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The Christian Science Monitor, a U.S.-based international news publication, recently profiled Endeavor CEO Linda Rottenberg and the story of Endeavor, spotlighting the organization’s journey and its rapidly growing global impact. In particular, the article calls […]
April 16th, 2014 — by adminRead more
In the news
Colombia’s Refinancia Announces Majority Acquisition By Encore Capital; Plans Expansion in Latin America
Refinancia, founded by Endeavor Entrepreneur and Colombian Board Member Kenneth Mendiwelson, recently announced news that the California-based Encore Capital Group has purchased a 51% stake in the company. An entrepreneur success story in Colombia, Refinancia’s announcement demonstrates the […]
February 28th, 2014 — by adminRead more
Latest Video(video) Two Mexico Entrepreneurs Named Schwab Foundation Social Entrepreneurs of the Year for 2014
March 26th, 2014
Endeavor Egypt entrepreneur Yasmine Shihata launched an Arabic version of her successful English-language lifestyle and business magazine, Enigma. The new regional magazine is called Enigma Star, and fittingly, a coterie of Arab movie stars – including TV satirist and talk show host Bassem Yousuf – gathered in Dubai for the launch party. At the party, Yasmine, who was selected by Endeavor last year, was recognized as one of the most active women in the Middle East.
Endeavor Mexico Entrepreneur Mois Cherem was one of three winners of the 2013 Schwab Foundation Latin America Social Entrepreneur of the Year Awards. He received the honor yesterday in Lima, Peru, at the World Economic Forum on Latin America – in the presence of President Ollanta Moises Humala Tasso of Peru; President Ricardo Martinelli of Panama and President Enrique Peña Nieto of Mexico.
Mois is one of three founders of ENOVA, which designs, builds and operates small, cost-effective digital learning centers in Mexico, known as RIA (Red de Innovacion y Aprendizaje). Because of ENOVA’s advanced technologies and well-trained facilitators, RIA is the biggest network of digital education centers in Mexico, where only 13% of students graduate from college. With 70 centers, ENOVA has approximately 235,000 registered members and 9,000 new students per month. Mois and ENOVA was also featured in our “Impact is Endeavor” video.
Arif Naqvi, Endeavor Global Board Member and Founder of The Abraaj Group, a leading private equity firm that invests in growth markets throughout Asia, Middle East, Africa, Turkey, Central Asia, and Latin America, was named the 2013 Oslo Business for Peace Honoree. The Oslo Business for Peace Award is the highest form of recognition given to individual business leaders for fostering peace and stability through creating shared value between business and society.
Naqvi’s work in promoting responsible business practices by looking at the stakeholder, rather than exclusively the shareholder, is pioneering in the private equity industry, and The Abraaj Group devotes the time of its employees and resources to mentoring social, cultural and economic entrepreneurs. Abraaj and its employees have developed an important partnership with Endeavor over the past three years supporting dozens of entrepreneurs as well as Endeavor’s affiliate expansion throughout MENA and Southeast Asia.
Endeavor is excited to announce the first group of confirmed speakers for the 2013 edition of our biennial Endeavor Entrepreneur Summit, to be hosted in San Francisco from June 19-21. Building on the success of the 2011 Endeavor Entrepreneur Summit, which drew 450+ participants – including 170 Endeavor Entrepreneurs and 90+ expert speakers – Endeavor expects this year’s event to be the largest and most dynamic Summit in its history.
The all-star line-up includes:
• Jack Dorsey, Co-founder & Chairman, Twitter; Co-Founder & CEO, Square.
• Ben Horowitz, Co-founder & General Partner, Andreessen Horowitz. Voted VC of the Year in 2011, Horowitz is widely considered one of the leading serial entrepreneurs turned investors in Silicon Valley.
• eBay President & CEO John Donahoe. In 2012, Donahoe oversaw eBay in enabling $175 billion of commerce in 2012 (roughly 18% of all e-commerce worldwide).
• SurveyMonkey CEO Dave Goldberg, who has raised over $450 million in equity financing for the world’s largest survey company.
Other notable confirmed speakers include company culture guru Jenn Lim (Zappos, Delivering Happiness); tech entrepreneur and sustainable food & agriculture angel investor Ali Partovi (Code.org, invested in Farmigo and Bright Farms); Cowboy Ventures founder and Kleiner Perkins Caufield & Byer partner Aileen Lee (also a former exec at the Gap, Odwalla and NorthFace); former Google exec and U.S. Navy officer Roy Gilbert; and Mitch Free, founder of MFG.com, the leading online marketplace for manufacturing products.
Attendees can also expect:
• Exclusive “fireside chats” with long-time Endeavor supporters Wences Casares, Chris Schroeder, Gina Bianchini, John McIntire, and Andres Moreno of Open English
• Small-group “hot topic” sessions with Endeavor Global Board Member Nick Beim; Amazon.com SVP International Diego Piacentini (a smash hit in his session at the 2011 Summit); Y Combinator Partner Geoff Ralston and a dozen others
Select Endeavor Entrepreneurs will also have the opportunity to join 20+ of Silicon Valley’s leading venture capital investors during a June 19th gathering of the Endeavor Investor Network (scheduled to take place just before the Summit kicks off). To register, click here.
Summit early bird prices for Endeavor Entrepreneurs and Endeavor network members run through Tuesday, April 30th. Over 100 Endeavor Entrepreneurs have already registered – don’t miss out! Register today!
Bogota-born actor and comedian John Leguizamo recommended Endeavor Colombia company Mario Hernandez as a “must visit” in a full page story on Bogota in the Adventure & Travel section of The Wall Street Journal. According to the write-up, “the leather [of the products] is buttery and the linings are cool. It’s all really well constructed and made to last.” Owner and Endeavor entrepreneur Mario Hernandez can now add this story to his collection of press featured on his website. Mario Hernandez was selected by Endeavor in 2012 and continues to thrive.
Endeavor partners Ernst & Young and MIT Sloan School of Management both conducted recent surveys on venture capital. The MIT study, which focuses solely on Brazil, highlighted some conditions in Brazil that make it an attractive place to invest, including the fact that there is a rapidly growing middle class with increased access to credit, as well as high digital engagement. After the U.S., Brazil has the highest number of Facebook and Twitter users.
Meanwhile, the Ernst & Young Annual Global VC Report describes 2012 as a challenging year for venture capital. Both the amounts raised and the number of rounds declined to their lowest point since 2009, and the market came under pressure from the ongoing tough exit environment. However, according to the report, as VCs moved toward investing in later-stage, high-growth ventures, there was a rise in involvement from angel investors and crowd-funding platforms that helped fund companies in the start-up stage.
Linda Rottenberg, CEO and Co-founder of Endeavor, delivered a speech in Rio de Janeiro at the Global Entrepreneur Congress (GEC) hosted by Endeavor Brazil. The speech was part of Endeavor Brazil’s “Day 1” series, where entrepreneurs talk about days that forever changed their entrepreneurial journeys.
Linda spoke before a packed audience about her “Day Ones,” including the day when, as an Ashoka fellow in Argentina in the late 90s, she had her “eureka moment” and first thought up the Endeavor model; the day when Argentina business tycoon Eduardo Elsztain agreed to fund the launch of Endeavor’s first office in Buenos Aires; the day when Endeavor Global Board Chairman Edgar Bronfman, Jr. pushed Linda to ratchet Endeavor’s global presence up to 25 countries by 2015; and finally, the day when she realized that in order for Endeavor to lead a global high-impact entrepreneurship movement, she needed to hire senior leaders, thereby transforming her team from a rock star into a rock band.
Other Day 1 speakers included Brad Feld, Managing Director of Foundry Group, Luciano Huck, Brazilian TV star (and the first Brazilian to garner one million twitter followers), and Edivan Costa, Brazilian Endeavor Entrepreneur and Founder of business registration company, SEDI.
Endeavor recently received notice that Thomas Eisenmann, the Howard H. Stevenson Professor of Business Administration at Harvard Business School, will donate to Endeavor the proceeds of his new book, Managing Startups: Best Blogposts.
The book is a collection of blog posts about startup ventures, covering important topics such as: Funding Management, Business Models, Lean Startup, Customer Discovery and Validation, Branding, and Product Development. Managing Startups will be published on May 15th, but is available here for pre-order on Amazon. Eisenmann said he chose Endeavor because of our focus on entrepreneurship in emerging markets.
Last week, Endeavor Mexico company, Fairtrasa, which produces and distributes high-quality organic and fair trade fruits and vegetables, acquired an established organic trading company in Holland to increase its sales in Europe.
With this acquisition, Fairtrasa is becoming a leading organic and fair trade fruit supplier in the European market. This will enable it to keep growing its farmer network and increase its economic and social impact. The company will now be called Fairtrasa Holland B.V.
In the news
- April 16th, 2014
- April 16th, 2014
- April 14th, 2014
- April 7th, 2014
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- (video) Two Mexico Entrepreneurs Named Schwab Foundation Social Entrepreneurs of the Year for 2014
- (video) Endeavor Greece Research Spotlights Local Entrepreneurship Scene; Featured in The New York Times and BloombergTV
- (video) GigaOm Structure Data Session with Endeavor Entrepreneur Spotlights Big Data in Africa
- (video) 2013 Endeavor Entrepreneur Summit Video: John Donahoe
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