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42 High-Impact Entrepreneurs from 12 Countries Join the Endeavor Network at the 55th International Selection Panel in Istanbul

Istanbul, Turkey – October 24, 2014 – At the 55th Endeavor International Selection Panel (ISP), 42 high-impact entrepreneurs leading 23 companies from 12 countries were welcomed into the Endeavor network. Endeavor now supports 990 High-Impact Entrepreneurs from 629 companies across 21 countries. […]

October 24th, 2014 — by admin

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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 Hosts 50th ISP: 26 High-Impact Entrepreneurs from Argentina, Brazil, Chile, Colombia, Egypt, Lebanon, Mexico, Saudi Arabia and Turkey Join the Endeavor Network

Palo Alto, CA – October 11, 2013 – Endeavor selected 26 High-Impact Entrepreneurs at 16 companies from Argentina, Brazil, Chile, Colombia, Egypt, Lebanon, Mexico, Saudi Arabia and Turkey at its 50th International Selection Panel. Endeavor now supports 844 High-Impact Entrepreneurs from 538 companies in 16 emerging and growth market countries. The entrepreneurs were chosen at a panel held from October 7 – 9 on the campus of the Stanford Graduate School of Business in Palo Alto. Panelists ranged from Silicon Valley venture capital executives to business leaders from 10 countries drawn from Endeavor’s extensive global network.

“We originally started Endeavor to bring some of the Silicon Valley magic to the far corners of the world,” said Endeavor co-founder and CEO Linda Rottenberg. “It’s gratifying to bring some of the entrepreneurial magic we have discovered in those regions back to the Valley for a special sort of mash up.”

The International Selection Panel (ISP) is the culmination of a rigorous multi-step selection process. At the ISP, top local and international business leaders interview candidates about their businesses and high-impact potential, and then vote on whether or not candidates become Endeavor Entrepreneurs. Post-selection, Endeavor provides entrepreneurs with customized services, including introductions to local and international business mentors and volunteers from Fortune 500 consulting firms. Endeavor Entrepreneurs have had a significant track record of creating thousands of jobs and building sustainable growth models in their home countries.

Endeavor will host its final 2013 Selection Panel in Dubai, UAE, December 10 – 12, 2013.

Brief descriptions of the selected entrepreneurs and companies follow.

FROM LATIN AMERICA:

ARGENTINA

Entrepreneur: Vanesa Duran
Company: Vanesa Duran Joyas (www.vanesaduran.com)
Description: Over the past ten years, Vanesa Duran has built a multi-million dollar jewelry company that takes advantage of a powerful, direct selling model to empower women and provide middle and lower income consumers throughout Argentina with access to quality jewelry. The company offers two product lines: The hallmark brand, Vanesa Duran Joyas, and a more affordable alternative for daily use, Oversize Markets.

BRAZIL

Entrepreneur: Joaquim Caracas
Company: Impacto Protensao (www.impactoprotensao.com.br)
Description: Impacto is laying the groundwork for a greener Brazil by developing reusable, sustainable, and easily-assembled construction products. Using an innovative technique called “post-tensioning,” Impacto fuses recycled plastic concrete slabs into flooring and uses 85% less wood than traditional methods in the process. Since its founding in 1996, Impacto has signed industry-leading Odebrecht and ArcelorMittal as clients and has registered 17 patents. Looking ahead, Joaquim plans to expand the company’s use of recycled plastic to new construction challenges.

Entrepreneur: Leonardo Simão
Company: Bebê Store (www.bebestore.com.br)
Description: The largest baby e-commerce retailer in Brazil, Bebê Store offers parents a unique online shopping experience by guaranteeing a wide selection of high quality products, terrific customer service, affordable shipping, and a flexible return policy. With industry leading revenues, customer service, and product selection, Bebê Store is on track to become the largest and most efficient online retailer of baby products in South America.

CHILE

Entrepreneur: Eduardo Cretier
Company: International Quality Systems
Description: International Quality System (IQS) saves industrial companies time and money by diagnosing and eliminating static equipment failures in large-scale production processes predominantly in the pulp and paper industry. This not only allows for improved operational reliability, but also minimizes industrial plant “down time” through nontoxic diagnostic x-ray machines that can run while plant workers are present. Their proprietary software reduces overall maintenance costs by identifying future maintenance needs to avoid emergency plant shutdowns, factors which greatly improve client production and profitability. IQS counts some of Chile’s largest cellulose companies as clients.

Entrepreneurs: Javier Sainz, John Alarcon
Company: Prodalysa (www.prodalysa.cl)
Description: Prodalysa’s groundbreaking technology extracts a 100% natural sugar alternative from stevia plants. The company sells two core stevia products: a pure stevia extract that can be adapted for industrial use and a pre-mixed blend stevia extract for commercial products. Prodalysa has already captured 80% of Chile’s stevia market and has pioneered the extract’s usage in new industries, like dairy. Javier and John are in the process of developing a private label option in sachet, tablet, and bottle form.

COLOMBIA

Entrepreneurs: Alex Torrenegra, Tania Zapata
Company: Bunny Inc. (www.voicebunny.com; www.voice123.com)
Description: Bunny Inc. is making a lot of noise in the voice casting market, disrupting the way voice actors and buyers connect. Before, the process of finding voice actors for a project took weeks and could cost thousands of dollars. Today, thanks to Bunny Inc’s VoiceBunny and Voice123 online platforms, buyers anywhere in the world can find professional voices in less than ten minutes. By dramatically lowering the cost and time to acquire a voice, Bunny Inc. is opening the market to many new applications for professional voices.

Entrepreneurs: Ricardo Ortiz, David Ortiz
Company: SIIGO (www.siigo.com)
Description: No business is too small for SIIGO, an Endeavor Colombia company looking out for the little guys. SIIGO’s financial, accounting and management software enables small businesses to better manage their financial information and increase efficiencies while minimizing costs. The company offers competitive pricing while promising agile product innovation capabilities through iSiigo, its integrated cloud based business management solution.

MEXICO

Entrepreneurs: Javier Lozano, Fernanda Zorrilla
Company: Clínicas del Azúcar (www.clinicasdelazucar.com)
Description: Diabetes has reached epidemic proportions in Mexico, with 70,000 deaths attributable to the disease each year. Clínicas del Azúcar (Sugar Clinics) seeks to turn these alarming statistics around, offering specialized, affordable diabetes care to low to middle income patients who otherwise would go under- or untreated. With its one-stop shop model, Clínicas has reduced patients’ annual costs by 75%, lowered their diabetes complication rates by 60%, and increased adherence to treatment by 1300%.

Entrepreneurs: José Akle, Sebastían Barrios
Company: Yaxi (www.yaxi.mx)
Description: Yaxi is a taxi hailing app for iPhone and Android that instantly connects passengers in Mexico City with taxis that are screened for quality, tracked for safety, and technically equipped for optimal route and payment efficiency. By working with ordinary taxis and charging passengers a low $1 commission fee, Yaxi brings quality, safety, and convenience to the masses at less than half the cost of black car hailing services, while significantly increasing driver earnings. Yaxi is already the #1 taxi hailing app in Mexico City, and is positioned to extend its lead across the region.

Entrepreneur: Carlos M. Anaya Rodríguez
Company: Parquimóvil (www.Parquimovil.com)
Description: The traditional parking meter- an outdated 73-year old machine- is calling for a new solution. Parquimóvil is rejuvenating this outdated infrastructure by providing a virtual parking registration system distributed through mobile phones and authorized retailers. Parquimóvil enables municipalities to avoid the installation and operational costs of parking meter infrastructure while simultaneously collecting data to improve public safety and urban planning. With Mexico ranking top on the “commuter pain” index, Parquimóvil removes commuter frustration associated with locating and paying for a parking spot.

Entrepreneur: José de Jesús González Macín
Company: Barared (www.barared.mx)
Description: Founded in 2006, Barared caters to the underserved market and in doing so is reinventing micro-commerce in Mexico. Barared offers the base of the pyramid population in Mexico access to essential services ranging from mobile phone top-ups to bank transactions in a convenient and affordable manner. The company has installed over 1,000 kiosks in “mom and pop” shops across Mexico City where customers can perform transactions without visiting banks and other government offices which are often located at a great distance from the customer.

Entrepreneur: Jose (Pepe) Islas, Jose Bezaury, and Antonio Vilches
Company: Grupo Archipielago (http://www.archipielagocorp.com/)
Description: Before 2009, entertainment options for hip young professionals in Mexico City were limited to large, crowded, and expensive clubs that delivered a single, formulaic experience. Today, trendsetters can be found scattered across a series of cutting-edge “islands” – venues distinct in concept but united by the creative vision of Grupo Archipielago. Grupo Archipielago offers unique, alternative experiences across a portfolio of restaurants and bars.

FROM THE MENA REGION:

EGYPT

Entrepreneur: Amr El Tayeb
Company: Smart Care Medical Services (http://smart-medicalservices.com/services.html)
Description: Smart Care offers corporate clients customized and discounted health care plans with access to over 400 health care providers (hospitals, clinics etc.). Smart Care educates clients’ employees about the plan, manages the revision process, and provides extensive customer service to beneficiaries, clients, and providers alike. For those not on a corporate healthcare plan, Smart Care provides discount medical cards.

LEBANON

Entrepreneurs: Eddy Maroun & Elie Habib
Company: Anghami (www.anghami.com)
Description: Anghami is a music streaming mobile application that offers music enthusiasts the opportunity to listen to a wide variety of Arabic and English tracks from the convenience of a mobile phone. Anghami’s music library features licensed content from leading Arabic labels such as Rotana and Mazzika, as well as from major international labels including Sony, Warner, and Universal. With the music streaming market valued at US$1 billion and growing, Anghami is well poised to capitalize on the trend in the underserved MENA market.

SAUDI ARABIA

Entrepreneurs: Amr S. Al Madani, Saeed Atef Saeed
Company: TalentS (www.talents.edu.sa)
Description: TalentS is working to improve the quality of science, technology, engineering, and math (STEM) education throughout Saudi Arabia. TalentS has developed creative, hands-on, and engaging methods for teaching STEM at robotics competitions and science fairs. The entrepreneurs are now applying their expertise to additional STEM-related learning opportunities, including managing STEM museums, designing exhibits, organizing corporate social responsibility events, and training teachers and students.

TURKEY

Entrepreneurs: Ömer Paksoy, Onur Tekinturhan
Company: Konut Kredisi (www.konutkredisi.com.tr)
Description: Konutkredisi.com.tr (Turkish for “home loan”) is the country’s first online loan brokerage platform, offering both mortgage and unsecured personal loan products from 16 of Turkey’s 21 major banks. Konutkredisi has become an important partner for borrowers and lenders alike. As Turkey’s home loan market is still emerging, Konutkredisi’s platform seeks to educate consumers in addition to allowing them to transparently compare products. At the same time, Konutkredisi has helped banks improve conversion rates and find new customers.

October 2013 Newsletter

To view Endeavor’s October newsletter, a recap of all the top news stories from the previous month, please CLICK HERE.

Reminder: To receive our monthly newsletters by email, please enter your email address in the sign-up box at the bottom of our homepage.

 

2013 Endeavor Entrepreneur Summit Video: Jenn Lim on Delivering Happiness the Zappos.com Way

Jenn Lim is the CEO and Chief Happiness Officer of Delivering Happiness, a company she and Tony Hsieh (CEO of Zappos.com) co-founded to inspire science based happiness, passion and purpose at work, home and everyday life. In 2010, Jenn led the launch and management of Tony’s first book (Delivering Happiness) which has sold over 460,000 copies worldwide. Today, she’s dedicated to growing the Delivering Happiness movement so we can all pay happiness forward — knowing if we create happier companies/communities/cities, we can make this a happier world.

 

0:04 On What Creates Happiness for our Lives

5:22 What Would You Do Without the Fear of Failure?

7:21 Priorities at Zappos: Company Culture and Customer Service

10:55 Lessons from Zappos: Commitment, Core Values, Transparency, Vision, Relationships, Building the Right Team

18:07 Employing the Science of Happiness at Zappos

22:37 Delivering Happiness in Action

 

Endeavor and Arvento Win People’s Choice Stevie® Awards

On the heels of its Bronze Stevie® Award, Endeavor was named the People’s Choice Award winner for Favorite Company- Non-Profit or Government Organizations Category- in the 10th Annual International Business Awards.

Endeavor Turkey Company Arvento Mobile Systems also received a People’s Choice Award for Favorite Company- Computer Hardware & Electronics Category. Founded by entrepreneur Özer Hıncal, Arvento has sold its vehicle tracking and fleet management software to over 23,000 customers.

More than 15,000 votes were cast in this year’s People’s Choice Stevie® Awards for Favorite Companies, a feature of The International Business Awards, the world’s premier business awards competition.  The International Business Awards are one of five awards programs organized by the Stevies.   All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. 

Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the W Hotel in Barcelona, Spain on 14 October.

Veramiko named “Entrepreneurs of 2013″ by CNN Expansión

Vidal Cantu and Guillermo Farias, the founders of Veramiko, were named “Entrepreneurs of 2013″ by leading Mexican business magazine CNN Expansión. As part of this honor, Vidal and Guillermo were featured on the cover of Expansión’s May 2013 edition. To see more information on the magazine’s website, click here.

Founded in 2006, Veramiko’s signature product is InTeam.com, an integrated intranet solution designed to foster workplace collaboration. InTeam.com has all of the features of social networks, such as profiles, “walls”, and news feeds, plus specialized business applications including project management tools, file sharing, wikis, and groups.

Vidal and Guillermo were selected by Endeavor at its December 2012 International Selection Panel in Miami.

 

Endeavor Entrepreneurs Featured in Drucker Institute’s Monthly Radio Program

The Drucker Institute, a think tank based at Claremont Graduate University, traveled to the Endeavor Entrepreneur Summit in San Francisco to speak with nine Endeavor Entrepreneurs from Latin America, Africa, and Europe. The interviews highlight the shared vision of Peter Drucker, the father of modern management, and Endeavor, which realizes that vision throughout the world through its network of mentors and high-impact entrepreneurs.

In wide ranging discussions, Phalana Tiller, the host of the Institute’s monthly radio program, spoke with Endeavor’s entrepreneurs about the importance of mentoring, the challenges of finding market focus, and potential sources of future growth. Asked about the role of mentoring in helping him and his business to achieve high impact, Carlo Gonzaga, an Endeavor Entrepreneur from South Africa’s Taste Holdings responded “we treat our franchisees in a kind of mentoring relationship. There’s no substitute for good old fashioned wisdom.”

Visit the Drucker Institute’s website to hear more from Carlo Gonzaga of Taste Holdings, Phaedra Chrousos of Daily Secret, Sally Buberman of Wormhole IT, Raúl Maldonado and Mois Cherem Arana of Enova, Melih Ödemis of Yemek Sepeti, Hervé Cuviliez of Diwanee,  Raúl Polakof of Scanntech, and Bernardo Lustosa of ClearSale.

Endeavor Entrepreneur and Global Board Member Wences Casares highlighted in Marketplace segment titled “Latinos making inroads in Silicon Valley”

In a segment entitled, “Latinos making inroads in Silicon Valley,” American Public Media’s Marketplace discusses how the Latin American population has been making inroads in Silicon Valley. “Latinos have long been the largest immigrant group in the U.S. But they weren’t much of a presence in the tech sector,” said Vivek Wadhwa, a fellow at Stanford Law School. But Vivek believes that’s changing. “I’ve seen significant growth in the Latin American population in Silicon Valley.”

Endeavor Entrepreneur Wences Casares was featured as a leading Latin American entrepreneur based in Silicon Valley. Raised on a sheep farm in Patagonia, Argentina, Wences was selected by Endeavor in 1998 for Patagon.com, an electronic brokerage. In January 1999, Wences raised US$4M through the Endeavor network. The following year, he sold a 75% stake in the business to Banco Santander for US$750M, instantly transforming him into a role model for budding entrepreneurs.

In the segment, Wences discussed inspiring fellow Latin Americans. “In a way what they are thinking is, ‘He’s just like me. He’s no better.’ Or, ‘He has no particular advantage. I can do this.'”

Today, Wences lives with his family in Palo Alto, where is still an active entrepreneur. His current business, Lemon.com, produces an iPhone app that essentially allows you to digitize your wallet. Wences is a frequent speaker, mentor, and panelist for Endeavor and serves on the organization’s Global Board of Directors.

Listen to the segment below or click here.

Act Two for Endeavor Entrepreneur Hakan Baş: Successful Online Fashion Site is a Hit in Turkey and Attracts a Major Global Investment

It is not unusual for Endeavor Entrepreneurs to start second and third companies but few have had such rapid success as Turkey’s Hakan Baş. Hakan had an early start with Endeavor, serving first as an intern with Endeavor Turkey  before returning as an Entrepreneur candidate with electronic gaming leader Peak Games in 2011 at the Amman ISP. Hakan left Peak later that year to found Lidyana, an online shopping site that was named Turkey’s “hottest start-up” of 2012 by Wired magazine (UK edition). The site quickly became a successful player in Turkish e-commerce. Hakan recently attracted a significant investment round led by Germany’s Burda group, one of that region’s most important media conglomerates. Endeavor Catalyst also participated in the round, making Lidyana the donor fund’s ninth investment overall and fourth in Turkey.

“I take great pride and joy in being a part of the Endeavor community, and actively make an effort to bring in the Endeavor culture to all of my ventures,” said Hakan. “Having joined this family as an intern and being selected as an Endeavor Entrepreneur twice, I have more recently had an opportunity to serve as an Advisory Board member in Endeavor Turkey. The investment from the Catalyst Fund is yet another great milestone. I look forward to adding value to the ecosystem in line with Endeavor’s mission.”

 

Timed for G20, EY Issues a New Entrepreneurship Barometer Report

As part of its continuing thought-leader efforts surrounding the G20 meetings, Endeavor Partner EY released a new version of its Entrepreneurship Barometer report this week.  The EY G20 Entrepreneurship Barometer 2013 is designed to help leading countries benchmark their progress and performance on this vital issue. It enables each G20 nation to identify current strengths in its entrepreneurial environment, as well as the main opportunities for further development.  As a result, the Barometer provides a powerful framework to help countries understand and improve the ecosystems that are vital to the success of the entrepreneurs of the future.

Although there have been a number of international studies on entrepreneurial ecosystems, there is still a need for better tools and data to help countries measure their performance on this issue. This report makes an important contribution to this endeavor by capturing insights from key research initiatives.  A key conclusion of the report:  Mature markets continue to provide the best ecosystems for entrepreneurship development but rapid-growth markets — such as Endeavor countries Brazil, Argentina and Turkey — are closing the gap.

EY hopes the report will grab the attention of government leaders attending the G20.  “The need to act is clear. Entrepreneurs have the power to create jobs and drive growth – but first we need to give them the tools and the environment that will enable them to succeed,” said Maria Pinelli, Global Vice Chair, Strategic Growth Markets at EY.

For a complete copy of the report, click here.

 

Argentina’s Socialmetrix Chosen as Social Media Provider for ad:tech London

Argentina-based Endeavor Entrepreneur Socialmetrix and ad:tech London have partnered to extract and analyze ad:tech’s London social media data. Ad:tech London launched today at the Olympia Hall & Convention Center and will last two days. The event brings together more than 6,000 marketing, communications and advertising professionals from the UK and the U.S. and will highlight keynote conferences from some of the most renowned leaders.

“We are very pleased with this partnership. The ad:tech London team and Socialmetrix have worked together to create a model where ad:tech can take advantage of our technology and improve its knowledge about its audience interests and characteristics”, says Martín Enriquez, CEO and Cofounder at Socialmetrix.

Socialmetrix is providing ad:tech with the latest technology for social media monitoring and analysis, enabling the event organizers to have a deep understanding of the attendees’ opinions and feelings about the contents and speakers showcased during the two days of congress—all in real time.

“After evaluating Socialmetrix technology and its benefits, we [were] very enthusiastic with the possibility of increasing the attendees’ engagement with our brand and our speakers, as well as with knowing more about the desires and opinions of our audience”, says Matthew Appleby, Marketing and Communications Director at ad:tech London.

“By using our technology, ad:tech London will be able to incentivize attendants to interact with the ad:tech brand in a more ‘fluid’ way while collecting and processing their opinions and making adjustments, if needed, to the contents’ programming based on people’s opinions”, adds Enriquez.

For those following the event from their homes and offices, who want to keep up with the social chatter about ad:tech London, Socialmetrix is publishing a real-time monitoring platform displaying stats and comments published online about ad:tech.

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