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Argentina’s Globant Raises $59 Million on NYSE; Second-Ever U.S. IPO for an Endeavor Company

Argentina’s Globant, founded by Endeavor Entrepreneurs Martin Migoya, Guibert Englebienne, Néstor Nocetti and Martin Umaran, had its U.S. IPO on July 18th, raising nearly $59 million. The Buenos Aires-based software development giant has become one […]

July 21st, 2014 — by admin

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Endeavor Company- Dynamo, becomes part of a PanAmerican Film Initiative

Endeavor Colombia company Dynamo has joined Participant Media’s PanAmerican Film Initiative, a five-year agreement to produce 10-12 Spanish-language films in Latin America. Dynamo will be joined in the Initiative by two other premier Latin American […]

February 27th, 2013 — by admin

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Learn more about Endeavor: attend an info session!

If you’d like to learn more about Endeavor, consider attending one of our public information sessions.

These relatively informal one-hour sessions, hosted at our main office in New York City at 900 Broadway (3rd floor), consist of a slide presentation which covers the basics of Endeavor’s model, our impact, and our entrepreneurs. In the past, everyone ranging from students and journalists to industry professionals have attended to get the “101″ on Endeavor and ask questions. (Note: if you are interested in job or internship opportunities, please continue to check the endeavor.org website.)

To learn more about these info sessions or to RSVP (required), please email justin-at-endeavor.org. If you belong to a group that wishes to arrange a private session, kindly email to discuss further.

Endeavor Entrepreneurs meet top designers and execs at New York fashion tour

By Karen Martell

**UPDATE: CHECK OUT YOUTUBE VIDEOS FROM THE EVENT BELOW **

Among the services that Endeavor offers to Endeavor Entrepreneurs are special tours and events. On November 10-11, Endeavor hosted its first-ever “Fashion and Design Spotlight,” a two-day event in New York City.

Why fashion and design?

Endeavor’s 2010 Gala, the capstone of the tour, honored Gilt Groupe, a popular e-commerce site that sells luxury brands for up to 70% off retail. In the spirit of fashion, Canem Arkan, Goldman Sachs fellow and member of Endeavor’s Entrepreneur Services team, organized the Fashion & Design Spotlight catered to fashion and design entrepreneurs.

What did the event entail?

4 Tours/Site Visits: Tour of Ralph Lauren’s new flagship store on Madison Avenue and “Behind the Seams” with Angel Sanchez, Cynthia Rowley, and Dennis Basso
2 Keynotes: Keith Miller, Partner at Goode Partners (consumer goods investor) and Maureen Case, President at Estee Lauder Companies.
3 Panels: Building Your Public Image; Global Expansion; and E-Commerce
Breakfast with the Founders of Gilt Groupe
Lunch with Glenda Bailey, Editor-in-Chief of Harper’s Bazaar Magazine

The presenters included:

Julia Leach, Founder of Chance and former Creative Director, Kate Spade
Miki Berardelli, Chief Marketing Officer, Tory Burch
Ellen Rodriguez, SVP International & Licensing, Juicy Couture
Ersin Akarlilar, CEO, Mavi Jeans
Jennifer Fleissl, Co-founder and President, Rent the Runway
Demet Mutlu, Founder and CEO, Trendyol.com (Gilt Groupe of Turkey)
Margaret Mager, Consultant, Liz Claiborne
Vanessa von Bismarck, Co-founder, Bismarck Phillips (Agency)

What were the key takeaways?

Some of the main themes highlighted were:

- Use technology to reach your customers, better understand your existing and potential markets, and streamline operations while cutting costs

- Define your authentic niche and when ready, carefully craft an effective global expansion strategy through retail, wholesale, and e-commerce

- When pursuing fashion/design ventures, don’t limit your sights to the US alone, but use local expertise to identify niches and opportunities in emerging markets as well

Endeavor December 2010 newsletter

To view Endeavor’s December newsletter, a recap of all the top news stories from the previous month, please click here.

Wall Street Journal features Linda Rottenberg, Endeavor

A profile of Linda Rottenberg and Endeavor appears in this weekend’s Wall Street Journal magazine. The article traces the origins of Endeavor, highlights several success stories of Endeavor Entrepreneurs, and features quotes from prominent network members. Check it out!

Endeavor plays a leading role in Global Entrepreneurship Week 2010

From November 15-21, Endeavor affiliates applied their ingenuity to the annual Global Entrepreneurship Week (GEW) — a program to inspire young people to become self-starters and innovators. For complete details on this year’s event, please visit local Endeavor websites, or view highlights below.

Click here to read a recap of GEW by Jonathan Ortmans (senior fellow, Kauffman Foundation).

Below are two videos Endeavor produced for the event:

Entrepreneurship: The Challenges

Entrepreneurs weigh in: “What’s the greatest barrier your business has ever faced?”

Highlights from GEW 2010:

Argentina

Along with partners, Endeavor Argentina led the second annual “Buenos Aires Entrepreneur Day,” a full day of workshops, talks, and special performances attended by more than 3,000 people. Click here to watch a video.

Brazil

Endeavor Brazil continued to lead the worldwide charge for Global Entrepreneurship Week Brazil which involved at least 400 partners and 3,000 activities, engaging more than 2.5 million participants. Endeavor made High-Impact Entrepreneurship part of the conversation. For instance, several Endeavor Entrepreneurs lectured and mentored youth in the Rio flavelas, and Endeavor Brazil also ran a TEDx in Sao Paolo to promote additional success stories. The office also ran five global activities: SNTG, Mentoring Madness, Imagine It, CTO, and Startup Weekend.

Chile

Along with several partners, Endeavor Chile sponsored “JumpStart Chile!” on November 19. JumpStart joined together 1,500 students, 200 teachers, and various political leaders to celebrate the close of “Aprendimiento,” a pilot entrepreneurship education program that was implemented over the past year and a half in seven vocational Puerto Montt high schools. Endeavor Entrepreneurs Tito Loizeau, Fernanda Maturana, and Francisco Seguel inspired the students by sharing their personal success stories. Learn more by viewing the Aprendimiento video.

Together with partners, Endeavor Chile also organized a day-long event on November 18 which included nine thematic workshops and brought together over 1,200 people. Endeavor Entrepreneurs Leila Velez, Julie McPherson, Pilar Marambio, and Michelle Boisier participated as speakers and workshop leaders. View the video to learn more.

Egypt

Endeavor Egypt held a kick-off GEW event called “How I See It: Experiences Shared,” which launched the LIFT-OFF initiative aimed to foster a culture of entrepreneurship among youth across North Africa. Activities included a virtual “IdeaLab,” high school and university competitions, capacity building and training at youth centers, and the launch of an Entrepreneurial Leadership Program for university students.

Jordan

Six Endeavor Entrepreneur companies participated in GEW events as partners and supporters–IrisGuard, Pharmacy1, Akhtaboot, Modern Media, Think Arabia, and CADER. Together they reached 50,000 students; through an Entrepreneurial Skills Campaign, CADER also trained 700 school teachers about entrepreneurial education.

Turkey

In 2010, GEW Turkey quadrupled in size, with almost 200 partners running over 200 events in 40 provinces. As one component of the week, Endeavor Entrepreneurs and university experts helped judge a Business Plan Competition for students at Özyeğin University.

Another highlight of the week was Speednetworking and Mentor Madness, featuring skills workshops and sector trends panels for 250 students from 20 universities in the Marmara region and 70 volunteers from various businesses, NGOs, and corporate partners. Check out a GEW blog post by Jonathan Ortmans for future insight into the local entrepreneurial landscape.

Two Endeavor companies to present at Chilean investment event (12/8; NYC)

Two Endeavor companies from Chile, Aguamarina (Pamela Chavez-Crooker) and Woodtech (Michael Yorston, Olivier Paccot) will be among the presenters at “Chile SME Investment Opportunities,” an event to take place on Wednesday, December 8 in New York City. To RSVP, email invest@prochile.us.

This will be the first of a series of events organized by ProChile, Trade Commission of Chile, designed to spotlight various successful Chilean SMEs to the US investor community.

The event will take place at Puro Chile (161 Grand Street) in New York City. Following registration (4:45-5 pm), the CEOs of five companies will present (5-6 pm). An hour of networking will follow, including traditional Chilean hors d’oeuvres and wines.

Aguamarina, selected in 2010 by Endeavor, is a biotech and biomining company with a technology that allows mines to extract more copper per ton than other traditional methods, with clients such as BHP Billiton.

Woodtech, selected by Endeavor in 2007, provides raw material measurement services with a flagship product, the Logmeter® 4000, which uses cutting-edge 3D laser technology to automatically measure volume–with a range of global clients.

Two other IT companies will also present, Gled and Wiseconn, along with the medical device company Surikat.

15 Entrepreneurs from South Africa, Colombia, and Mexico selected at Cape Town ISP

Endeavor invited 15 High-Impact Entrepreneurs from South Africa, Colombia, and Mexico to join its network at its 37th International Selection Panel held in Cape Town, South Africa November 17-19. Endeavor now supports 555 High-Impact Entrepreneurs from 358 companies.

The newest Entrepreneurs were selected by top business leaders from the United States, Europe, and South Africa. In addition to the selection panel, on November 17th participants attended the 2nd annual Global Entrepreneurship Week summit “The State of Entrepreneurship in South Africa.”

This was Endeavor’s sixth selection panel in South Africa since establishing the office in 2004. Endeavor South Africa brought 11 candidates from six companies, out of which six Entrepreneurs were selected. The affiliate’s increased search and selection capabilities, particularly among entrepreneurs from previously disadvantaged groups, have been supported in part by a grant from the Citi Foundation. Citi has also provided support for 2010/2011 Endeavor search and selection activities in Egypt and Turkey. Learn more about the Search & Selection process here.

The companies/Entrepreneurs selected are:

Campoalto (Colombia)
Entrepreneurs: Andrés Angulo, Alvaro Hoffmann, Hugo Fernando Novoa

Campoalto is an education company that operates 16 career certification programs at five “campus” locations in Bogotá. Programs cover offerings in the Health Care sector and, more recently, Hotel Management and Food Services.

Cibecs (South Africa)
Entrepreneur: Richard Dewing

Founded in 2004, Cibecs provides enterprise-wide, centrally managed, automated and secure data protection and recovery services for desktops and notebooks. Its product, Cibecs Continuity, allows clients to easily and quickly recover lost data, reducing infrastructure utilization and optimizing bandwidth and storage usage.

Cinemagic (Mexico)
Entrepreneurs: Roberto Quintero Vega & José Irigoyen Palacios

Cinemagic builds and manages high-tech, modern movie complexes in regional Mexican cities with populations of 50,000-150,000.

Integr8 (South Africa)
Entrepreneurs: Lance Fanaroff and Rob Sussman

Integr8 IT is now the largest privately owned Information, Communications and Technology (ICT) Company on the African continent. It currently supports and regulates the ICT environment of many of South Africa’s leading organizations including Microsoft South Africa, Ernst & Young and Nedbank.

Masana (South Africa)
Entrepreneur: Cynthia Mkhombo

Masana Hygiene Services provides office cleaning programs for clients in a full range of corporate, retail and commercial sectors. In six years, Masana has grown from 7 to over 750 employees, the majority of whom are women.

Neve Gelato (Mexico)
Entrepreneur: Francisco Xavier Briseno Sanchez

Founded in 1999 as Mexico’s first Italian-style ice cream chain, Neve Gelato has built its brand name and retail presence in Mexico City, currently operating 26 shops, and has plans for major expansion throughout the country.

Pabisan (Mexico)
Entrepreneur: Enrique Antonio Ramon Eisenring

Puebla-based Pabisan produces specialty bakery products such as low-sugar and gluten-free bread. Its business lines now span several markets to include a high-end retail bakery franchise, wholesale production for leading domestic supermarkets and exports to American supermarkets.

PagosOnline (Colombia)
Entrepreneurs: Jose Fernando Velez and Martin Schrimpff

PagosOnline has become a domestic industry leader, capturing 80% of the transactions of the Colombian e-commerce market. The company specializes in integrating local forms of payment—such as cash or bank transfers—into their online payment platform.

SYNAQ (South Africa)
Entrepreneurs: Yossi Hasson and David Jacobson.

SYNAQ offers email and internet security products based on the Linux open-source software to both large enterprise and SME clients.

2010 Endeavor Gala raises over $2 million, honors Gilt Groupe

On November 11th, more than 560 people gathered in New York City at 583 Park Avenue for the 2010 Endeavor Gala, which raised over $2 million. Business leaders from 14 countries, top entrepreneurs, and venture capitalists wined, dined, and schmoozed with the greater Endeavor network at this annual event, co-chaired by Clarissa & Edgar Bronfman, Jr. and Nicholas Beim.

Honored as High-Impact Entrepreneurs of the Year, the founding team of Gilt Groupe participated in a panel where they discussed working at a startup, trends in e-commerce, and building a world-recognized brand. Hailed by Vogue as “the online shopping phenomenon,” Gilt provides access to high-fashion and luxury goods at discounted prices.

A live performance by rising star Bruno Mars ended the evening on a high note, with attendees out of their chairs and dancing.

  • Panel discussion with Gilt Groupe, moderated by Nick Beim

    Endeavor CEO and Co-Founder Linda Rottenberg discusses the organization’s impact, direction, and role in the Middle East

    Andy Freire, Endeavor Entrepreneur and Endeavor Argentina Board Chairman, tells his story

    Spotlight:

    Speech:

  • Chile’s major bank creates $42 million credit fund for SMEs

    In a landmark initiative to stimulate entrepreneurship and increase financial support for SMEs, the Bank of Chile signed a strategic alliance with Endeavor. Learn more about the program here.


    Endeavor Chairman Salvador Said (left) with Arturo Tagle, CEO of Banco Chile (right)

    Under the agreement, the bank’s SME division earmarked a US$42 million credit fund to alleviate the financial needs of select high-growth entrepreneurs (including Endeavor Entrepreneurs) who will be screened by Endeavor as part of the alliance.

    The president of the Bank of Chile’s SME division, Rodrigo Tonda, remarked, “considering that SMEs account for almost 80% of the country’s welfare and are driving the national company, the Bank of Chile viewed this partnership as a vital tool to promote the development and scale of Chilean SMEs.”

    Alan Farcas, Managing Director of Endeavor Chile, contributed that “the initiative is revolutionary and unprecedented as it opens up a significant amount of resources to SMEs who have always wanted to take the next step but traditionally had limited finance options.”

    The program is in many ways similar to Endeavor Turkey’s partnership with Akbank, announced last May.


    L to R: Mauricio Baeza (Head of Business and Market Risk Division), Arturo Tagle, Alan Farcas (Managing Director, Endeavor Chile)


    L to R: Pedro Assael (Manager of Marketing and Personal Markets), Rodrigo Tonda (Manager of SME Banking), Salvador Said, Alejandro Herrera (Commercial Bank Manager)

    Endeavor participates in landmark entrepreneurship event in the Middle East

    This week, Endeavor announced an alliance with Abraaj Capital, the largest private equity group in the Middle East, North Africa, and South Asia (MENASA), to accelerate Endeavor’s expansion in the region and provide expanded services. Click here for the full press release.

    The alliance was announced during “Celebration of Entrepreneurship” (November 8-9) in Dubai, a landmark gathering of 2,400+ entrepreneurs, business leaders, and youth in the region. Hosted by Abraaj Capital, this free-of-charge “unconference” featured a full program containing hundreds of keynotes, roundtables, and interactive sessions. Participants, who dressed casually (“Suits and ties are not allowed”) to reflect the unconventional and relaxed atmosphere, had dozens of program options at any given time, and used wireless Spotme devices to navigate session info, locate fellow participants, and trade business cards virtually.

    The event featured numerous announcements including the launch of Abraaj’s own Riyada Enterprise Development (RED), a $500 million SME investment fund, and its new online portal Wamda, designed to be the region’s definitive online portal and social hub for all things entrepreneurship.

    The Abraaj-Endeavor alliance announcement was made on the main stage, following a joint interview with Endeavor co-founders Linda Rottenberg and Peter Kellner. Numerous Endeavor board members, VentureCorps mentors, staff, and Entrepreneurs attended and played prominent speaking and organizational roles in the Celebration event, including Naguib Sawiris (Chairman, Endeavor Egypt), Fadi Ghandour (Founding board member, Endeavor Jordan), and Gregory Ericksen (Global Advisory Board member).

    Endeavor also hosted two “Passion Corners.” One session featured Mohamad Haj Hasan (Jordan), Ahmed Metwally (Egypt), Ali Özgün (Turkey), and Melih Ödemis (Turkey). Another session of Turkish Entrepreneurs featured Bedriye Hülya, Firat Isbecer, Başar Akpınar, and Yunus Güvenen,
    moderated by Selçuk Yorgancıoğlu from Abraaj Turkey.

    The three Endeavor Entrepreneurs from Think Arabia / Kharabeesh in Jordan, Firas Al Otaibi, Wael Attili, and Mohamad Asfour, created the much-discussed official animation videos for the event.

    Please stay tuned for photos and additional multimedia from the Celebration.

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