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

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

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

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

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

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

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

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

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

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

 

A special thanks goes to Sarah Merians Photography & Video for capturing the celebrations.
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Mexico’s Jorge Soto Discusses the Future of Cancer Detection in TED Global 2014 Talk

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

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

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

Watch Jorge’s TED Talk below.

Endeavor Uruguay Gala Brings Together 750+ Network Members and Regional Influencers

EndeavorUruguayEndeavor Uruguay‘s annual Gala brought together more than 750 of the local network’s top stakeholders, including entrepreneurs, business leaders, investors, policy makers and more. With over 100 local and international companies represented,  the event also received coverage in a number of national media outlets, positioning itself as one of the top networking and entrepreneurship-focused gatherings in the country.

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The Gala attracted some of Uruguay’s most influential government and policy officials, including Vice President Danilo Astori, US Ambassador Julissa Reynoso, Presidential Candidate Pedro Bordaberry, and Minister of Industry, Energy and Mining Roberto Kreimerman. The night of networking and discussion also included an interview with Endeavor Argentina Board Member Gustavo Grobocopatel, one of Latin America’s top business leaders and president of agro-industrial giant Grupo Los Grobo. In addition, an Emerging Entrepreneur of the Year Award sponsored by EY was awarded to entrepreneurs Álvaro García, Ruben Sosenke and Ariel Burschtin, founders of Uruguay-based food delivery platform PedidosYa.

Watch a summary video of the event below or by clicking here.

Endeavor CEO Linda Rottenberg Featured On Fox Business’ After The Bell

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Fox Business’ After The Bell recently interviewed Endeavor CEO and co-founder Linda Rottenberg, highlighting the work of the organization and its impact in emerging markets. In the interview, Rottenberg discusses Endeavor’s mission to help entrepreneurs break through barriers to success by creating networks of support in the markets that need it the most.

Watch the full interview by clicking here or below.

Overcoming the barriers to entrepreneurship

Endeavor CEO Linda Rottenberg Discusses Her Entrepreneurial Journey in Business Insider

BusinessInsiderEndeavor CEO Linda Rottenberg was recently interviewed by OneWire‘s Skiddy von Stade about the Endeavor story and her own entrepreneurial path. The interview was featured in Business Insider, highlighting Linda’s journey from law school to Latin America and, ultimately, to co-founding the world’s leading supporter of high-impact entrepreneurs in growing economies.

Watch the two-part interview by clicking here and here, or below.

Endeavor Greece Reports on Youth Job Creation, Focuses on the Need for High-Impact Entrepreneurship

endeavor-greece-logo-454280Endeavor Greece recently released a report, titled Creating Jobs for Youth in Greece, which highlights the need for the country’s entrepreneurs to spur youth job creation. The report focuses on the stagnation of value-adding sectors, the necessity of startups for initiating a new growth era, and the promise shown by a generation of Greek youth who are more globally-minded and connected than ever before. The findings reveal that a change in the perception of entrepreneurship needs to happen, particularly among younger populations, which will only be possible if healthy role models and supportive institutions exist.

The report combines analysis of employment demographics from the Hellenic Statistical Authority and employment data from Manpower Employment Organization (OAED), in addition to two surveys conducted by QED and Endeavor Greece. Over the last six years, Greece suffered an unprecedented 25% reduction in GDP that has resulted in a contracted and languishing economy. The country’s youth population has been disproportionately affected by the crisis, with over 600,000 youths (<35 years old) unemployed. Job destruction in the youth sector corresponds to 55% of the total jobs lost during the crisis. However, only half of youth unemployment can be attributed to a sluggish economy  the other half is due to a hiring advantage felt by the age 35+ population.

Yet, young Greek entrepreneurs remain optimistic about their ability to start businesses of their own, as highlighted by past research from Endeavor Greece. The report makes several recommendations to empower future generations. First, identify and support the existing high-impact firms that are in a position to scale up. Second, lay the groundwork for entrepreneurs to launch new companies that will create high-growth jobs for youth as they scale. Combined, the 3,000 existing companies and 10,000 new high-growth companies could create a million new jobs within the span of seven years.

Watch a summary of Endeavor Greece’s findings below and read the full report by clicking here.

Linda Rottenberg Discusses Lessons in Entrepreneurship for Stanford’s eCorner Series

In this talk for Stanford’s Entrepreneurship Corner, Linda Rottenberg shares smart lessons for cutting an entrepreneurial path in a turbulent world. Touching on elements from her upcoming book, Crazy is a Compliment, Rottenberg unpacks insights from her personal journey and explores Endeavor’s work driving high-impact entrepreneurship in growing markets worldwide.

Watch the full video below and by clicking here.

2013 Endeavor Entrepreneur Summit Video: Roy Gilbert & Gina Bianchini

This video was filmed during Endeavor’s invitation-only 2013 Endeavor Entrepreneur Summit in San Francisco (June 2013).

Entrepreneurs rarely examine any one issue in isolation, and this fireside chat is no different: recruiting, investors, growth, product-market-fit, more growth, shifting products, inspiring the team successfully and more will be covered in this session. Join Gina Bianchini, CEO and founder of community platform Mightybell (and Ning before it) and Roy Gilbert, CEO of online social learning company Grockit and former head of Google’s Global User Operations as they dive deep into these topics.

GINA BIANCHINI is the Founder and CEO of Mightybell, the first community platform built to support networks of groups. Before Mightybell, Bianchini and Marc Andreessen co-founded Ning, the largest social platform for communities of interests and passions online. She served as CEO of Ning from its inception in 2004 to March of 2010, at which time Ning had 90 million monthly unique visitors, 46 million registered users and 300,000 monthly active communities across entertainment, politics, education and interests. Gina and Mightybell have been featured in Fast Company, Bloomberg Business Week, The New York Times and The Wall Street Journal.

ROY GILBERT is Grockit’s CEO. Prior to joining Grockit, Roy was the Director of User Operations and Policy for Google, and launched and led Google’s operations in India. Before moving to India, Roy was the business operations manager for the launch of Gmail. Roy began his career as an officer in the United States Navy, where he served onboard the attack submarine USS MIAMI (SSN-755) for several classified missions. Roy graduated with a BS in computer science from the US Naval Academy as well as an MBA from Stanford.

Two Mexico Entrepreneurs Named Schwab Foundation Social Entrepreneurs of the Year for 2014

schwab foundationThe  Schwab Foundation Social Entrepreneur of the Year Awards is an annual list of the top innovators driving global, regional and industry agendas to improve the state of the world. The 2014 list of 30 entrepreneurs includes two Endeavor Entrepreneurs from Mexico – Javier Lozano, co-founder of Clinicas del Azucar, and Patrick Struebi, founder of Fairtrasa. This honor demonstrates the impact of Endeavor Entrepreneurs in the social sector and the increasing global recognition of entrepreneurs working to transform under-served communities.

Javier co-founded Clinicas del Azucar (“Sugar Clinics”) with fellow entrepreneur Fernanda Zorrilla in order to serve diabetes patients in Mexico, where the disease claims the lives of tens of thousands each year. The chain of low-cost diabetes management clinics aims to address issues of prevention, treatment and awareness in low-income communities where proper care is often lacking. The Clinicas have reduced patients’ annual costs by 70% and lowered diabetes complication rates by 60%, addressing a critical socioeconomic issue with an innovative healthcare model. Since joining the Endeavor network at the 50th ISP in 2013, the entrepreneurs have been active in sessions with Endeavor mentors, developing a strategy to improve and expand upon their business model.

Patrick left the corporate sector after almost a decade in order to start Fairtrasa, a fair trade and organic produce company based in Michoacan, Mexico. Fairtrasa works with hundreds of small farmers in Mexico and other emerging economies in Latin America to produce and distribute high-quality organic and fair trade fruits, wine, and spices in international markets at reasonable prices. The social enterprise aims to help small farmers out of poverty while opening the global market to local goods, equipping its network with financial capital, training programs and technical support. Since his selection at the 39th ISP in 2011, Patrick has received custom advisory from Endeavor’s Venture Corps network while also regularly participating in leadership and fundraising events.

Other Endeavor Entrepreneurs who have been honored by the Foundation in past years include Mois Cherem of Mexico’s ENOVA, Felipe Vergara of Colombia’s Lumni, and Bedriye Hülya of Turkey’s B-Fit. View the full list of 2014 Awardees by clicking here.

Watch the Awards ceremony at the World Economic Forum on Latin America (April 1st – 3rd) in Panama City:

Endeavor Greece Research Spotlights Local Entrepreneurship Scene; Featured in The New York Times and BloombergTV

endeavor-greece-logo-454280Endeavor Greece recently released findings in an infographic highlighting  the nation’s burgeoning entrepreneurship scene, the rise in local startups, and the influx of both domestic and foreign investment capital. With ventures in the ICT sector dominating, Greece is steadily making waves in the tech and innovation space as entrepreneurs lead the way for the region’s economic recovery. Between 2012 and 2013, the number of startups in the country more than doubled according to Endeavor Greece’s research, which was also mentioned in a recent New York Times article profiling the nation’s expanding ecosystem. In addition, Managing Director of Endeavor Greece Haris Makryniotis talked with BloombergTV about the nation’s “startup movement” and the potential for local entrepreneurs to become high-impact job creators, citing  the research and his own experiences with Endeavor’s Entrepreneurs.  View the full interview below or by clicking here.

When it was announced in  late 2012, the launch of Endeavor Greece made headlines in the midst of the country’s political and economic turmoil. Endeavor, however, saw a prime opportunity to bring its model to a struggling region and support high-impact, high-growth entrepreneurs that could create jobs and transform industries. Watch Linda Rottenberg discuss the the decision to enter Greece in this 2012 CNBC interview.


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