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Brazil’s Bebê Store Announces Acquisition of Competitor Baby.com.br; Receives Investment From Endeavor Catalyst

Bebê Store, a leading online baby goods retailer in Brazil co-founded by Endeavor Entrepreneur Leonardo Simão, recently announced the acquisition of Baby.com.br, one of its main competitors in the region. In addition, the company successfully raised a $12.3 million […]

July 24th, 2014 — by admin

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Endeavor Company-Movile, invests 5.5 Million in iFood

Movile, a Brazilian software development company for mobile phones that was founded by three Endeavor entrepreneurs, has decided to heavily invest in a new start-up. The company is investing USD $5.5 million in iFood, a […]

February 11th, 2013 — by admin

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Upcoming event: California selection panel (Sept 29 – Oct 1)

Sept 29 – Oct 1 * Pebble Beach, California

At this one-of-a-kind International Selection Panel (ISP), we’re excited to bring together our emerging market entrepreneurs with Silicon Valley’s top innovators. Marking the positive momentum of Endeavor’s new San Francisco office, come be part of our first-ever West Coast ISP!

To learn more or to register, please click here.

Chilean Entrepreneur Julie McPherson on a new initiative

Guest Post by Endeavor Entrepreneur Julie McPherson:

The first Pathways to Prosperity Summit had a profound effect on the Endeavor Entrepreneurs from Chile. As participants, we each have our own successes and insights to share, but grew much closer as a group within Pathways. I suppose that has to do with the strength of the Endeavor network effect!

The most important question, or challenge rather, proposed by Pathways at the end of the summit was, “What will you do locally now, given all that you have learned here in DC? How will you keep the momentum going?”

Upon returning to Chile, the five of us formed an initiative that we call Impakta. The objective is to achieve locally the goals and structure of the Pathways to Prosperity program initiated by Secretary of State Clinton, but with certain differences that are relevant to our market realities. Impakta looks to satisfy real support needed at professional levels for women entrepreneurs in a critical moment in their business cycle. This is our collective initiative. It is how we are giving back to Pathways and helping to foster other non-Endeavor local women so that they may have access to a professional network of help from mentors here.

Impakta will be holding a strategic planning session this November. We hope to get all of the important stakeholders — leaders in the academic field on female entrepreneurialism, possible mentors and mentees, and Endeavor team members — to join us in this exciting initiative.

Saludos from Chile!

Julie McPherson is an Endeavor Entrepreneur. Her company, Tiaxa, was selected in 2008 as part of the 25th Global International Selection Panel. Tiaxa is a full service provider for the telecom industry, serving Latin America’s wireless, broadband and digital content markets with pricing, rating, mediation, revenue assurance, data retention and SLA management functions, specializing in on-demand and prepaid data services.

Entrepreneur Spotlight – Shane Immelman

Shane Immelman, founder and CEO of Lapdesk, celebrated the 2010 FIFA World Cup in a special way. In partnership with the car manufacturer Hyundai, his company brought 4,500 underprivileged schoolchildren in South Africa to attend live World Cup matches. The children were picked up at their schools, provided with a backpack and blanket, and treated to an experience of a lifetime.

Lapdesk and Shane have been the subject of numerous news stories and Harvard Business School case studies. Since late 2004, the initiative has manufactured and distributed more than 800,000 Lapdesks (portable, ergonomically-designed writing desks) to schoolchildren in need. Shane’s goal is to eliminate the 4 million desk shortage in South Africa, and significantly address the estimated shortage of 400 million desks in other African countries and globally.

Most recently, in a July 21st event, Archbishop Emeritus Desmond Tutu was on-hand for a giveaway of 1,000 lapdesks to Lwazi Public Primary School outside of Cape Town.

Shane remains an active member of the Endeavor community. Since being selected in September 2006 and receiving a range of services (e.g., mentorship, town hall meetings, eMBA and G-Lab programs, Immersion Tours, market-scoping trips), his revenues have grown by 2,100% and number of jobs by 617%. Shane remains a strong ambassador and pioneer for Endeavor South Africa.

Linda Rottenberg offers life lessons on Women’s Forum

CEO Linda Rottenberg was featured this month on Maria Shriver’s “Women’s Conference” website, offering a range of personal and professional life lessons. Click here to read Linda’s article.

15 Endeavor Entrepreneurs participate in Colombia Immersion Tour

From June 30th to July 2nd, Endeavor Colombia—with important logistical support from Endeavor Uruguay—hosted an Immersion Tour. Fifteen Entrepreneurs and two VentureCorps from Argentina, Chile, Mexico, and Uruguay visited Bogotá to identify business opportunities, participating in a range of meetings and forums with entrepreneurs, business leaders, investment funds, consultants, and investment promotion agencies.

Overall, sessions stressed Colombia’s growing attractiveness to investors, and the various investment resources available to entrepreneurs within Colombia. More broadly, participants came away with a renewed appreciation for “looking outward.” International markets, the Tour reinforced, can be a valuable source of business models, products, and services that can be replicated and imported locally; rather than seeing foreign businesses as competition, entrepreneurs can learn from and adapt them, and in many cases find opportunities for partnership and investment.

Gina Bianchini, Greg Ericksen, Jeffrey Rosen, and Seval Oz join our Global Advisory Board

We’re excited to announce the addition of four new members to Endeavor’s Global Advisory Board – Seval Oz and Gina Bianchini from our growing California Network; Jeffrey Rosen from our New York network, and Greg Ericksen from our nascent London network.

Gina Bianchini is the Co-Founder of Ning, the largest social platform for interests and passions in the world, and is currently with the venture capital firm Andreessen Horowitz as an Entrepreneur-in-Residence.

Greg Ericksen is Ernst & Young’s Global Vice-Chair for Strategic Growth Markets and the Global Director of “Entrepreneur of the Year,” a program which recognizes and celebrates leading entrepreneurs in more than 50 countries.

Jeffrey Rosen is a deputy chairman and managing director of Lazard with over 30 years experience in international investment banking and corporate finance.

Seval Oz is Vice President Finance & Business Development at Cuil—a start-up search engine that ranks results according to a unique relevance algorithm.

Acquisition update: Three Melons to become a Disney company

On July 27, the Walt Disney Company announced it had agreed to acquire Playdom Inc., one of the fastest social gaming companies in Silicon Valley, for up to $763.2 million. On March 31, Playdom itself had acquired Three Melons, an Endeavor firm selected in 2008.

As a participant in Endeavor’s 2009 Mentor Capital program pilot, Three Melons founder Mariano Suarez Battan attended workshops and received specialized coaching, key introductions, and assistance pitching the business to potential investors and evaluating terms—ultimately leading to the firm’s acquisition by Playdom.

Elmira Bayrasli interviewed by Dowser

Elmira Bayrasli, VP of Policy and Outreach at Endeavor, was recently interviewed by Dowser about her previous experiences working on the connection between economic growth and social transformation, as well as Endeavor’s approach in fostering entrepreneurial spirit.

Click here to read the full article.

11 new Entrepreneurs selected at Turkey ISP

From June 13 – 15, Endeavor Turkey held its third International Selection Panel and selected 11 new Endeavor Entrepreneurs, representing eight companies from all four participating countries at the ISP. This brings our total to 517 Entrepreneurs selected from 336 companies.

Congrats to our newest Endeavor Entrepreneurs!

Jeeran (Jordan) – A vibrant web community platform that provides the Arab world with the latest web technologies and the means to communicate and connect. Jeeran was founded by Omar Koudsi and Laith Zraikat and is now the leading online community for user-generated content in Arabic.

Mastretta (Mexico) – The first Mexican sports car company, developed by a Mexico City based transportation design company with 20 years experience in the field of specialized vehicle design and led by Carlos Mastretta.

MexQ (Mexico) – Founded by Oscar Carillo Munoz, MexQ provides quality control services for the automotive and industrial manufacturing industries.

Mutfak Sanatlari Akademisi (MSA) (Turkey) – MSA is the first private culinary school in Turkey and the only culinary school with both international and domestic accreditation, offering courses certified by the UK’s City & Guilds Agency as well as the Turkish Ministry of Education. Surprisingly, founder Mehmet Aksel is not a cook!

Previta (Mexico) – Provider of timely and effective disease prevention and management services that curb the onset and progression of poor health in Mexico. Previta was founded by brothers Dr. Morgan Guerra Gea and Christian Guerra Gea.

Rafinera (Turkey) – Didem Altinbasak Tulgan founded Turkey’s first packaged daily meal plan service, which caters to clients with special dietary needs and goals.

Socomal (Chile) – Agricultural company founded by Patricia Cuevas that cultivates, processes and sells lupin to Europe, Asia, Africa and America.

Youtholding (Turkey) – Youtholding consists of three youth-specialized agencies: The Uniclub ( Youth marketing), Egitisim (youth-development and campus recruiting), and Youth Media (digital youth marketing and market research). Youtholding was founded by Emrah Kaya who has since joined forces with Aslı Caner.

PricewaterhouseCoopers partners with Endeavor Argentina

PricewaterhouseCoopers (PwC), one of the world’s largest professional services and auditing firms, has announced a partnership with Endeavor Argentina to provide Endeavor Entrepreneurs with ongoing strategic support. PwC will offer training modules and workshops on proper auditing practices and issues related to effective management and growth preparation. PwC partners and professionals have also offered hours of mentoring and support on strategic issues such as tax planning, international trade, corporate law, HR management, and information security.

“The great challenge of our entrepreneurs is to generate sustainable, long-term businesses, and think big,” said Endeavor Argentina MD Alejandro Mashad. “We’re honored to have the support of PwC to help our entrepreneurs achieve these important goals.”

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