The Citi Foundation granted $100,000 to Endeavor, specifically focused on Endeavor’s work in Egypt, Turkey and South Africa.
“The Citi Foundation has long recognized that real growth in the developing world will ultimately come from robust private sectors that encourage investment and innovation,” said Endeavor CEO Linda Rottenberg. “Citi has done so much to jumpstart private sector development worldwide. This grant reinforces their commitment to expanding employment and wealth across the emerging and developing world.”
Pam Flaherty, President and CEO of the Citi Foundation said, “We recognize the importance supporting small and growing businesses in developing markets. Not only do these businesses lead to the economic growth and development of their communities, but they provide increased employment opportunities for the residents of those communities as well. We are honored to support Endeavor’s outstanding work to identify and nurture high-potential entrepreneurs to achieve their business goals in Egypt, Turkey and South Africa.”