Endeavor (non-profit)

Endeavor
Non-Profit
Founded 1997
Founders Linda Rottenberg and Peter Kellner
Headquarters New York City, New York, United States
Area served
 20+ affiliate offices in Latin America, the Middle East, Southeast Asia, Africa, and Europe[1]
Key people
 Linda Rottenberg (CEO)
Edgar Bronfman, Jr. (Chairman)
Fernando Fabre (President)
Number of employees
 300+ worldwide
Website endeavor.org

Endeavor is a non-profit organization headquartered in New York City that credits itself as pioneering the concept of high-impact entrepreneurship in growth markets around the world. Its mission is to select, mentor and accelerate the best High-Impact Entrepreneurs around the world.[2]

Established in 1997, Endeavor is headquartered in New York City with satellite offices in San Francisco and Singapore. It also has offices in Argentina, Brazil, Bulgaria, Chile, Colombia, Detroit, Egypt, Greece, Indonesia, Jordan, Lebanon, Louisville, Malaysia, Mexico, Miami, Morocco, Peru, Philippines, Saudi Arabia, South Africa, Spain, Turkey, UAE and Uruguay. The organization expanded to 25 countries in 2015, including expansions in the Middle East, Europe and Southeast Asia.[1]

Model

Endeavor aims to identify and support those entrepreneurs with the greatest potential for economic and social impact in their regions. Endeavor provides the entrepreneurs in its network with services that will help them grow their ventures, create jobs, transform economies and support future generations of entrepreneurs.[3]

Since 1997, Endeavor has screened and provided feedback to over 47,000 candidates and selected over a thousand High-Impact Entrepreneurs from more than 700 companies. Supported and mentored by a network of 2,500+ local and global business leaders, these entrepreneurs have created over 500,000 high-value jobs and in 2014 and generated $8 billion in revenues. Among other impact metrics, companies in the Endeavor portfolio average a 68% growth rate within the first two years of selection.[4] Currently, Endeavor Entrepreneurs donate annually back to the organization, which eventually aims to be self-sustaining.

History

Events

Endeavor Gala

Endeavor holds a gala fundraiser event in New York City every year. The Gala brings together nearly 500 top international business leaders, decision makers and Endeavor network members to celebrate the organization's work and honor the accomplishments of well-known entrepreneurs and executives.

Gala honorees have included:

Endeavor Summit

Endeavor also holds an invitation-only biennial summit that convenes leading entrepreneurs, investors and stakeholders in the Endeavor network to discuss and learn about strategies for entrepreneurial growth and innovation. The Summit regularly features panels, workshops and keynote talks from some of the world's leading entrepreneurs and business people.

The 2013 Summit took place in San Francisco and featured talks with Alex Asseily, CEO of Jawbone, Jack Dorsey and Biz Stone, founders of Twitter, John Donahoe, CEO of eBay and Dave Goldberg of SurveyMonkey, among other big names.

Accolades

Thomas Friedman, best-selling author and Pulitzer Prize winning columnist, stated in his book The World is Flat that "Endeavor was formed for the purpose of promoting entrepreneurs in emerging markets. Its basic model is to link up small and midsize businesses with seasoned entrepreneurs so that little guys and gals can get the advice and contacts they need to grow their companies into bigger businesses that can employ more people -- the best antipoverty program of all."[8]

Endeavor Global Board

Sources

  1. 1 2 "Endeavor Affiliates". January 2014.
  2. ↑ "Endeavor Mission Statement". February 2014.
  3. ↑ "Endeavor Model". January 2014.
  4. ↑ "Endeavor Top Metrics". February 2014.
  5. ↑ "The Justice". Thejusticeonline.com. Retrieved 2011-03-24.
  6. ↑ Morse, Jodie (2001-11-05). "Charity Without The Checks". TIME. Retrieved 2011-03-24.
  7. ↑ "Schwab Foundation for Social Entrepreneurship - Profiles". Schwabfound.org. Retrieved 2011-03-24.
  8. 1 2 "Tom Friedman Calls Endeavor's Model ``The Best Anti-Poverty Program of All''". Businesswire.com. 2007-07-25. Retrieved 2011-03-24.
  9. ↑ Archived January 6, 2009, at the Wayback Machine.
  10. ↑ World Economic Forum on the Middle East
  11. 1 2 "ON | Endeavor Receives $10 Million Commitment from Omidyar Network to Support High Impact Entrepreneurship in Emerging Markets". Omidyar.com. 2008-07-31. Retrieved 2011-03-24.
  12. ↑ "Endeavor launches a second Southeast Asian country affiliate in Malaysia". Retrieved 2013-10-30.
  13. ↑ "Matrix Partners " Team " Nick Beim". Matrixpartners.com. Retrieved 2011-03-24.
  14. ↑ "Abraaj Capital | Investing in Foresight". Abraaj.com. Retrieved 2011-03-24.
  15. ↑ "America's Best Leaders: Linda Rottenberg, Entrepreneur - US News and World Report". Usnews.com. 2008-11-19. Retrieved 2011-03-24.
  16. ↑ Lorenzo, Mauro De. "Entrepreneurial Philanthropy in the Developing World". AEI. Retrieved 2011-03-24.
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