Endeavor selected 28 High-Impact Entrepreneurs from seven countries (Chile, Egypt, Jordan, Lebanon, Mexico, South Africa and Turkey) at its 40th International Selection Panel. Endeavor now supports 632 High-Impact Entrepreneurs from 399 companies in 12 emerging growth countries. The entrepreneurs were chosen at a Panel held from October 17–19 in Amman, Jordan.
“This panel in Amman is proof that despite the economic challenges around the world, entrepreneurs continue to innovate, create new jobs and build high-growth companies,” said Endeavor Co-founder and CEO Linda Rottenberg. “We continue to be impressed by the caliber of entrepreneurs we’re seeing. By the time they arrive at an International Selection Panel, these entrepreneurs have already passed through a rigorous 12-18 month screening process including numerous local panels. Thousands of entrepreneurs participate each year, and throughout the process they receive concrete feedback that helps them build their businesses.”
Endeavor’s next scheduled International Selection Panel will be held in Uruguay in December, followed by Panels in Dubai in March 2012 and London in June 2012. Post-selection, Endeavor provides entrepreneurs with customized services provided by local business mentors and volunteers from Fortune 500 consulting firms and top U.S. business schools. Endeavor Entrepreneurs have had a significant track record of creating thousands of jobs and building sustainable growth models in their home countries.
During the ISP, Endeavor also held its inaugural Global Acceleration Panel (GAP), whereby existing Endeavor Entrepreneurs are able to “re-live” the ISP experience through interviews with expert panelists — with the key difference of being able to join the final “deliberation” and interact with the full panel. Marcelo Romcy and Carlos Pessoa from Brazilian tech firm Proteus, an Endeavor company, were the first GAP participants, gaining feedback on key challenges from panelists Jason Green, Samih Toukan, Chris Schroeder, Fawaz Zu’bi, Vuslat Doğan Sabancı and Jorge Errázuriz. Specific feedback from the panel included commentary on Proteus’ expansion plans, service vs. product offerings, and human resources. Enthusiastic about the GAP, Marcelo encouraged Endeavor Entrepreneurs to inquire about the program, and expressed interest in participating again in the future.
Note: scroll to the bottom to view an entertaining video of the Jordan ISP, produced by Endeavor Turkey.
Entrepreneur(s)/Companies selected at the ISP:
Entrepreneur: Dominique Rosenberg
Company: DBS Chile
Description: DBS Chile is an innovative makeup and beauty supply retailer that operates concessions inside major department stores and, more recently, a free standing boutique.
Entrepreneurs: Andres Rojas, Cristobal Forno, Erwin Andia, Nicolas Gallardo
Description: The clear frontrunner to capitalize on Chile’s US$1 billion market for online trading, ForexChile plans to go beyond domestic market leadership to build the E*Trade of Latin America.
Entrepreneurs: Tarek Sryo and Alaa Sryo
Description: One of Egypt’s largest manufacturers of stationery supplies (pens, notebooks, etc.), SASCO is rapidly expanding throughout the region through a new e-commerce platform and plans to expand to five to six new markets each year.
Entrepreneur: Ammar Sajdi
Description: RealSoft makes turnkey national statistics solutions capable of managing the collection process of data for general censuses and national indicators like the Consumer Price Index (CPI). As the first mover in this niche market, RealSoft services governments in eight countries and has established offices in the UAE and Oman.
Entrepreneurs: Hussam Hammo, Sohaib Thiab, Afif Toukan
Company: Wizards Productions
Description: Wizards is a leader in the regional online gaming market, having localized three online games and developed ten games of its own, serving more than 700,000 registered users. It is the first MMO (massively multiplayer online) browser-based game development company in the Middle East.
Entrepreneur: Labib Shalak
Description: Founded in 2003, MobiNetS enables mobile phone operators to make better informed business decisions by providing them with a dynamic, end-to-end view of their networks.
Entrepreneur: Jad Khoury
Company: Print Works
Description: With offices in Beirut and Dubai, Print Works is the leading diversified printing shop and production company for marketing campaigns in the MENA region.
Entrepreneurs: Gabriel Manjarrez and Pedro Zayas
Description: This Mexico City-based company acts as an intermediary between cell phone service providers and the unbanked, offering post-paid cell phone plans to people who otherwise would not have access because they lack a credit card.
Entrepreneurs: Diego Creel and Oswaldo Trava
Company: Lo Mio es TUYO
Description: TUYO buys small household goods and electronics from customers or third-party businesses and re-sells them in 10 stores in and around Mexico City. The two entrepreneurs are professionalizing the purchase and sale of pre-owned goods in Mexico, an industry that historically has been limited to pawn shops and outdoor markets.
Entrepreneurs: Luvuyo Rani and Lonwabo Rani
Description: Silulo has grown from a single internet café to a company that offers computer training courses, internet café and business center services, and IT retail and repair. In the process, the Rani brothers have matured from two township kids selling refurbished computers out of their truck, to nationally recognized businessmen and role models.
Entrepreneur: Ersan Ozer
Company: Magnet Digital
Description: Founded in 2005, Magnet Digital is a digital media holding company with a suite of sites that collectively attracts 11 million monthly unique visitors.
Entrepreneurs: Sidar Sahin and Hakan Bas
Company: Peak Games
Description: Founded in October 2010 by one of Turkey’s top internet entrepreneurs (Sidar Sahin) and a former Endeavor intern (Hakan Bas), Peak Games is bringing top quality Facebook games to emerging markets. Until recently Peak has only targeted the Turkish market and it is already among the top ten gaming companies globally, with 4 million Daily Active Users (DAU). Recently the firm launched games in Arabic and Spanish.
Entrepreneurs: Deniz Oktar, Selcuk Atli, Baris Can Daylik
Description: By layering data from Facebook’s Open Graph over data used in traditional recommendation engines, SocialWire matches online retailers’ clients with products that match their specific tastes. SocialWire has created a unique Facebook ad optimization product.