the first medically-supervised health care service focusing on obesity and weight loss in Indonesia, Shape Up is helping countless women and men through treatments combining medical, psychological, and cosmetic therapies. The clinics offer patients a comprehensive selection of drug regimens, quick fat-reduction treatments, group therapy programs, sessions with personal trainers, and healthy meal plans.

LEBANON

Entrepreneur: Jean-Marc Ingea

Company: Elcir (www.elcir.com)

Description: Elcir manufactures and installs furniture and woodwork for luxury hotels, high-end residential units, and corporate offices. After rebuilding his father’s company following the Lebanese Civil War, CEO Jean-Marc expanded Elcir’s services worldwide, from the Atlantis Resort in the Bahamas to the presidential palace in Turkmenistan.

Entrepreneur: Jamil Corbani

Company: Green Studios (www.greenstudios.net)

Description: Green Studios designs and builds green walls and roofs, and provides its own independent landscape architecture services. Using its proprietary technology, which pumps water through a synthetic “skin” on which the plants grow, Green Studios’ builds walls that require three times less water than competitors. Green Studios has already worked with prominent Lebanese real estate developers and has secured projects in Dubai and Egypt to be completed in 2014.

1656040_532125126903103_1829021913_n

Entrepreneurs during the ISP Candidate’s Day

MALAYSIA

Entrepreneur:  Hakim Karim

Company: GridMarkets (www.gridmarkets.com)

Description: Launched in 2013, GridMarkets’ B2B exchange provides firms that use a fraction of their in-house data centers with the ability to recover costs from servers that sit idle during off-peak periods. For firms with variable and project-based needs, GridMarkets offers a flexible and low-cost server solution. Unlike the primary market, which charges for a pre-set amount of capacity regardless of usage, GridMarkets allows its clients to buy and sell server capacity on a “pay-per-use” basis with no minimum commitments.

MEXICO

Entrepreneurs:  Juan Carlos Feregrino & José Antonio Feregrino

Company: Grupo Delicias

Description: Since taking over the reins of their family-owned dairy farm in 2000, Juan Carlos and José Antonio Feregrino have expanded their original product offering from milk and dairy byproducts, using proprietary technology to develop cost-effective, value-added cattle feed to sell to dairy farmers and feed lots. Compared to traditional feed, Grupo Delicias’s alternative solution costs about 12% less and, with up to 100% more protein, provides the nutrition needed for efficient meat and milk production.

Entrepreneurs:  Gonzalo Abascal, Javier Solano & Armando Rasgado

Company: Linko (www.linko.mx)

Description: Linko is an IT consultancy and software developer that improves customer experiences at financial institutions, such as banks and insurance companies. It customizes an array of TIBCO and Pitney Bowes software that allows financial institutions to analyze customer transactions, communicate with customers effectively, and manage their customer service efficiently. Linko also develops its own software, ranging from white-label apps for banks to software platforms, to further enhance the customer experience.

Entrepreneurs: Pablo Pedrejón & Toby Clarence-Smith

Company: Petsy (www.petsy.mx)

Description: In the dog-eat-dog world of Mexican ecommerce, Petsy has become the leading online provider of pet supplies. Launched in June 2013, Petsy offers the widest and best selection of premium food, accessories, and care & maintenance products in Mexico. A fast, convenient, and affordable way to shop, Petsy ensures that pets receive the best care through its wide selection of competitively-priced pet supplies.

SAUDI ARABIA

Entrepreneur: Ebrahim Aljassim

Company: HungerStation (www.hungerstation.com)

Description: HungerStation is the hottest new method for ordering food in Saudi Arabia. Its website and mobile app facilitate online food ordering, tracking and delivery. Those who cannot cook or drive, or do not have the time for either, can select the perfect meal from the countless restaurants available through HungerStation. The company provides access to restaurants without existing delivery services, which has helped expand options for restaurants and customers alike.

UAE

Entrepreneur:  Mona Ataya

Company: Mumzworld (www.mumzworld.com)

Description: Mumzworld is the leading e-commerce retailer in MENA focused exclusively on products for expectant mothers and their babies, infants, and young children. Since its launch in 2011, Mumzworld has developed the largest online inventory available in the Gulf Corporation Council. By offering customers free returns, quick delivery, and a best price guarantee, Mumzworld maintains a high customer satisfaction rate. In addition to its customer facing e-commerce platform, Mumzworld provides businesses with advertising opportunities, discounted corporate sales, targeted sample distribution, and online storefronts for traditional retail stores.

EdgarBronfman

Global Chairman Edgar Bronfman, Jr. at the ISP’s closing gala

February 2014 Newsletter

CaptureTo view Endeavor’s February newsletter, a recap of all the top news stories from the previous month, please CLICK HERE.

Reminder: To receive our monthly newsletters by email, please enter your email address in the sign-up box at the bottom of our homepage.

Third Harvard Business School Case Study on Endeavor Details Expansion into Miami

Harvard Business School (HBS), working closely with Endeavor, profiled the organization’s U.S. expansion into Miami in a recent case study that explores Endeavor’s operating model, global strategy, and the rigorous decision process behind the establishment of a new affiliate. This is the third study conducted by HBS examining Endeavor’s work, with the first study (2003) focused on Endeavor’s plans for growth and the second study (2009) exploring the concept of high-impact entrepreneurship. In this latest case, the research led by HBS Professor William Sahlman examines both the economic conditions that made Miami an attractive choice for Endeavor’s first U.S. venture, and the steps Endeavor took to turn the idea into a reality. 

When the idea of Miami was first proposed in 2012, an evaluation of the city’s entrepreneurial ecosystem found that there was already a strong community of talent and a viable infrastructure, demonstrated by one of the highest rates of new business formation among the 15 largest U.S. metropolitan areas. However, since 2000, the number of large businesses in the area declined by more than 20 percent, coinciding with a rapidly rising unemployment rate. It was evident that there was a vibrant start-up scene in Miami, but a lack of consistent access to investment capital and mentorship opportunities prevented many of these small businesses from reaching the critical scaleup stage.

Supporting entrepreneurs at this level, when job creation and economic impact is most tangible, is where Endeavor’s “mentor capitalist” model would prove valuable to Miami and where members of Endeavor’s senior leadership saw a key opportunity to expand the organization’s mission. There were still questions, however, of whether a U.S. expansion would be consistent with Endeavor’s values and capabilities, and whether it was the best choice among so many other potential markets. What followed was careful consideration and debate around issues of funding, opportunity cost and organizational impact, outlined by the study in an examination of how Endeavor is working to foster high-impact entrepreneurship beyond just emerging markets, but in every region where there is a verifiable need.

Since the Miami affiliate was launched in September 2013, entrepreneurs Roger Duarte and Sam Gorenstein of My Ceviche and Jesus Rodriguez of KidoZen have already successfully been selected into the Endeavor network. Visit the HBS faculty & research site to see a list of their latest publications.

January 2014 Newsletter

Jan2014 NewsletterTo view Endeavor’s January newsletter, a recap of all the top news stories from the previous month, please CLICK HERE.

Reminder: To receive our monthly newsletters by email, please enter your email address in the sign-up box at the bottom of our homepage.

28 High-Impact Entrepreneurs from 12 Countries Join the Endeavor Network; First Entrepreneurs Selected from Miami (USA), Morocco and UAE

Dubai Header blog

Dubai, UAE – December 16, 2013 – Endeavor selected 28 High-Impact Entrepreneurs leading 20 companies from Argentina, Brazil, Egypt, Greece, Indonesia, Jordan, Lebanon, Mexico, Miami, Morocco, Turkey and the UAE at its 51st International Selection Panel.  Endeavor now supports 872 High-Impact Entrepreneurs from 558 companies in 19 countries. The entrepreneurs were chosen at a panel held from December 10 – 12 in Dubai, which also marked the official launch of a new Endeavor affiliate in the UAE. Panelists ranged from Silicon Valley venture capital executives to business leaders from 11 countries drawn from Endeavor’s extensive global network.  Two Endeavor Entrepreneurs – from Colombia and Jordan – also joined the judging panels.

The Panel was notable in highlighting Endeavor’s rapid expansion around the world in 2013. Three new Endeavor affiliates – Miami, Morocco and the UAE – brought their first candidates to an Endeavor event and all were selected by the judges.

“I’m thrilled about all the new Endeavor Entrepreneurs selected but particularly want to congratulate our first-ever entrepreneurs chosen from Miami, Morocco and the UAE,” said Endeavor co-founder and CEO Linda Rottenberg.  “This panel proved once again that great high-impact entrepreneurs can be found anywhere in the world.  Endeavor can provide the right mentors, networks and access to smart capital to help these businesses reach their full potential.”

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 candidates about their businesses and high-impact potential, and then vote on whether or not candidates become Endeavor Entrepreneurs. Post-selection, Endeavor provides entrepreneurs with customized services, including introductions to local and international business mentors and volunteers from Fortune 500 consulting firms. Endeavor Entrepreneurs have had a significant track record of creating thousands of jobs and building sustainable growth models in their home countries.

Endeavor will host five International Selection Panels in 2014.  Locations will be Jakarta, Indonesia; Florianopolis, Brazil; New York, NY; Istanbul, Turkey and Miami, FL.

Brief descriptions of the selected entrepreneurs and companies follow.

ARGENTINA

Entrepreneurs: Fernando Moya

Company: Ozono Producciones (www.ozonoproducciones.com.ar)

Description: Ozono Producciones has produced and promoted stage productions and live events for over a decade, showcasing Argentine talent both at home and in top locations worldwide. It finds creative talent, produces shows, and coordinates regional and international tours for both proprietary and licensed content. As co-owner of the Fuerza Bruta theater company, Ozono plays an integral role in the international staging of the global blockbuster Fuerza Bruta. Ozono is also responsible for the live show adaptations of Disney’s top children’s TV series Violetta, Topa, and Art Attack. Ozono recruits and trains local performers for each production, cultivating the next generation of artists and showcasing Argentine talent worldwide.

BRAZIL

Entrepreneurs:  André Massa, Felipe Salvini, and Luis Vabo, Jr.

Company: Sieve (www.sieve.com.br)

Description: Sieve’s price intelligence tool pulls critical pricing and product information from online retailers’ websites. The proprietary technology uses a “web crawler” to search thousands of websites daily for prices so that retailers, manufacturers, and distributors can track competitors’ products on Sieve’s easy-to-use website and change their own prices accordingly. The company boasts over 300 clients in Brazil, including Walmart and Samsung, and has raised two rounds of funding from Arpex Capital. Looking forward, Sieve aims to add more customizable features and expand to Mexico, Southeast Asia, and the US.

2

Entrepreneurs from Sieve in a panel interview

EGYPT

Entrepreneur: Ahmed Ragab

Company: Baraka Optics Group (www.barakaoptics.com)

Description: Baraka Optics Group (2008) provides unique and quality eyewear products with premium service to meet the design and pricing needs of Egyptian middle to upper-class consumers. Growing out of an importer and distributor of foreign goods by the same name (Baraka, 1979), Baraka Group is a trusted and well-established brand with over 30 retail locations in metropolitan and resort locations throughout Egypt. Through its C & Co. product line, Baraka Group became the first company to offer Egyptian-branded eyewear and target the underserved youth population with trendy, affordable products. The company also offers its services through an innovative pop-up retail application, C & Co. Express.

Entrepreneurs: Hazem Dalati & Fahed Dalati

Company: Crave Restaurants (www.ticoeg.com)

Description: Crave’s casual dining restaurants fill the gap between Egypt’s high-end hotel restaurants and international chains. Brothers Hazem and Fahed Dalati take month-long trips to international food exhibitions and foreign restaurants to follow dining trends. They then change the Crave menu quarterly with new fusion dishes that adapt global cuisine to Egyptian tastes through creative local ingredients. The Tico parent company includes a catering arm for corporate and private celebrations, and a hospitality management service that organizes large-scale events at two Cairo business parks. Crave plans to add five restaurants in Egypt and five throughout the MENA region within three years, as well as grow its catering business.

GREECE

Entrepreneur: Panos Paleologos

Company: HotelBrain (www.hotelbrain.com)

Description: HotelBrain, a leading hotel management firm, provides bespoke management and pre-opening consulting services to luxury boutique hotels, allowing owners to retain full control over their assets while improving guest experience and increasing revenue by an average of 20%. To improve the status quo within the hospitality industry, HotelBrain has established an education center to train management staff for placement within top hotels in the hospitality industry. HotelBrain isn’t just providing consulting services; the company is building an ecosystem, from managing hotels and consulting on new developments, to creating a community of hospitality insiders, and training the next generation of hotel management talent.

JORDAN

Entrepreneur: Omar Tabbaa

Company: EAT Restaurant Group (www.eat-jo.com)

Description: EAT offers four distinct themed restaurant brands in eleven locations across Jordan and Bahrain. The family-focused, alcohol-free EAT restaurants offer Italian, Asian, or modern Arab cuisine in thoughtfully decorated environments – and they stand out from typical traditional Jordanian casual dining experiences. Unlike foreign restaurant chain competitors, EAT focuses on sourcing ingredients locally with its own butchery and bakery to maintain quality and consistency and recently launched a customer loyalty card program, Group-wide food delivery service, and new shisha café brand. EAT plans to add 26 restaurants in eight countries over the next three years using its franchise model.

IMG_2853

Entrepreneurs during Candidate’s Day

INDONESIA

Entrepreneur: Hendy Setiono

Company: Kebab Turki Baba Rafi (www.babarafi.com)

Description: Kebab Turki Baba Rafi is the pioneer and leading consumer brand for Middle Eastern-inspired fast food in Indonesia. Baba Rafi manages 1,145 carts, stands and small store-fronts throughout Indonesia. Hendy Setiono, the entrepreneur behind Baba Rafi recently introduced the “Baba Rafi Academy,’’ an educational platform to develop the next generation of socially and environmentally responsible micro-entrepreneurs, many of whom gain professional experience as managers for his stores.

Entrepreneur: Elang Gumilang

Company: Elang Group (www.elanggroup.co.id)

Description: Elang Property makes the dream of homeownership a reality for thousands of lower-income Indonesians. A property developer based in Bogor, Elang Property focuses on developing subsidized houses. These houses are built with high-quality steel and concrete and are 36 square meters large and complete with two rooms, a bathroom and a kitchen. For every project, Elang Property also builds kiosks, which residents can purchase to establish small stores, and provides property management services, such as security and waste management. Beginning next year, Elang Property will transition to building affordable but non-subsidized houses and focus on expanding beyond Bogor.

LEBANON

Entrepreneurs: Mohamad Arayssi, Maha Arayssi Rifai

Company: Beesline (www.beesline.com)

Description: Founded in 1993, Beesline is a brand of natural personal care products developed and produced in Lebanon. Based on the science of apitherapy (the medicinal use of bee by-products), Beesline products  are rich in natural active ingredients that are free of additives like artificial coloring, fragrances and harsh preservatives. With over 150 SKUs, the products offer specialized treatments for a wide range of skin care problems, such as acne and eczema, as well as cosmetic needs like make-up and skin-whitening items. These products are sold in thousands of pharmacies and supermarkets throughout the region in Saudi Arabia, Iraq, Lebanon, Yemen, Jordan, Bahrain, Qatar, and the UAE, as well as through Beesline’s retail store in Beirut.

MEXICO

Entrepreneur: José Luis Correa Artasánchez

Company: Leonali  (www.leonali.com)

Description: Leonali offers ready-to-eat, pre-cut and washed vegetables that preserve their freshness and nutritional integrity 10-25% longer than the industry standard. Leonali sells kid-friendly healthy snacks such as carrots and dipping sauce, ready-made salads, loose-leaf lettuce, prepared vegetables for soup, and side dishes like ready-to-cook broccoli. Consumers can purchase these products nationwide at supermarkets, wholesalers, and in entrees at restaurants. Leonali is one of the first movers within Mexico’s emerging pre-cut vegetable market, which is only expected to grow as Mexican consumers’ awareness of healthy foods increases and more steps are taken to confront the country’s obesity epidemic.

Entrepreneur: Hugo Moreno

Company: Ver de Verdad (www.verdeverdad.mx)

Description: Ver de Verdad’s 13 retail stores sell quality, stylish eyeglasses and accessories to low-income Mexican consumers at affordable prices. The company aims to bridge the gap between high-priced designer eyewear and the inadequate eyeglass options supplied to the nation’s poor by public health groups. Ver de Verdad provides a full vision diagnostic service, first offering customers a free eye exam and then helping them choose attractive frames. The customer’s unique specifications are then sent to one of three Ver de Verdad beveling and distribution centers to cut, assemble, and deliver the final eyeglasses within one hour. Ver de Verdad stores are strategically located in working class urban neighborhoods and the company plans to expand to cities across central and northwestern Mexico over the next few years.

Entrepreneur: José Antonio Chaurand

Company: Periscopio Media (www.pmedia.mx)

Description: Periscopio Media is writing a new chapter for the Mexican publishing world with its four distinct magazine titles, available in both online and print formats. With magazines that specialize in contemporary art, Mexican millennial culture, professional design, and urban challenges, PMedia digs into vogue issues that attract a niche audience of “influencers” in Mexican culture and politics. A veteran in the publishing world, Periscopio Media also licenses out its services through Documenta, a consulting branch that executes for corporate clients on any publishing need, from writing to final distribution.

1

Taking a break between panel interviews

MIAMI

Entrepreneur:  Jesus Rodriguez

Company: KidoZen  (www.kidozen.com)

Description:  KidoZen is an enterprise mobile platform that provides a simple, secure and scalable middleware to integrate back-end and line of business capabilities into a companies’ mobile apps.  Despite a crowded competitive landscape, KidoZen has been successful in quickly securing customers from a range of industries and geographies.  Customers include:  the United States Army, Royal Dutch Shell, Rio Tinto and Huawei.

Entrepreneurs:  Roger Duarte and Sam Gorenstein

Company: My Ceviche  (www.myceviche.com)

Description:  Entrepreneurs Roger Duarte and Sam Gorenstein are securing customers throughout the Miami area with a fresh take on fast-casual dining:  seafood in the form of ceviche.  Ceviche, a dish popular in the coastal regions of Central and South America, is made from raw fish or shellfish marinated in citrus juices, spiced with chili peppers and accompanied by sweet potatoes, corn or avocados. Founded in 2012, My Ceviche currently delivers a tasty, fresh and affordable range of ceviches, salads, tacos, burritos and stone crabs in a fast casual environment.  The company currently operates in two locations with three more set to open in 2014 – including one at the Miami International Airport.

MOROCCO

Entrepreneur: Mourad Mekouar

Company: M2T (www.m2t.ma)

Description: In the absence of a centralized bill payment system in Morocco, Mourad Mekouar founded M2T, a multi-channel platform that enables un-banked customers at the base of the pyramid to pay bills, transfer money, and purchase mobile minutes and transportation tickets all in the same location – saving them time, money and energy. M2T processes over 40 million transactions each year, serving on average two million users per month through its 1,700 payment points across Morocco, Senegal and France. Having already captured 80% of the Moroccan bill payment market, M2T is poised to extend its service across MENA and Western Africa.

Entrepreneur: Youssef Chaqor

Company: Kilimanjaro Environment  (www.ekogeste.com)

Description: Kilimanjaro Environment is at the forefront of the green energy movement in Morocco. The company collects used cooking oil from restaurants and hotels, which it filters, treats, and resells to biodiesel manufacturers. It also resells fatty acid products to both biodiesel and feedstock production plants. Having recently launched a pilot biodiesel production plant, Kilimanjaro now also produces biodiesel in house. The company’s process not only eliminates and treats waste, but also helps reduce CO2 emissions and find new ways to create clean energy.

TURKEY

Entrepreneur: Emek Kırbıyık

Company: Düğün.com (www.dugun.com)

Description: Düğün.com (Turkish for “wedding”) is the biggest wedding planning platform in Turkey, connecting over 1,500 wedding vendors in 21 cities to engaged couples. Wedding vendors can create a profile on the website, showcasing their products and services to the thousands of engaged couples that use the website. These users, in turn, can explore vendor options in 30 wedding-related categories, from venues to photographers to gowns, in a convenient and easy-to-use portal. They can also contact the selected vendor directly for further information.

Entrepreneur: Bülent Tekmen and Çelik Ören

Company: İninal  (www.ininal.com)

Description: As the fastest-growing reloadable prepaid debit card provider in Turkey, İninal provides Turkey’s unbanked population with access to plastic. Ininal aims to become the bank for the unbanked, by offering İninal cards with online/offline transaction capabilities. The company plans to introduce new products with additional services like bill pay and money transfer. Founded in 2012, İninal has quickly created an extensive distribution network including top retailers and government offices, making its products accessible to 90% of Turkey’s population. The company has also shored up a strong loyalty program with a network of leading retailers, such as Samsung and Joygame, who provide İninal users discounts and special offers.

UAE

Entrepreneurs: Ravi Bhusari, Derv Rao, Brian Sigafoos

Company: Duplays (www.duplays.com)

Description: Based in Dubai, Duplays uses sport to engage communities, satisfying social and physical activity needs by removing the logistics and organizational hurdles that might otherwise deter participation. As a sports-network enabler, the company coordinates tournaments and leagues for individuals in over 20 sports, and has developed employee wellness programs for 65 corporations. Additionally, Duplays has hosted over 20 sports events sponsored by big-name brands looking to carry out initiatives to reach customers. Duplays recently launched two new initiatives: PlayPass, a technology platform to help sports/activities organizers plan and coordinate events, as well as franchising (already in Qatar, Jordan and India) to scale growth internationally.

Entrepreneur: Michael Lahyani

Company: Propertyfinder (www.propertyfinder.ae)

Description: Propertyfinder is an online real estate catalog that allows visitors to browse for free over 80,000 residential and commercial properties, posted by over 500 real estate agents in UAE, Bahrain, Qatar and Egypt. Users can filter their searches for price, location and size. Propertyfinder also publishes its own real estate tips and quarterly industry reports, as well as ‘Prestige,’ its luxury real estate magazine. Real estate agencies benefit from Propertyfinder’s one million monthly views, which generate over 120,000 monthly leads. In the coming years, Propertyfinder intends to expand throughout the Middle East.

SCS_9181

A panel deliberation moderated by Endeavor VP Allen Taylor

Contact us

Press center

Community

Newsletter Sign Up