Endeavor Greece released an infographic and video to highlight the office’s impact during its two year anniversary. The team supports some of the region’s top high-impact entrepreneurs who continue to drive sustainable job creation and contribute to a growing business ecosystem. Currently, Endeavor Greece’s network includes 16 entrepreneurs from 11 companies who have managed a total turnover of €110 million and have created over 3,500 direct and indirect jobs.
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.
Eighty percent of the jobs created by Endeavor Greece entrepreneurs are in rural areas in sectors with a competitive advantage, including agriculture and tourism, or in sectors undergoing broader restructuring, such as financial services.With Endeavor’s support the network’s 16 entrepreneurs are present in 48 countries and have attracted more than €25 million of investment, benefiting from Endeavor’s strategic partnership with National Bank of Greece. View a video recap of the team’s impact below.
Through a powerful network of 3,000 business leaders worldwide and strategic partners in Greece (National Bank of Greece, ΕΥ, Deloitte, DDB/Tribal, Microsoft)and globally, Endeavor supports entrepreneurs in three main areas: access to markets, access to debt and investment, strategic advice for financial management, HR, branding and communication.
Haris Makryniotis, Managing Director Endeavor Greece comments: “Two years after Endeavor Greece launch, we are optimistic about the future of high-impact entrepreneurship in Greece. In times (2012-2014) when the country’s GDP decreased by 15% and employment by 20%, Endeavor entrepreneurs in Greece have managed to increase revenues by 79% and jobs by 45%. Over the next three years, our target is to expand our network and help our network’s companies to create a total of 15,000 direct and indirect jobs.”
Learn more about Endeavor Greece’s impact by clicking here.